Comment on Here's what CarMax earnings can tell us about the value of used cars

Here's what CarMax earnings can tell us about the value of used cars

CarMax Inc. sells a whole lot of cars, trucks and SUVs, nearly 244,000 of them last quarter. And if its sales are a fair indication, used vehicles are holding their value. The Richmond, Virginia-based auto seller reported record second quarter results, with sales up 10.9 percent from a year ago. CarMax had operating revenue of $3.6 billion.

 

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