Carvana vs. CarMax: Which Used Car Stock Has More Fuel for Growth?

To boost domestic production, U.S. President Trump is imposing 25% tariffs on imported cars and key auto parts, including engines, powertrains, and transmissions. These tariffs, set to take effect tomorrow, are expected to disrupt the auto industry, strain supply chains and lift vehicle prices — creating affordability challenges that could weaken demand.With new car prices rising, more buyers may shift to the used car market, further widening the price gap between new and used vehicles. Initially, the used ...