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CARMAX OPENS NEW STORE IN DOTHAN, ALABAMA

Matt Boster

Viewed: 5179

Posted by: Matt Boster
Date: Mar 26 2014 1:57 PM

RICHMOND, Va. (March 26, 2014) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, officially opened its first store in Dothan, Ala., located at 2756 Ross Clark Circle. The store is more than 4,400-square-feet, occupies approximately 3.7 acres and stocks approximately 120 used vehicles of a wide variety makes and models.

In celebration of the Dothan store opening, CarMax is donating $2,500 to the local nonprofit Wiregrass Habitat for Humanity. The charity was selected for its positive impact on the local community.

“CarMax is privileged to honor Wiregrass Habitat for Humanity for making a difference in the area of our new store,” said Stephen Smith, location general manager of the Dothan CarMax. “We take pride in being a positive part of our community, while providing a unique car buying experience at the same time.”

CarMax opened its first store in Richmond, Va., more than 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: o The price of the vehicle, which is posted clearly on the car and on carmax.com o An optional extended service plan, so consumers can choose to purchase the plan that’s right for them o Financing, with all options displayed on a computer for the consumer to review o 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 imported 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 · CarMax Quality Certified means selecting the best cars to renew and protect by: o Careful evaluation – only one in three cars we evaluate has the quality necessary to become a CarMax car o Investing time and money so you don’t have to – every CarMax used car undergoes a rigorous 125+ point inspection o Providing a 30-Day Limited Warranty and 5-Day Money-Back Guarantee Dothan, Ala. residents also can preview CarMax vehicles by logging onto www.carmax.com.


The website features actual prices and photos of thousands of CarMax vehicles available nationwide. Prospective car buyers can have a used vehicle transferred from any CarMax location to the Dothan, Ala. store (fee may apply).
About CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the FORTUNE 2014 “100 Best Companies to Work For,” is the nation’s largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 133 stores in 66 markets. The consumer offer features low, no haggle prices, a broad selection of CarMax Quality Certified used cars, and superior customer service. During the 12 months ending 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 www.carmax.com.


 



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