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CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of October 2022, CarMax operates 238 locations. [3]
In 2011, two years after launching a similar service for new vehicles, the company launched a used car inventory search tool, allowing users to compare vehicles in their market. [12] Edmunds.com launched its first ever TV advertising campaign in select markets in 2012, before expanding nationally in 2013. [ 13 ]
The museum was located in Oxnard, California, designed by architect Vincent Dyer and home to Otis Chandler's extensive collection of vintage and rare automobiles, motorcycles, and trains as well as fine art and wildlife game. After its founder died, the collection was auctioned off in late 2006.
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Most car dealerships display their inventory in a showroom and on a car lot. Under U.S. federal law, all new cars must carry a sticker showing the offering price and summarizing the vehicle's features. [4] Salespersons, predominantly those who only work on commission, negotiate with buyers to determine a final sales price. In many cases, this ...
This page was last edited on 16 February 2024, at 22:49 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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