The average selling price for a used vehicle at CarMax was for the fourth fiscal quarter ending February 28, 2026. This represents a slight year-over-year decrease of 0.4% as the company implements a turnaround strategy to lower prices and win back market share from traditional dealers. Current Market Position & Pricing Strategy
: To offset lower margins from price cuts, CarMax is aiming to reduce administrative spending by $150 million . Should I Buy a Car From CarMax? - RateGenius carmax buy car prices
: To attract budget-conscious buyers, CarMax is expanding its inventory to include more older, higher-mileage vehicles . The average selling price for a used vehicle
As of April 2026, CarMax's financial results reflect the pressure of their pricing adjustments and broader market headwinds: : Totaled $5.79 billion , a 6.9% decrease. Should I Buy a Car From CarMax