KMX - CarMax - Stock Price & Dividends

CarMax, Inc. is a leading retailer of used vehicles in the United States, offering a wide range of makes and models to customers across the country. Through its subsidiaries, the company operates two main business segments: CarMax Sales Operations and CarMax Auto Finance.

The CarMax Sales Operations segment is responsible for selling used vehicles, including domestic, imported, and luxury models, as well as hybrid and electric vehicles. In addition to vehicle sales, this segment also provides used vehicle auctions, extended protection plans, and reconditioning and vehicle repair services to customers. This comprehensive approach allows customers to find the right vehicle, protect their investment, and maintain their vehicle's condition over time.

The CarMax Auto Finance segment, on the other hand, provides financing alternatives for retail customers across a range of credit spectrums. By partnering with various financial institutions, CarMax is able to offer customers a variety of financing options, making it easier for them to purchase a vehicle that meets their needs and budget.

Founded in 1993 and headquartered in Richmond, Virginia, CarMax has established itself as a trusted and convenient destination for used vehicle buyers. With a strong online presence, including its website at https://www.carmax.com, the company has made it easy for customers to browse inventory, research vehicles, and even complete purchases entirely online.

By offering a unique blend of transparency, convenience, and customer service, CarMax has disrupted the traditional used car buying experience and established itself as a leader in the industry. With a commitment to providing high-quality vehicles, flexible financing options, and a hassle-free buying experience, CarMax has become a go-to destination for used vehicle buyers across the United States.