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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]
CarMax auto superstore in Raleigh, North Carolina. CarMax is a used car auto superstore concept developed in 1991 at Circuit City by Austin Ligon, then Circuit City's Senior VP of Planning, and Rick Sharp, then Circuit City CEO. The goal of CarMax was to revolutionize used car retailing through a combination of large selection (400+ used cars ...
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]
William Austin Ligon (born ca. 1951) is the co-founder and retired CEO of CarMax. He retired in June 2006, and is now a private angel-stage investor. Among his recent investments are Gazelle, Redfin, Rev.com, Car Trade (India), Eneza Education and Tazza Kitchen. [1] [2] [3] [4]
Unlike a pickup truck, The list includes minivans, passenger vans and cargo vans. Note: Many of the vehicles (both current and past) are related to other vehicles in the list. A vehicle listed as a 'past model' may still be in production in an updated form under a different name, it may be listed under that name in the 'currently in production ...
The Austin marque started with the Austin Motor Company, and survived a merger with the Nuffield Organization to form the British Motor Corporation, incorporation into the British Leyland Motor Corporation, nationalisation as British Leyland (BL) forming part of its volume car division Austin Morris later Austin Rover, and later privatisation as part of the Rover Group and was finally phased ...
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