CarMax
Sign in to saveCarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City Corporation, Inc., opening its first location in September 1993 in Richmond, Virginia. CarMax operates 253 locations.
Company
KMX- Industry
- Retail-Auto Dealers & Gasoline Stations
- Exchange
- NYSE
- State of incorporation
- VA
- Entity type
- operating
- Fiscal year end
- Feb 28
- Latest filing
- SCHEDULE 13G/A · 2026-05-14
via SEC EDGAR
Wikidata facts
- Official website
- www.carmax.com
- Image
- 2008-11-11 CarMax in Raleigh.jpg
Show 3 more facts
- inception
- 1993-01-01
- Commons category
- CarMax
- social media followers
- 37655
Sources (6)
via Wikidata · CC0
~4 min read
Article
6 sectionsContents
- About
- Concept
- Competition
- Recognition
- References
- External links
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City Corporation, Inc., opening its first location in September 1993 in Richmond, Virginia. CarMax operates 253 locations.
While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company.