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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]
Revised powertrains also feature on the Series II. The base setup is the SX trim with the 2.4-L petrol using front-wheel drive; the 2.2-L diesel was optional. The CX and LX variants add all-wheel drive and offer the 3.0-L V6 as standard, with the 2.2-L diesel remaining optional. All three engines are paired with a six-speed automatic. [42]
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CarsDirect was founded in 1998 by Scott Painter, launched from the business incubator Idealab. It was the first company to sell vehicles online directly to consumers, rather than referring consumers to brick-and-mortar dealers.
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