Company Profile
CarMax
Company Overview
We always knew there had to be a better way to buy used cars. One that would make the process easy and fun. So we created CarMax, and we've been changing the way America buys cars since we opened our first store in Richmond, Virginia in 1993.
Through hard work and dedication, we've grown from that one store in Richmond to more than 100 stores across the country. We’ve sold more than 2 million cars. We've appraised more than 5 million. And the news is buzzing with stories about CarMax, the experience we offer our customers, and the work environment we provide for our Associates.
CarMax is listed on the FORTUNE® 500 list, and we've been named one of FORTUNE's "100 Best Companies to Work For" eleven years running!
How did we do it?
Quite simply, CarMax was built on the fundamental principle of integrity, reflected in the way we serve our customers, treat each other, and deliver our products
Company History
CarMax was built on the idea that there had to be a better way to buy a used car. So we set out to change things by making the buying process as easy (and fun!) as possible.
Before anything else though, we laid the foundation upon which our car-selling venture would be built: INTEGRITY.
Integrity in the way we treat customers and each other. And integrity in the way we select, renew, and protect our cars.
Only then did we move forward with the business of changing the way America buys cars...
When we asked customers what they wanted, this is what we heard:
A hassle-free experience
Up front, low prices and no haggling
A great selection of high-quality cars
The option to sell us a car outright, without having to buy one from us
No-pressure customer service… with a smile!
And that's how we've done things, right from the start.
A tradition of success
The first CarMax store opened in 1993. Since then, we’ve grown to over 100 locations across the country, with more on the way. We're a FORTUNE® 500 company, we’ve sold more than 5 million cars, and we’ve been named one of FORTUNE® magazine's "Best Companies to Work For" ten years in a row.