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Carvana Co. is an online used car retailer based in Tempe, Arizona. [2] The company was the fastest growing online used car dealer in the United States and is known for its multi-story glass tower car vending machines. [3] [4] [5] Carvana was named to the 2021 Fortune 500 list, one of the youngest companies to be added to the list.
CarMax, Inc. CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of October 2022, CarMax operates 238 locations.
CarMax is a used car auto superstore concept developed in 1991 at Circuit City by Austin Ligon, then Circuit City's Senior VP of Planning, and Rick Sharp, then Circuit City CEO. The goal of CarMax was to revolutionize used car retailing through a combination of large selection (400+ used cars at each store); low, no-haggle pricing; guaranteed ...
CARFAX Europe GmbH. Website. carfax.com. CARFAX, Inc. is an American company that provides vehicle data to individuals and businesses. Its most well-known product is the CARFAX Vehicle History Report. [1] Their other products include vehicle listings, car valuation, and buying and maintenance advice. [2]
Website. www .autonation .com. AutoNation is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States. [6] The company was founded by Wayne Huizenga in 1996, starting with twelve AutoNation locations, and now has more than 300 retail outlets. [7] [8]
CarMax (NYSE: KMX) is a giant in the used car market, but the industry remains highly fragmented market with around 18,000 dealers. That has left an opening for Carvana (NYSE: CVNA) to quickly ...