CarMax management doesn't understand

The automakers, especially the big three, have made it clear that they don’t care about volume. Their plan is to inflate ATP and GP to the sky. If volume falls, they don’t care. They’ll just close more plants and put more people out of work.

CarMax doesn’t seem to understand, it’s all about jacking prices up to the moon, as management snivels about “affordability”.

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Report last week used car prices are dropping.

I expect car prices to go nuts by the 2H23.