Advertisement
Singapore markets closed
  • Straits Times Index

    3,264.53
    -35.51 (-1.08%)
     
  • S&P 500

    5,187.70
    +6.96 (+0.13%)
     
  • Dow

    38,884.26
    +31.99 (+0.08%)
     
  • Nasdaq

    16,332.56
    -16.69 (-0.10%)
     
  • Bitcoin USD

    62,272.32
    -1,704.74 (-2.66%)
     
  • CMC Crypto 200

    1,319.64
    +24.97 (+1.93%)
     
  • FTSE 100

    8,338.71
    +25.04 (+0.30%)
     
  • Gold

    2,322.90
    -1.30 (-0.06%)
     
  • Crude Oil

    77.40
    -0.98 (-1.25%)
     
  • 10-Yr Bond

    4.4630
    -0.0260 (-0.58%)
     
  • Nikkei

    38,202.37
    -632.73 (-1.63%)
     
  • Hang Seng

    18,313.86
    -165.51 (-0.90%)
     
  • FTSE Bursa Malaysia

    1,604.75
    -0.93 (-0.06%)
     
  • Jakarta Composite Index

    7,088.79
    -34.82 (-0.49%)
     
  • PSE Index

    6,659.18
    +40.60 (+0.61%)
     

Better Stock Buy: Carvana vs. CarMax

Better Stock Buy: Carvana vs. CarMax

Carvana (NYSE: CVNA) and CarMax (NYSE: KMX) are both used car retailers that set firm prices and simplify the buying process. Carvana sells all of its cars online, and customers can either have their vehicles delivered or pick them up at one of its 33 "vending machine" towers across America. Carmax has a much larger brick-and-mortar footprint, with 240 used car stores across the U.S. It also operates an online marketplace, which streamlines the process with deliveries and in-store pick-ups.