CarMax just dropped some not-so-great news: profits have been slashed in half as fewer people are buying used cars thanks to sky-high prices and tough loan rates. They’re cutting costs, spending more on ads, and even hunting for a new CEO to turn things around. If you’ve been holding off on buying a car, you’re not alone—everyone’s feeling the pinch, and even the big guys are scrambling to keep up. #Cars #CarMax #UsedCars