CarMax, Inc. · Richmond, VA United States ·(NYSE: KMX)
Company Description
Phone: 804-747-0422
Fax: 804-217-6819
Rankings
- #311 in FORTUNE 500
- S&P 400
View CarMax, Inc. Locations On A US Map
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This link will open in a new window 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. To read the full description, subscribe now.
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Key CarMax, Inc. Financials
| Company Type | Public - NYSE: KMX Headquarters |
| Fiscal Year-End | February |
| 2009 Sales (mil.) | $6,974.0 |
| 2009 Employees | 13,035 |
CarMax, Inc. Executives
79 executives listed for CarMax, Inc.'s Richmond, VA location.
| Title | Name & Bio | Contact |
| Chairman | William Tiefel | Network |
| President, CEO, and Director | Thomas Folliard | Network |
| EVP, CFO, Corporate Secretary and Director | Keith Browning | Network |
Competition
Competitive Landscape for CarMax, Inc.
Consumer spending and interest rates drive demand. The profitability of individual companies depends on the volume and mix of cars and services sold. Large companies can offer a wider selection of cars and have advantages in marketing, purchasing, and finance. Small companies can compete effectively by offering superior customer service or serving a local market. Annual revenue per worker averages $600,000 for new car dealerships and $700,000 for used. For vehicle sales, auto dealers compete with private market sellers, who are increasingly using the Internet to bypass traditional retail channels. Companies compete with various retail outlets, such as oil change centers, tire stores, and independent service shops and chains, for service revenue. To read the full description, subscribe now.Top CarMax, Inc. Competitors
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