CARMAX INC

The largest US retailer of used vehicles, offering no-haggle pricing, financing, and wholesale auctions.

KMX | NYSE

Overview

Corporate Details

ISIN(s):: N/A
LEI:
Country:: United States of America
Address:: 12800 TUCKAHOE CREEK PARKWAY, 23238 RICHMOND
Website:: https://www.carmax.com/
Sector:: Wholesale and retail trade
Industry:: Retail sale of other goods, except motor vehicles and motorcycles

Description

CarMax, Inc. is the largest retailer of used vehicles in the United States. The company's business model is built on a transparent, no-haggle pricing structure and an omnichannel approach, allowing customers to shop online, in-store, or a combination of both. CarMax operates through two primary segments: CarMax Sales Operations, which manages the buying and selling of used vehicles, and CarMax Auto Finance, which provides financing options to customers. The company offers a broad selection of certified used cars, each with a detailed history report. In addition to its retail operations, CarMax also runs wholesale auctions for other dealers. Key customer benefits include a 10-day return policy and a 90-day limited warranty, reinforcing its customer-centric sales experience.

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Insider Transactions

Date	Insider Name	Position	Type	Shares	Value
No insider transactions recorded for this company.

Peer Companies

Company	Country	Ticker
AMERICAS CARMART INC Used car retailer offering 'buy here, pay here' in-house financing for credit-challenged buyers.	United States of America	CRMT
ArkCore, Inc. Buys and sells used motorcycles and operates fitness and golf franchises.	Japan	3384
ATRenew Inc. A tech platform for pre-owned electronics transactions, recycling, and trade-in services.	United States of America	RERE
BIKE O & COMPANY Ltd. Specializes in buying, refurbishing, and reselling used motorcycles via multi-channel sales.	Japan	3377
BOOKOFF GROUP HOLDINGS LIMITED Operates a global network of secondhand stores for books, apparel, and luxury items.	Japan	9278
BuySell Technologies Co.,Ltd. Buys and resells pre-owned luxury goods and antiques using tech-powered home visit services.	Japan	7685
ECONOS Co., Ltd Buys and resells used products through retail stores, offering property sorting and repair services.	Japan	3136
Envela Corp A recommerce company reselling luxury goods and metals, serving consumers and corporations.	United States of America	ELA
GEO HOLDINGS CORPORATION A major retailer of secondhand goods and rental/sale of entertainment software across 2,000+ stores.	Japan	2681
HARD OFF CORPORATION Co.,Ltd. Buys and sells a wide range of pre-owned goods, from electronics to luxury items, for a circular economy.	Japan	2674