CarMax Inc. (KMX)

Profile

https://www.carmax.com

CarMax Inc. is a leading used vehicle retailer in the United States that offers a broad selection of pre-owned cars, trucks, and SUVs through a combination of physical stores and digital shopping tools. The company’s core business centers on buying, reconditioning, merchandising, and selling used vehicles, supported by vehicle service offerings and customer-friendly pricing. CarMax Inc. also operates CarMax Auto Finance, which provides financing solutions for retail vehicle buyers, adding an integrated lending component to its marketplace. In addition, the company participates in wholesale vehicle auctions, helping move inventory across its nationwide network. Its business model is built around a streamlined, omnichannel car-buying experience that serves individual consumers across multiple stages of ownership and financing. Founded in 1993 and headquartered in Richmond, Virginia, CarMax Inc. plays a major role in automotive retail and used-vehicle finance.