20th April 2008

Carmax Profits Fall

posted in Carmax |

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.

This entry was posted on Sunday, April 20th, 2008 at 3:46 am and is filed under Carmax. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

There are currently 2 responses to “Carmax Profits Fall”

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  1. 1 On April 20th, 2008, Eric said:

    Hi, like your site…has some pretty good info.

    Just curious, what’s your beef with Carmax?

  2. 2 On May 8th, 2008, Iman said:

    I’ve dealt with so many people in the past and now on an almost daily basis that are deceived by many of Carmax’s practices. An educated customer is a good customer :)

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