Where was the first CarMax store?
Where was the first CarMax store?
Richmond, Virginia
The corporate entity behind the formation of CarMax was Circuit City Stores, Inc. The first CarMax retail location opened in September 1993 in Richmond, Virginia.
Does CarMax have old cars?
Every car we sell is CarMax Certified, which means no flood or frame damage, and no salvage history. In addition, it means a car has passed our 125+ point inspection and undergone a detailed reconditioning process.
What states have CarMax?
Indiana.
Is CarMax in every state?
CarMax is the nation’s largest retailer of used cars and operates more than 185 stores in 40 states nationwide.
How old is CarMax?
About 28 years (September 1993)
CarMax/Age
When was CarMax founded?
September 1993
CarMax/Founded
The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CAF segment provides vehicle financing to customers buying retail vehicles. The company was founded by Richard L. Sharp and William Austin Ligon in September 1993 and is headquartered in Richmond, VA.
Does CarMax buy cars that have been in an accident?
Does CarMax Buy Cars With Problems? Yes — CarMax does buy damaged cars. In order to sell a vehicle to CarMax for cash, you typically have to bring the car in to get it appraised.
When did CarMax go public?
1997: A portion of CarMax is sold to the public. 1999: CarMax records its first annual profit.
Can I switch cars at CarMax?
There are more than 100 CarMax stores are in the United States and vehicles can be transferred between locations. If you’ve recently purchased a car from the company but decided that you don’t like it or that the vehicle doesn’t fit your current needs, the option of returning the car could be available to you.
Does CarMax test drive your trade-in?
If you decide to sell, CarMax will cut a check right there. Just know that the appraiser may need to take your car for an actual test drive to confirm its condition before you get the check. In that case, you’ll be able to use the appraised value of your trade-in toward the car you want to buy.
Will CarMax buy my car if it’s not running?
If you have a car that won’t turn on or drive, you can sell it to CarMax. CarMax makes offers on a variety of vehicles, including damaged cars. Typically, CarMax will resell cars it purchases on its lots. In order to make a profit, they might offer you value lower than your vehicle is worth.
How many CarMax stores are there in Massachusetts?
CarMax has 4 stores in Massachusetts. CarMax offers low, no-haggle prices and a great selection of vehicles.
What is the history of CarMax?
Company History: CarMax, Inc. operates a chain of used car lots and new car franchises. CarMax’s used car lots are patterned after the mass-merchandising business model of its former parent company, Circuit City Stores, Inc., operating as “superstores.” The company’s stores typically contain roughly 500 used cars no more than six model years old.
Is CarMax owned by Circuit City?
2002: CarMax is spun off from Circuit City Stores. CarMax, Inc. operates a chain of used car lots and new car franchises. CarMax’s used car lots are patterned after the mass-merchandising business model of its former parent company, Circuit City Stores, Inc., operating as “superstores.”
What is CarMax’s No-Hassle buying and selling policy?
No-hassle buying and selling, plus a 30-day money back guarantee (up to 1500 miles). Looking for more to do? You can shop cars in Boston *CarMax delivery is available within a 60-mile radius of select stores. Not available to customers in all states. Please contact your nearest store for details.
