Sales volume and average selling price of Carmax's used vehicles 2018-2022
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