Finance Insurance

CarMax finance arm grows pre-qualification feature

CarMax is working to obtain “more affordable inventory,” CEO Bill Nash said.
CarMax is working to obtain “more affordable inventory,” CEO Bill Nash said. (GETTY IMAGES)
July 18, 2022 04:00 AM

CarMax Auto Finance plans to scale its "no-impact-to-your-credit-score" pre-qualification feature — first tested in March — across the U.S. during the rest of the year, Jon Daniels, senior vice president, said on CarMax's earnings call last month. The feature is currently available to about 25 percent of its online customers.

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