In the 2022 fiscal year, CarMax recorded used vehicle sales of over 924,300 units. While this was a record high for the company across the recorded period, it was also paired with a staggering increase in its used vehicles' average selling price. Between 2021 and 2022, the brand recorded a rise of over 6,000 U.S. dollars in used vehicle prices. This is tightly linked with the drop in the supply of new vehicles amid the global automotive semiconductor shortage.
CarMax Inc.'s used vehicles average selling price and unit sales between FY 2018 and FY 2022
(in U.S. dollars and unit)
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CarMax. (April 12, 2022). CarMax Inc.'s used vehicles average selling price and unit sales between FY 2018 and FY 2022 (in U.S. dollars and unit) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1302766/carmax-used-vehicle-sales-and-selling-price/
CarMax. "CarMax Inc.'s used vehicles average selling price and unit sales between FY 2018 and FY 2022 (in U.S. dollars and unit)." Chart. April 12, 2022. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1302766/carmax-used-vehicle-sales-and-selling-price/
CarMax. (2022). CarMax Inc.'s used vehicles average selling price and unit sales between FY 2018 and FY 2022 (in U.S. dollars and unit). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1302766/carmax-used-vehicle-sales-and-selling-price/
CarMax. "Carmax Inc.'s Used Vehicles Average Selling Price and Unit Sales between Fy 2018 and Fy 2022 (in U.S. Dollars and Unit)." Statista, Statista Inc., 12 Apr 2022, https://www.statista.com/statistics/1302766/carmax-used-vehicle-sales-and-selling-price/
CarMax, CarMax Inc.'s used vehicles average selling price and unit sales between FY 2018 and FY 2022 (in U.S. dollars and unit) Statista, https://www.statista.com/statistics/1302766/carmax-used-vehicle-sales-and-selling-price/ (last visited November 04, 2024)
CarMax Inc.'s used vehicles average selling price and unit sales between FY 2018 and FY 2022 (in U.S. dollars and unit) [Graph], CarMax, April 12, 2022. [Online]. Available: https://www.statista.com/statistics/1302766/carmax-used-vehicle-sales-and-selling-price/
