Edmunds Being Purchased By CarMax

Brody Dezember

I just read in Automotive News that Carmax was buying a minority stake in Edmunds for $50 million.  I don't have a lot of things going on with Edmunds in my stores, but our group has a good amount business with them.  

Does this make you question your partnership with Edmunds (if you have one)? 

Rob M

Sure feels like a giant problem for me. Not current an Edmunds customer but was considering it. Hard to imagine moving forward now, knowing that I’ll just be aiding an already huge competitor.

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