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CarMax Auto Finance originations down 1% year over year

CarMax Auto Finance’s originations declined in the third quarter as the lender looked to improve collections and underwriting for better credit performance.  Originations totaled $1.9 billion in the third quarter of fiscal 2025, which ended Nov. 30, down 0.6% year over year, while outstandings ticked up 1.5% YoY to $17.8 billion, according to the lender’s […]