CarMax (KMX) — The Largest Used Car Dealership as an Investment

Ever bought a used car? Consider buying a used car business.

Image by Olivier Le Moal

CarMax is the nation’s largest retailer of used cars, outselling its strongest competitor by a factor of 2.

The company sold 832,640 used vehicles in fiscal year ended February 29, 2020, continued to finance 1M accounts and…