according to a new report from CARFAX. This marks an 18% increase since 2021 and highlights a serious issue in the used car market, costing buyers thousands of dollars extra in inflated car prices.

CARFAX provides trusted information that helps millions of people shop, buy, service and sell cars with more confidence. Known for its comprehensive vehicle history database and groundbreaking ...

On top of well-improving car sales, CarMax's financing segment's earnings increased 7.6% year-on-year to $159.9 million. The Q3 EPS of $0.81, up considerably from $0.52 a year ago, also beat Wall ...