CarMax is the largest used-car retailer in the United States, known for its no-haggle pricing and extensive inventory of certified pre-owned vehicles. Founded in 1993, CarMax revolutionized the used car buying experience by offering a transparent, customer-friendly approach. Beyond vehicle sales, the company also provides financing options, vehicle protection plans, and car appraisal services. CarMax operates numerous retail locations across the country and a significant online presence, allowing customers to buy and sell cars both in-person and digitally.
Serves as the central hub for CarMax's nationwide operations, including corporate strategy, finance, marketing, human resources, legal, and information technology development and support.
The campus is often described as modern and spacious, designed to foster collaboration. It includes amenities typical of large corporate headquarters, such as a cafeteria, fitness center, and open workspaces, situated in a suburban corporate park setting.
CarMax is frequently recognized for its positive and inclusive work culture, emphasizing teamwork, integrity, and employee development. The HQ environment aims to be collaborative and innovative, supporting the company's customer-centric mission.
The Richmond HQ is critical for coordinating CarMax's extensive network of over 240 stores, managing its online sales platform, and driving strategic initiatives that have shaped the used car industry.
While CarMax's retail operations are primarily concentrated within the United States, its 'global presence' is mainly characterized by its digital reach, allowing international users to browse inventory (though purchases typically require US presence or specific arrangements for export where applicable). The company also engages with global supply chains for automotive parts and technology. Its primary operational and sales focus remains firmly on the U.S. market.
12800 Tuckahoe Creek Parkway
Richmond
Virginia
USA
Address: 5501 Headquarters Drive, Plano, TX 75024
To tap into the rich tech talent pool in the Dallas-Fort Worth metroplex and drive digital transformation initiatives critical for CarMax's growth and competitiveness in the automotive retail market. CarMax also operates several Customer Experience Centers (CECs) in locations like Kennesaw, GA; Raleigh, NC; and Phoenix, AZ.
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As of April 2025, CarMax' leadership includes:
CarMax has been backed by several prominent investors over the years, including:
In the past year (mid-2023 to mid-2024), CarMax has seen key internal promotions to its executive leadership team, notably filling roles related to operations and human resources, following a planned retirement. The company focuses on stable leadership to drive its strategic initiatives.
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CarMax primarily utilizes a common corporate email format. The most frequently observed structure is the employee's first initial followed by their last name, all before the '@carmax.com' domain. Variations might exist for common names or specific departments, but this is the standard.
[first_initial][last_name]@carmax.com
Format
jdoe@carmax.com
Example
75%
Success rate
PR Newswire • April 11, 2024
CarMax announced its financial performance for Q4 and the full fiscal year 2024, detailing retail and wholesale unit sales, revenue, and gross profit. The report also covered progress on strategic initiatives, including its omni-channel platform and market share trends....more
Automotive News • April 11, 2024
Despite another quarter of declining retail sales, CarMax executives expressed optimism for a market improvement in the spring, citing factors like vehicle affordability improvements and investments in their customer experience and omni-channel capabilities....more
CarMax Newsroom • November 16, 2023
CarMax collaborated with Keurig Dr Pepper (KDP) as part of 'The Big Give' initiative, donating a minivan to The Literacy Lab, a Richmond-based nonprofit, to support their community outreach and educational programs. This highlights CarMax's community involvement efforts....more
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