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

Used-car retailer CarMax on Thursday reported a fourth-quarter profit that missed Wall Street estimates, as higher borrowing costs kept some consumers from making big ticket purchases.

Both CarMax and J.D. Power leave an effortless experience around gathering pricing, ratings, and reviews for car purchasing & selling decisions. And while CarMax dipped their feet a little into ...

(Reuters) - Used-car retailer CarMax on Thursday reported a fourth-quarter profit that missed Wall Street estimates, as higher borrowing costs kept some consumers from making big ticket purchases.

Industry experts say the tariffs could steer budget-conscious shoppers toward the used-car market. In December, Carmax also boosted its supply of vehicles priced under $20,000. But CarMax warned ...