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In this Carvana vs. CarMax comparison guide, we will discuss how these platforms compare with each other. Get Started: Make a Debt-Free Future Your Reality More: 17 Hidden Auto Costs Your Dealer ...
While CarMax is seen as the nation's largest used-car retailer, it has competition. With a significant shift in customer shopping habits, more online-only companies have worked to capture Carmax's share in the used vehicle market. CarMax unveiled an Omni-channel platform to allow customers to buy a car online, in-store, or any combination of these.
CarMax's fiscal 2025 first-quarter earnings fell year over year, but the used car dealer's business is still more attractive than Carvana's.
The company was an early adopter of the "haggle-free" approach to pricing used cars, later used by competitor CarMax and online used car retailers like Carvana. While most small used car dealers sell vehicles " as is ", Enterprise offers a 7-day/1,000-mile buyback policy, a 12-month/12,000-mile limited powertrain warranty and 12 months of ...
Edmunds was founded by Ludwig Arons in 1966 as Edmunds Publications, a publisher of printed booklets consolidating automotive specifications to help car shoppers make buying decisions. [3]
TrueCar stock is down 8% year-to-date, though it is easily outpacing the performance of its competitors Carvana and Vroom, and even the S&P 500 , which at the time of this writing is down 17%.
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