used car sales

Do Women Really Make Better Car Choices Than Men?

One recent study of used-car buying habits found that women were more likely to do research and have a mechanic inspect a car before buying. Another study on new-car buying preferences shows that women make more practical choices.

Earthquake, Gas Prices Could Set Back New Car Sales

New car buyers may go on strike -- again. Faced with the rising cost of fuel and parts shortages that could drive up new car prices and make some popular models scarce, consumers in the market for a new car may decide to delay purchases or turn to used cars.

Used Car Prices Fall for First Time Since 'Cash for Clunkers'

Even as overall costs for consumer goods rose 0.1% in September, prices for used cars fell 0.7% during the month, according to data released Friday by the Labor Department. It was the first used car price drop recorded since just before the federal government's "cash for clunkers" rebate program began in July 2009

CarMax Earnings Rise to 48 Cents Per Share

CarMax Inc (KMX) reported quarterly earnings of 48 cents per share, up from 46 cents per share a year earlier. Net sales rose 13% to $2.34 billion, from $2.08 billion a year earlier, the company said in a statement. Comparable store used unit sales rose 4%, with total used unit sales rising 5%.