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Carfax, Inc. (stylized CARFAX) is an American company that provides vehicle data to individuals and businesses. Its most well-known product is the CARFAX Vehicle History Report. [ 1 ] Their other products include vehicle listings, car valuation, and buying and maintenance advice.
The Edmunds.com True Market Value Used Vehicle Appraiser estimates the actual transaction prices for used vehicles bought and sold by dealers and private parties. [27] In 2020, Edmunds launched a partnership with CarMax that allows a driver to receive a no-obligation cash offer for their vehicle which can be redeemed at any CarMax location. [28]
When looking at those cars traded in to buy used EVs at CarMax during the September 2022 to February 2023 timeframe, CarMax found the top traded-in vehicle type were SUVs, at around 40%, followed ...
Carfax (company), a commercial web-based service that supplies vehicle history reports; Carfax Gallery (or Carfax & Co) in London, co-founded by William Rothenstein; Carfax, or Carfax Abbey, fictional home in England of Count Dracula; Carfax, a fictional town in Virginia and home of the narrator in "The Rats in the Walls"
CarMax boasts a wide selection of vehicles, ensuring that every buyer has an option that meets their needs. Even better, you can also find cars in person at a CarMax location local to you. Pros
The paper's findings have since been applied to many other types of markets. However, Akerlof's research focused solely on the market for used cars. Akerlof's paper uses the market for used cars as an example of the problem of quality uncertainty. It concludes that owners of high-quality used cars will not place their cars on the used car market.