CARMAX INC Logo

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
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.

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