Posted 21 days ago

Company overview

CarMax is the largest used-car retailer in the United States, offering a no-haggle pricing model that simplifies the car-buying process. The company generates revenue through the sale of used vehicles, financing, and extended service plans. Founded in 1993, CarMax revolutionized the industry with its customer-centric approach, transparent pricing, and rigorous vehicle inspection process. Key historical milestones include its initial public offering in 1997 and consistent expansion across the country, making it a leader in the used-car market.