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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]
Service King was founded by Eddie Lenox in 1976. Its first location was in Dallas. [2] In 2009, the then-independently owned Service King bought the three-location D&D Collision chain in the Houston area. [3] In 2012, The Carlyle Group purchased a majority stake in Service King. [4] Around that time, it expanded into Arizona. [5]
Pharr is a suburb of McAllen, Texas in Hidalgo County, Texas, United States. As of the 2020 census, the city population was 79,715, [6] and in 2022, the estimated population was 80,187. [7] Pharr is connected by bridge to the Mexican city of Reynosa, Tamaulipas. Pharr is part of the McAllen–Edinburg–Mission and Reynosa–McAllen ...
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 2000 the company introduced True Market Value, a service that analyzed a variety of factors to offer a suggested transaction price for vehicles. [7] That same year, the company introduced simple websites for web-ready mobile phones and PDAs. [8] In 2005, Edmunds.com launched Inside Line, a free online magazine for automotive enthusiasts. [5]
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.
The Texas Triangle is a region of Texas that contains the state's five largest cities and is home to the majority of the state's population. The Texas Triangle is formed by the state's four main urban centers, Austin, Dallas-Fort Worth, Houston, and San Antonio, connected by Interstate 45, Interstate 10, and Interstate 35.
McAllen is a city in the U.S. state of Texas and the most populous city in Hidalgo County. It is located at the southern tip of the state in the Rio Grande Valley, on the Mexico–United States border. The city limits extend south to the Rio Grande, across from the Mexican city of Reynosa. McAllen is about 70 mi (110 km) west of the Gulf of Mexico.
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