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Carmax auto finance consumer confidence trends
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Consumer confidence trends, as measured by the Conference Board index, have shown mild improvement. This macro backdrop could positively influence CarMax Auto Finance’s applicant credit scores, indirectly improving loan portfolio quality. CarMax currently trades at $46, down from $57.06 just before the earnings. At this price, is it a buy or sell? Find out in our full research report (it’s free) . As Genesis turns 10, the next step: Establishing Magma as a high-performance force KMX short interest has decreased by 5%, a sign that bearish sentiment is easing. The key driver has been CarMax Auto Finance’s steady securitization market access, maintaining liquidity for lending operations.