US used car dealer CarMax says Q3 2023 revenue USD6.5 billion, down 23.7% y/y

Total retail used units sold decreased 20.8% and total wholesale units sold decreased 36.7%

CarMax, a US-based retailer of used cars, has announced that in the third quarter ending November 2022, its net revenue stood at USD6.5 billion, down 23.7% compared with the prior year third quarter, according to a press release dated 22 December.