CarMax, Inc.
KMXNYSE
KMX·NYSE
Car. Max, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: Car. Max Sales Operations and Car. Max Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, Car. Max sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, Car. Max delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal Car. Max Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, Car. Max operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, Car. Max, Inc. maintains its corporate headquarters in Richmond, Virginia.
Car. Max, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: Car. Max Sales Operations and Car. Max Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, Car. Max sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, Car. Max delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal Car. Max Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, Car. Max operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, Car. Max, Inc. maintains its corporate headquarters in Richmond, Virginia.