Comments by "18rabbit" (@18_rabbit) on "CARMAX is DONE! They have FAILED to DROP PRICES Fast Enough" video.

  1. i love it actually.
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  2. keep in mind that the interest rate a large lender chooses (i guess carmax is pretty large lender, so to speak), is a reflection of how they see the overall economic/credit risk to the loans. The concept is that a lender protects itself from econ risk of each individual borrower, and given they see the best credit rated ppl merely worth offering 9% or 8%, is a really really negative prediction of the next few years of economy/risk. Otoh, Carmax may be winding down i guess at some point, and for whatever complex credit/banking reasons perhaps, they're stalling on writing down their inventory. Jeeps are a luxury and stupid purchase vs a truck imho, but for those who want one, or a Ram or a Chevy, go to a huge discount dealer like the one in ...Idaho i think it is.
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