Company announces contributions to local nonprofits

RICHMOND, Virginia (February 27, 2019) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has opened a new store in Kenner, La.; the company’s first in the New Orleans area and fourth in the state. CarMax Kenner is located at 1601 32nd St. and has the capacity to stock approximately 340 used vehicles of nearly every make and model. CarMax customers can also request transfers of almost any vehicle to this store from other CarMax locations throughout the country.

In celebration of the Kenner store opening, CarMax and The CarMax Foundation are awarding $15,000 in donations and grants to the NFL-YET Boys & Girls Clubs of Southwest Louisiana. The donation for this organization came at the recommendation of the Kenner CarMax associates.

Additionally, CarMax donated a Rigamajig™ to the Bastion Community of Resilience, a non-profit organization that is building an intentionally designed neighborhood in New Orleans for returning warriors and families with lifelong rehabilitative needs. Rigamajig’s are a collection of wooden planks, wheels, pulleys, nuts, bolts and rope that allow children to follow their curiosity through play while learning 21st century skills. This donation is in partnership with KaBOOM! to make play more accessible to children and families.

“Partnering with these amazing organizations is very meaningful to our associates who are dedicated to strengthening and giving back to the communities in which we live and work,” said Sharon Merrill, location general manager of the Kenner CarMax. “We are excited to open our first store in the New Orleans area and look forward to providing customers with an exceptional car-buying experience.”

CarMax disrupted the industry more than 25 years ago by offering a high integrity car-buying experience customers want that’s transparent and stress-free. Since that time, CarMax has continued to revolutionize the experience through customer-focused technology innovations. Approximately 90% of CarMax purchasers start on CarMax.com or the CarMax mobile app. Customers can browse CarMax’s nationwide inventory of approximately 50,000 vehicles, hold a vehicle for a test drive, schedule an appraisal, and even get pre-qualified for financing before visiting the store. CarMax stands behind their vehicles with a 7-Day Money-Back Guarantee and a 30-Day Limited Warranty (60-Day in CT, MN & RI, 90-Day in MA, NY and NJ).

About CarMax
CarMax is the nation’s largest retailer of used cars and operates more than 200 stores in 41 states nationwide. CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. For more than 25 years, CarMax has made car buying more ethical, fair and stress-free by offering a no-haggle, no-hassle experience and an incredible selection of vehicles. CarMax makes selling your car easy too, by offering no-obligation appraisals good for seven days. At CarMax, we’ll buy your car even if you don’t buy ours®. CarMax has approximately 25,000 associates nationwide and for 15 consecutive years has been named as one of the FORTUNE 100 Best Companies to Work For®. During the 12 months ending February 28, 2018, the company retailed 721,512 used cars and sold 408,509 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

Media Contact
CarMax Public Relations (855) 887-2915
Lindsey Duke pr@carmax.com ● @CarMax ● facebook.com/CarMax