In December, Carmax also boosted its supply of vehicles priced under $20,000. But CarMax warned that the tariffs could drive up used-car prices, as well as vehicle reconditioning costs due to ...

CarMax, Inc. released a report revealing significant trends in consumer interest in used electric vehicles (EVs) from January 2022 to February 2025. The data shows that monthly online searches for ...

The move comes as industry experts say Trump's tariffs could steer budget-conscious shoppers toward the used-car market.