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The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
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The Ford Explorer is a battery electric compact crossover SUV produced by Ford through its European operations. [3] Produced in the Cologne Body & Assembly in Germany and marketed mainly in Europe, the vehicle is based on the Volkswagen Group MEB platform , and uses Volkswagen supplied batteries.
The Ford Ranger (T6) is a range of mid-size pickup trucks manufactured and sold by Ford Motor Company since 2011. The T6 consolidated worldwide production of the Ranger onto a single model range, replacing both the 1998–2012 Ranger marketed in North America and South America and the Mazda-derived Ranger sold in Asia-Pacific, Europe, and several Latin American markets.