CarMax Opens in McKinney, Texas

April 26, 2018

Company announces contributions to local nonprofit

RICHMOND, Virginia (April 26, 2018) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today celebrated the opening of the company’s 6th store location in the Dallas area, located at 1441 N. Central Expressway in McKinney. The McKinney store has the capacity to stock approximately 290 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 McKinney store opening, CarMax and The CarMax Foundation awarded $10,000 in donations and grants to the Boys & Girls Clubs of Collin County. The donations for this organization came at the recommendation of the McKinney CarMax associates.

“We have a lot of admiration for the Boys & Girls Clubs of America and take pride in giving back to our local chapter here in Collin County,” said Zach Leonard, location general manager of the McKinney CarMax. “We are excited to continue to grow in the Dallas area and provide the simple and transparent car-buying experience Dallas customers know they can expect at CarMax.”

CarMax disrupted the industry nearly 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 nearly 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 5-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 190 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 nearly 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 nearly 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, 2017, the company retailed 671,294 used cars and sold 391,686 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

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Media Contact

Lindsey Duke, 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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