CarMax Leads the 2022 Used-Vehicle Sales Ranking

CarMax has been a longtime leader in the Automotive News’ top 100 U.S. dealership group rankings but has secured a spot as the number one used-vehicle retailer on Automotive News’ new used-vehicle-only sales report. CarMax competes directly with several used-only dealership groups, including Carvana, Vroom, and DriveTime Automotive, but in 2022 sold nearly double the number of vehicles as number 2, Carvana.

The new report by Automotive News strives to isolate the top used-only dealerships from their franchise competitors who offer new and used vehicles. The top five used-only dealerships make up over 85% of used vehicle sales amongst their direct peer group.