CarMax Opens in Buffalo, N.Y.

December 06, 2018

Company announces contributions to local nonprofits

RICHMOND, Virginia (December 6, 2018) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has opened its first store in the Buffalo, New York, area; the company’s third store in the state. CarMax Buffalo is located at 1881 Niagara Falls Blvd. in Amherst and has the capacity to stock approximately 140 used vehicles of nearly every make and model. CarMax customers can also request transfers of almost any vehicle to this store from other CarMax locations throughout the country.

In celebration of the Buffalo store opening, CarMax and The CarMax Foundation are awarding $12,500 in donations and grants over the next two years to the Food Bank of Western New York. The donation for this organization came at the recommendation of CarMax associates employed at the new Buffalo store.  

Additionally, CarMax donated an Imagination Playground valued at more than $15,000 to Metro Community Development Corporation (CDC), a nonprofit agency that serves low-income youth and families at the Delavan Grider Community Center. This donation is in partnership with KaBOOM! to make play more accessible to children and families. Imagination Playgrounds are innovative, loose-parts playgrounds that engage kids in creative play that is physically challenging and collaborative.

“It’s an honor to work for a company that gives back and encourages CarMax associates to get involved in our community,” said Bryan Ababurko, location general manager of CarMax Buffalo. “We’ve been looking forward to opening our first Buffalo store and introducing customers here to the CarMax difference.”

CarMax disrupted the industry more than 25 years ago by offering a high integrity car-buying experience customers want that’s transparent and stress-free. Since that time, CarMax has continued to revolutionize the experience through customer-focused technology innovations. Approximately 90% of CarMax purchasers start on CarMax.com or the CarMax mobile app. Customers can browse CarMax’s nationwide inventory of approximately 50,000 vehicles, hold a vehicle for a test drive, schedule an appraisal, and even get pre-qualified for financing before visiting the store. CarMax stands behind their vehicles with a 7-Day Money-Back Guarantee and a 30-Day Limited Warranty (60-Day in CT, MN & RI, 90-Day in MA, NY and NJ).

About CarMax

CarMax is the nation’s largest retailer of used cars and operates nearly 200 stores in 41 states nationwide. CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. For more than 25 years, CarMax has made car buying more ethical, fair and stress-free by offering a no-haggle, no-hassle experience and an incredible selection of vehicles. CarMax makes selling your car easy too, by offering no-obligation appraisals good for seven days. At CarMax, we’ll buy your car even if you don’t buy ours®. CarMax has more than 25,000 associates nationwide and for 14 consecutive years has been named as one of the FORTUNE 100 Best Companies to Work For®. During the 12 months ending February 28, 2018, the company retailed 721,512 used cars and sold 408,509 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

 

Media Contact
CarMax Public Relations, (855) 887-2915
pr@carmax.com@CarMaxfacebook.com/CarMax

Contact Information

Katharine Kenny
Vice President, Investor Relations
(804) 935.4591
katharine_kenny@carmax.com

Celeste Gunter
Manager of Investor Relations
(804) 935.4597
celeste_gunter@carmax.com

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