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CarMax auto superstore in Raleigh, North Carolina. 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 ...
On average, a CarMax location employs 40 sales associates. Each car goes through a thorough 125-point inspection process, beyond any state-required inspections, and includes a 90-day warranty, three days to change the financing for free, and, 10-day money-back guarantee (reduced in 2024 from a 30-day money-back guarantee).
In 2010, the company launched its first mobile phone apps, 10 years after introducing its mobile website. [ 10 ] [ 11 ] In 2011, two years after launching a similar service for new vehicles, the company launched a used car inventory search tool, allowing users to compare vehicles in their market. [ 12 ]
When area codes were first assigned in 1947, all of North Carolina was assigned area code 704. In 1954, the eastern and central portions of the state—everything from Winston-Salem eastward—split off as area code 919. 704 was reduced to Charlotte and all points west.
Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. [3] The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, it was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. [3]
Geek Squad, Inc. is a subsidiary of American and Canadian multinational consumer electronics corporation Best Buy, headquartered in Richfield, Minnesota.The subsidiary was originally an independent company founded by "Chief Inspector" Robert Stephens on June 16, 1994, and offers various computer-related services and accessories for residential and commercial clients.
In 1853, the first State Fair was held near Raleigh. The first institution of higher learning in Raleigh, Peace College, was established in 1857. Raleigh's Historic Oakwood contains many houses from the 19th century that are still in good condition. [27] North Carolina seceded from the Union during the American Civil War on May 20, 1861.