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Today we will run through one way of estimating the intrinsic value of CarMax, Inc. ( NYSE:KMX ) by taking the expected... CarMax, Inc. (NYSE:KMX) Shares Could Be 26% Above Their Intrinsic Value ...
The company reported earnings per share of 85 cents, missing the analyst consensus estimate of 86 cents. CarMax Auto Finance income was $115.6 million, a decline of 14.4% from last year’s second ...
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The Edmunds.com True Market Value Used Vehicle Appraiser estimates the actual transaction prices for used vehicles bought and sold by dealers and private parties. [27] In 2020, Edmunds launched a partnership with CarMax that allows a driver to receive a no-obligation cash offer for their vehicle which can be redeemed at any CarMax location. [28]
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of October 2022, CarMax operates 238 locations. [3]
Trade-in value is an important facet of the car deal. Many websites offer trade-in value estimates. [11] However, most of these values are estimated from a theoretical chart that may or may not be based on recent average sales prices of a particular make and model.
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