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CarMax Company Name Corporate Headquarters Address, CEO Email Address, and Corporate Office Info
CarMax is a used car retailer with headquarters in the United States. CarMax Sales Operations and CarMax Auto Finance are its two business segments. Circuit City Stores, Inc. was the company behind the creation of CarMax. In September 1993, the first CarMax retail site debuted in Richmond, Virginia. CarMax has 225 stores as of May 2021. CarMax locations specialise in selling used cars, but in 1996, the business signed its first new car franchise with Chrysler Corporation. It also introduced additional Mitsubishi Motors, Toyota, and Nissan automotive franchises by 1999. As of early 2021, the sole remaining CarMax new vehicle dealership is a Toyota store in Kenosha, Wisconsin. The headquarters of CarMax are in Richmond, Virginia. Kennesaw, Georgia is where CarMax Auto Finance is based. CarMax has retail stores and customer service contact centres in 41 states (called Customer Experience Centers).
Circuit City officials, led by then-CEO Richard L. Sharp, conceived the CarMax concept. It was created under the code name “Project X” for nearly a year in 1991, and was also known to those close to the skunk works team as “Honest Rick’s Used Cars.” Ronald L. Moore of Richmond, Virginia, a consultant engaged by Circuit City to investigate prospective business options beyond the limits of their consumer electronics shops, was the one who first offered the idea. DeVito/Verdi was hired as the advertising agency and creative resource before the first store was created. In support of the debut of the initial wave of stores, the firm ran the campaign and subsequent TV advertising across a number of years. The business model started with no costs, but it was later abandoned in favour of the current approach after it was discovered that buyers were unconcerned about paying transaction fees when purchasing a vehicle. A typical CarMax store is about 59,000 square feet (5,500 m2), has 300–400 vehicles in stock, and rotates its inventory eight to ten times each year. A CarMax shop typically employs 40 salespeople. Each car undergoes a 125-point examination process in addition to any state-mandated inspections, and comes with a 90-day warranty, three days of free financing changes, and a 30-day money back guarantee.
In February 1997, when CarMax had seven locations, Circuit City issued the first CarMax stock. Initially, the stock was a tracking stock that was still under the Circuit City umbrella. CarMax was spun off from Circuit City on October 1, 2002, as a stock dividend for Circuit City stockholders, with shares also granted to those who held CarMax tracking stock. In Fiscal Year 2021, CarMax sold over 750,000 vehicles to consumers. According to CarMax’s fiscal year 2018 report, which was released on April 24, 2018, the firm opened 15 used vehicle superstores in Fiscal Year 2018 and plans to open another 15 in Fiscal Year 2019. CarMax is the largest used-car retailer in the United States, but it is not without competition. More online-only enterprises have attempted to nibble away at our market share in the used vehicle market as a result of a significant shift in client buying habits. To tackle this, CarMax launched its Omni-channel platform, which allows customers to purchase a car online, in-store, or in any combination of the two. Customers can also choose from options such as vehicle delivery to their home, contactless curbside pickup, and more. These services compete directly with other home delivery-based services like Carvana, Vroom, Beepi (which is no longer operational), and others.
Corporate Headquarters Address and Phone Number
The company is based in City, Country. Do you have anything to share with the corporate headquarters? If yes, please take a note of the headquarters address of name Inc. below:
CarMax Corporate Headquarters Address
12800 Tuckahoe Creek Pkwy
Richmond, VA 23238
How do I contact CarMax CEO?
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Customer Support Email and Inquiry Form
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Please share your opinions and views with the customer support team at the official website of the company if you have any general concerns or concerns. Please keep this URL and use it to express your thoughts on the previous experience. It’s one of the most effective ways to contact the company’s customer service center.
CarMax Contact Details
CarMax Headquarters Contact Details: NA
CarMax Headquarters Address: Richmond, Virginia, U.S.
CarMax Headquarters Phone Number: NA
CarMax Headquarters Whatsapp Number: NA
CarMax Headquarters Office Email ID: NA
CarMax Social Profiles
CarMax Headquarters Facebook Fan Page: https://www.facebook.com/CarMax/
CarMax Headquarters Twitter Handle: https://twitter.com/CarMax?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
CarMax Headquarters Instagram Profile: https://www.instagram.com/carmax/?hl=en
CarMax Headquarters Snapchat Profile: NA
CarMax Headquarters YouTube Channel: https://www.youtube.com/channel/UC-kNP_fPjvyQqC25VcHhDMQ