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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 January 2025, CarMax operates 253 locations. [3]
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Anaheim, Huntington Beach, Santa Ana, Orange, Westminster, Garden Grove, etc.; northern and western Orange County: Split from 213 in 1951 and split numerous times since then; overlaid by 657 on September 23, 2008 738: overlay with 213 and 323: started service on November 1, 2024. 747: The San Fernando Valley of Los Angeles County: Burbank, Van ...
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DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending.
Can Carmax thrive amid fierce competition and rising rates in today's volatile car market?
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