Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows you to buy or sell a vehicle ...
CarMax is an absolute powerhouse when it comes to pre-owned vehicle retailing. It sells more than double the used inventory than their nearest competitor and they make significantly more money doing ...
Based on recent securitization pricing and continued deterioration in the credit markets (increased delinquency rates), the analyst sees potential for KMX's net interest margin to be squeezed beyond ...