Carmax Profits Fall
Carmax recently reported a fourth quarter 48% drop in profits. Carmax also estimates an average profit of $2500/car, which means if you do some work you can find a car for cheaper than what Carmax is selling it for. Trust me I’ve been in the car business for many, many years and I know the margins on cars and Carmax is definitely on the top end.
So if you’re looking for your next car and need some help, click on the free advice link above and e-mail me for free car advice.
posted in Carmax | 2 Comments