RICHMOND, Va., Jan. 24 -- CarMax, a retailer of used cars, issued the following news release:
CarMax, Inc . (NYSE: KMX), the nation's largest retailer of used cars , today celebrated the grand opening of its first store in Maine, located at 415 Maine Mall Road in South Portland. With the opening of this store, CarMax now has a total of 186 stores across 40 states nationwide. The South Portland location has the capacity to stock approximately 200 used vehicles of nearly every make and model and CarMax customers can also request transfers of almost any vehicle to this store from other CarMax locations throughout the country.
In celebration of the South Portland store opening, CarMax and The CarMax Foundation awarded $7,500 in donations and grants to the Boys & Girls Clubs of Southern Maine's South Portland Clubhouse. Support for this organization came at the recommendation of the South Portland CarMax associates.
CarMax is also donating an Imagination Playground valued at more than $15,000 to the Bayside Learning Community, through its partnership with KaBOOM! to make play more accessible to children and families. Imagination Playgrounds are innovative, loose-parts playgrounds that engage kids in creative play that is physically challenging and collaborative.
"Our team enjoyed volunteering at the South Portland Clubhouse recently and we see these opportunities as the first of many to give back to the local community," said Michelle Hillebrandt, location general manager of the South Portland CarMax. "We're thrilled to open our first store in Maine and serve customers here with a car buying experience that's simple, honest and hassle-free."
CarMax disrupted the industry more than 20 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 nearly 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 5-Day Money-Back Guarantee and a 30-Day Limited Warranty (60-Day in CT, MN & RI, 90-Day in MA, NY and NJ).
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