CarMax

Used car chain

CarMax is an American retailer of used automobiles, operating as a chain of large-lot dealerships with fixed, no-haggle pricing.

Founded in 1993, the company pioneered the superstore model for secondhand cars, offering wide selection and standardized purchasing experiences.

I found my Honda at CarMax.

The name has become shorthand for hassle-free used car buying.

dealership

showroom

Retail exhibition space

salesperson · warranty · appraisal · customer service · purchase agreement · down payment · auto loan · pre-approval · credit check · registration

used-vehicles

pre-owned

Already had an owner

warranty · reliability · model year · VIN · affordable · inspection · quality · return policy · selection · transfer

trade-in

valuation

Assessment of monetary worth

market value · equity · condition · mileage · depreciation · payoff · lien · title · ownership · wholesale

inventory

sedan

Enclosed passenger car

convertible · coupe · pickup · minivan · truck · hybrid · electric · luxury · economy · domestic

corporation

Fortune 500

Largest American companies ranking

CEO · revenue · profit · shareholders · stock · IPO · annual report · earnings · stores · expansion

Categories
Opposites
transaction model

CarMaxauction house

Firm conducting competitive sales

vehicle condition

CarMaxauthorized dealer

Seller granted official permission

Family

car, cars, maximum, max

Familiarity
Top 500,000
Profile
Mostly American · Concrete · Everyday, not technical · Rated G