Buy Car Prices — Carmax

CarMax is currently undergoing a "price reset" to address declining sales and the perception of being overpriced compared to local dealerships.

: The company is selectively lowering prices to close the gap with the broader used market, which has directly impacted their gross profit per unit (GPU), falling to $2,115 —a 9% decrease from the previous year. carmax buy car prices

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. CarMax is currently undergoing a "price reset" to