The used car industry just witnessed its worst day in history. CarMax's shocking announcement sent their stock plummeting 47% in a single trading session, but that's just the beginning. What they revealed about the future of car sales has every dealer in America scrambling to survive.
I've been tracking this story for weeks, and what's happening behind the scenes is far worse than anyone realizes. CarMax didn't just report bad earnings - they essentially admitted the entire used car business model is broken. When the largest used car retailer in America throws up their hands and says they can't predict what's coming next, that's not a company problem - that's an industry apocalypse.
In this video, I'll break down exactly what CarMax's executives said that triggered this market meltdown, why their inventory crisis is spreading to dealers nationwide, and what this means for anyone thinking about buying or selling a car in the next 12 months.
The ripple effects are already devastating. Smaller dealers are reporting 60% drops in foot traffic, auction prices are collapsing, and financing companies are pulling back from auto loans entirely. I'll show you the internal documents that reveal just how bad things have gotten and why industry insiders are calling this "the beginning of the end."
But here's what really matters for you: this creates both massive opportunities and serious risks. I'll reveal which types of vehicles are about to become worthless, which ones might actually increase in value, and the exact timing you need to know whether you're buying or selling.
This isn't just about CarMax anymore - it's about the complete restructuring of how Americans buy and sell cars. The old system is dying, and what replaces it will determine who wins and who loses everything.
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