CarMax, Inc., founded in September 1993 as a subsidiary of Circuit City, is a leading US-based used car retailer headquartered in Richmond, Virginia. The company offers a wide range of used vehicles, including cars, vans, electric vehicles, and light trucks. CarMax also provides rental, maintenance, post-warranty repairs, mechanical and painting work, diagnosis insurance, valuation, and security services, catering to customers across the United States.
CarMax has achieved significant milestones, including being a component of the S&P 500 and generating $18.95 billion in revenue with a net income of $2.37 billion in FY2021. The company employs over 27,000 people and is led by key executives such as President & CEO Bill Nash and CFO Enrique Mayor-Mora. CarMax's comprehensive services and extensive vehicle inventory have made it a prominent player in the used car retail industry.
