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UPDATE 1-CarMax revenue jumps as easier credit boosts used car sales

2014-12-19 23:37:36| Auto Dealers - Topix.net

CarMax Inc, the largest U.S. used-car seller, reported a 16 percent rise in quarterly revenue as easier availability of credit helped it sell more pre-owned vehicles at higher prices. U.S. auto loan originations in the third quarter hit the highest level since 2005, according to a survey published by the Federal Reserve Bank of New York in November.

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Category:Automotive

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