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
IDOM Inc. A leading Japanese used car retailer offering sales, maintenance, and financial services.	Japan	7599
KAITORIOKOKU Co.,Ltd Japanese reuse shops buying and selling used clothing, hobby items, brand goods, and pro tools.	Japan	3181
Komehyo Holdings Co.,Ltd. A major Japanese reuse business for pre-owned jewelry, watches, brand bags, and clothing.	Japan	2780
MANDARAKE INC. A global retailer buying and selling second-hand anime, manga, and Japanese pop culture collectibles.	Japan	2652
MusicMagpie PLC A circular economy platform for buying, selling, and renting refurbished tech and used media.	United Kingdom	MMAG
Musti Group Oyj A Nordic pet care specialist offering food, supplies, and services online and in stores.	Finland	MUSTI
NEXTAGE Co., Ltd. Japanese retailer of quality-assured used cars with one-stop sales, maintenance, and insurance.	Japan	3186
RenetJapanGroup,Inc. A social impact firm in online reuse, recycling, disability support, and global HR services.	Japan	3556
RideNow Group, Inc. The largest US powersports retailer selling new/used vehicles, parts, and offering service/financing.	United States of America	RDNW
Savers Value Village, Inc. A thrift operator partnering with non-profits to sell secondhand goods and champion reuse.	United States of America	SVV