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CarMax, Inc. 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, opening its first location in September 1993 in Richmond, Virginia. As of October 2022, CarMax operates 238 locations.
CarMax is a used car auto superstore concept developed in 1991 at Circuit City by Austin Ligon, then Circuit City's Senior VP of Planning, and Rick Sharp, then Circuit City CEO. The goal of CarMax was to revolutionize used car retailing through a combination of large selection (400+ used cars at each store); low, no-haggle pricing; guaranteed ...
Carma Laboratories, Inc. began in Wisconsin in the early 1930s, when Alfred Woelbing began experimenting with creating his own line of lip balm and other cosmetic products. After experimenting with his products, Woelbing created Carmex on his family's stove top. He began by selling the product from the trunk of his car.
How Much Did Buying a Car at Costco Save Me? Using the Costco Auto Program saved me at least $4,000 compared to local dealerships — and CarMax prices — for the same vehicle. The experience was ...
CarMax (KMX) operates a national chain of more than 200 used car superstores. It focuses on the upper end of the used market, vehicles less than six years old, typically with only one previous ...
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