Compare between CarMax and other vendors

Yes. It was launched and founded in September of 1993. CarMax now has more than 220 stores nationwide, and a typical inventory of more than 55,000 used vehicles can be viewed at carmax.com. The CarMax Foundation has donated more than $75 million to various community causes. CarMax has more than 25,000 employees and has been recognized as one of the Fortune “100 Best Companies to Work For” for 16 consecutive years. In 2021, CarMax sold more than 750,000 used vehicles.

CarMax advertises “no-haggle” pricing, and it does not offer price matching or negotiation on any car purchases, sales or trade-ins.

No, a down payment isn't required for financing at CarMax.

Repossession law varies slightly from state to state and range from 3 to 5 months after you stopped making payments on your CarMax loan. Each individual retail and installment contract - the contract you signed when you got your car and CarMax loan - states what constitutes a default.