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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 January 2025, CarMax operates 253 locations. [3]
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Co-founded by Sharp in 1993, CarMax grew to $12.5 billion in annual sales at approximately 135 locations by 2013. [2] Sharp hired Thomas J. Folliard as one of CarMax's first employees. Folliard has served as the president and chief executive of CarMax from 2006 until 2016, when Folliard retired. [3]
William Austin Ligon (born ca. 1951) is the co-founder and retired CEO of CarMax. He retired in June 2006, and is now a private angel-stage investor. Among his recent investments are Gazelle, Redfin, Rev.com, Car Trade (India), Eneza Education and Tazza Kitchen. [1] [2] [3] [4]
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US 58 (Virginia Beach Boulevard) – Downtown Norfolk, Virginia Zoo: 8.76: 14.10: East Princess Anne Road (SR 404 west) SR 194 north (Sewell's Point Road) 12.12: 19.51: US 13 south / SR 165 north (North Military Highway) to I-64 – Airport, Botanical Garden: South end of concurrencies with US 13 and SR 165: 12.38: 19.92: SR 165 south ...