CarMax Inc

CarMax Inc together with its subsidiaries operates as a retailer of used vehicles in the United States The company operates through two segments CarMax Sales Operations and CarMax Auto Finance It offers customers a range of makes and models of used vehicles including domestic imported and luxury vehicles as well as hybrid and electric vehicles and extended protection plans to customers at the time of sale as well as sells vehicles that are approximately 10 years old and has more than 100000 miles through wholesale auctions The company also provides reconditioning and vehicle repair services and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions As of February 28 2022 it operated approximately 230 used car stores CarMax Inc was founded in 1993 and is based in Richmond Virginia