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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]
The Edmunds.com True Market Value Used Vehicle Appraiser estimates the actual transaction prices for used vehicles bought and sold by dealers and private parties. [27] In 2020, Edmunds launched a partnership with CarMax that allows a driver to receive a no-obligation cash offer for their vehicle which can be redeemed at any CarMax location. [28]
Robert Clifton "Rabbit" Pitts (July 27, 1979 – August 25, 2024) was an American businessman, television personality, and classic car enthusiast. He was best known for co-starring in the Netflix series Tex-Mex Motors, and his storytelling on the YouTube channel VINwiki.
In 1997, Autotrader.com was founded revolutionizing the way people buy and sell used cars. In 2014, Cox Enterprises brought its automotive-related businesses (which by then included vAuto and NextGear Capital) together under the Cox Automotive name. [17]
Omaha's most prominent businessman is Warren Buffett, nicknamed the "Oracle of Omaha", who was ranked by Forbes magazine as the fourth richest man in the world (in 2013). [1] He lives in a relatively modest home in the Dundee neighborhood west of downtown Omaha.
Lithia Motors began in 1946 when Walt DeBoer opened a single car dealership in Ashland, Oregon.In the first year, the five-person company sold 14 cars. [16] In 1968, Walt's son, Sidney DeBoer, took over the business and incorporated Lithia Motors Inc. Sidney reorganized the business and in 1970 purchased a Dodge dealership in Medford.
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