CarMax Plunges 15%: The Used Car Market Sends a Warning
CarMax’s 15% single-day crash reveals deep stress in America’s used car market as auto loan rates, falling prices, and a squeezed consumer collide.
auto market
Used Car Prices Are Back at 2023 Highs. This Time It’s Different.
The Manheim Used Vehicle Value Index just hit its highest mark since the summer of 2023. Behind the surge: a supply crunch, war-driven fuel costs pushing buyers away from new vehicles, and a used market that refuses to cool down.