CarMax Opens First Store in Ft. Wayne, Ind.

February 06, 2020

Company announces contribution to local nonprofit

RICHMOND, Virginia (February 6, 2019) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today the opening of its first store in Fort Wayne, Indiana, and third store in the state. CarMax Fort Wayne is located on North Clinton Street near Glenbrook Square and offers no-haggle pricing and a great selection of used vehicles of nearly every make and model. CarMax offers Fort Wayne customers the option of expedited pickup which gives customers the flexibility to do more of the car buying process online and spend less time in-store. Customers can also get help from CarMax associates in-person and via phone, text or email at any point in the purchase and financing process. All purchases are backed by a 7-Day Money-Back Guarantee.

In celebration of the Fort Wayne store opening, The CarMax Foundation is awarding a $5,000 grant to the Boys & Girls Clubs of Fort Wayne. This organization provides local youth with structured after school programs and services focused on academic success, living healthy lifestyles, having good character and citizenship. The donation for this organization came at the recommendation of the CarMax Fort Wayne associates.

“CarMax associates see this opportunity as the first of many to give back to the local community here in Fort Wayne,” said Joaquin Orozco, location general manager of CarMax Fort Wayne. “Our team is committed to making a positive impact on the community and we look forward to providing a location where customers can buy and sell cars with ease and confidence.”

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 that give customers the opportunity to buy a car on their terms. CarMax stands behind their vehicles with a 7-Day Money-Back Guarantee and a limited warranty that covers a vehicle’s major systems for 90 days or 4,000 miles, whichever comes first.

About CarMax

CarMax, the nation’s largest retailer of used cars, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. CarMax continues to innovate and is currently rolling out an omni-channel experience, providing customers the option to complete transactions entirely from home, in store, or in a seamless combination of both. CarMax has more than 200 stores nationwide, and during the latest fiscal year sold nearly 750,000 used cars and 450,000 wholesale vehicles at its in-store auctions. With more than 25,000 associates, CarMax is proud to have been recognized for 15 consecutive years as one of the Fortune 100 Best Companies to Work For®. For more information, visit www.carmax.com.

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Media Contact

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

Contact Information

Investor Relations Department
(804) 747-0422 x 7865
investor_relations@carmax.com

Stacy Frole
Vice President, Investor Relations

Celeste Gunter
Manager, Investor Relations

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