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Both CarMax and Carvana are great platforms for buying and selling used cars, but which one is better? Here's a full overview to help you make your decision.
In 2011, two years after launching a similar service for new vehicles, the company launched a used car inventory search tool, allowing users to compare vehicles in their market. [12] Edmunds.com launched its first TV advertising campaign in select markets in 2012, before expanding nationally in 2013. [ 13 ]
A typical CarMax store is approximately 59,000 square feet (5,500 m 2), [9] carries an inventory of 300–400 vehicles, and turns its inventory over eight to ten times a year. On average, a CarMax location employs 40 sales associates.
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CarMax’s earnings per share (EPS) is expected to increase on higher revenues when it reports results for the fiscal third quarter on Dec 22. CarMax’s Stock Is Well Worth Watching Ahead of Q3 ...
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