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Tag: CarMax

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CarMax Auto Finance: What an 11.8% Average Contract Rate Says About Used-Car Affordability

CarMax Auto Finance reported an 11.8% weighted-average contract rate in its latest quarter. Here’s how to interpret that figure without confusing it with an APR or a national auto-loan average.

Casey Lester October 3, 2026

CarMax dealership exterior, used-car retail location

Consumer Money

CarMax Q2 2027 Earnings: What the Results Say About Used-Car Prices and Demand

CarMax’s latest quarter combined higher used-car sales and prices with lower profit per retail vehicle. Here’s what the results do—and do not—tell us about the used-car market.

Casey Lester September 30, 2026