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To the greatest extent possible, CarMax helps drivers find inexpensive autos. The US's largest specialty used-car retailer buys, reconditions, and sells cars and light trucks at about 100 retail units in about 25 US states, mainly in the Southeast and Midwest; CarMax also operates five new-car franchises (all integrated or co-located with the used-car dealers). CarMax sells cars that are generally under six years old with less than 60,000 miles. CarMax also sells used cars through its ValuMax program. ValuMax cars are older than six years or have more than 60,000 miles. The company's Web site lets customers search CarMax outlets nationwide for a particular model. Its CarMax Auto Finance unit offers financing.
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| | | Contact Information | |
Address: |
12800 Tuckahoe Creek Parkway
Richmond, VA 23238
| | Phone: | 804-747-0422 | | Fax: | 804-217-6819 |
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| Financial
Highlights | | Fiscal Year End: | February | | Revenue (2009): | 6974.00 M | | Revenue Growth (1 yr): | (-14.90%) | | Employees (2009): | 13,035 | | Employee Growth (1 yr): | (-16.60%) |
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Key People
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Chairman:
William R. Tiefel
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President, CEO, and Director:
Thomas J. (Tom) Folliard
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EVP, CFO, Corporate Secretary and Director:
Keith D. Browning
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