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CarMax

CarMax is the nation's largest used-car retailer, operating 240+ stores across 41 states with no-haggle pricing, financing, auctions, and service plans.

CarMax operates as the nation's largest retailer of used cars, with more than 240 locations across 41 U.S. states. Founded in 1993 and headquartered in Richmond, Virginia, the company is a Fortune 500 enterprise that pioneered the no-haggle pricing model, which delivers upfront, fixed prices on every vehicle to eliminate high-pressure negotiation from the buying process.

The business spans multiple channels and revenue streams. Customers can shop entirely online, visit physical stores, or use a combination of both. Every vehicle is backed by CarMax Certified quality inspections and detailed history reports. The company also operates CarMax Auto Finance for in-house lending, MaxCare extended service plans for vehicle protection, and CarMax Auctions, a dealer-only wholesale platform.

CarMax has built its operations on a foundation of transparency and trust. The company combines technology with a people-first culture to enable customers to purchase with confidence while receiving fair prices and quality vehicles. This approach extends across its retail, financing, auction, and service businesses.

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