CarMax Volunteers Will Build 30 Playgrounds for 100,000 Children Across the United States
RICHMOND, Va. (June 26, 2013) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, officially opened its first store in Katy, Texas, located at 21636 Katy Freeway. The store is more than 21,000-square-feet, occupies more than eight acres, employs more than 40 associates and stocks approximately 275 used vehicles of nearly every make and model.
In celebration of CarMax’s fifth Houston-area store, the company is hosting an online “Road Rally for Charity” contest, which launches today on the CarMax Facebook page. CarMax is donating a total of $5,000 to three local nonprofits who are competing for votes. The organizations, selected for their impact on the community, are the Boys & Girls Clubs of Greater Houston, Habitat for Humanity of Northwest Harris County and Star of Hope, focused on meeting the needs of Houston’s homeless.
“CarMax is honored to support these organizations making a difference in the area of our new store,” said Billy Thomas, Location general manager of the Katy CarMax. “We take pride in being a positive part of our community, while providing a unique car buying experience.”
Until July 10, individuals can visit the CarMax Facebook page to cast their vote for one of the charities. Each charity will receive a donation of $1,000 for participating. The charity that receives the most votes will receive an additional $2,000 donation and be announced on the CarMax Facebook page.
CarMax opened its first store in Richmond, Va. nearly 20 years ago after the company
surveyed thousands of consumers to find out what they liked and disliked about car shopping. CarMax was designed according to the survey responses, giving consumers what they asked for:
Low Prices
- No hassles, no haggling on all four parts of the car purchase:
- The price of the vehicle, which is posted clearly on the car and on carmax.com
- Extended service plan, consumers can choose to purchase the plan that’s right for them
- Financing, with all options displayed on a computer for the consumer to review
- The “trade-in,” a written offer good for seven days whether or not the customer buys a car from CarMax
Broad Selection
- Nearly every make and model (both domestic and import used vehicles)
- Used vehicles that are generally one to six years old with fewer than 60,000 miles
- More than 35,000 vehicles online at carmax.com
- Transfer most used cars to the store nearest you (fee may apply)
Commitment to Quality
- Careful evaluation – only one in three cars we evaluate has the quality necessary to become a CarMax car
- Investing time and money so you don’t have to – every CarMax used car undergoes a rigorous 125+ point inspection
- Providing a 30-Day Limited Warranty and 5-Day Money-Back Guarantee
Customer Friendly
- A kids play area
- CarMax will buy any car, whether or not the seller purchases a CarMax vehicle
Katy, Texas residents also can preview CarMax vehicles by logging onto http://www.carmax.com/. The website features actual prices and photos of thousands of CarMax vehicles available nationwide. Prospective car buyers can have a vehicle transferred from any CarMax location to the Katy, Texas store (fee may apply). CarMax has several other area stores located throughout the Greater Houston region.
About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the FORTUNE 2013 “100 Best Companies to Work For,” is the nation’s largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 122 used car superstores in 61 markets. The consumer offer features low, no haggle prices, a broad selection of CarMax Quality Certified used cars, and superior customer service. During the twelve months ended February 28, 2013, the company retailed 447,728 used cars and sold 324,779 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at http://www.carmax.com/.
Media Contacts
Bridget Szuminsky, CarMax Public Relations, (804) 747-0422 ext. 4773
Catherine Gryp, Public Relations Manager, (804) 747-0422 ext. 4029
Twitter: @CarMax, Facebook: facebook.com/CarMax