CarMax announces new store opening in Maple Shade, N.J.

RICHMOND, Virginia, 2016-Oct-03 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is celebrating the grand opening of its new store in Maple Shade, located at 531 Route 38 West. The addition of the Maple Shade store marks the fourth CarMax location in the greater Philadelphia metropolitan area. The store will stock more than 300 used vehicles of nearly every make and model and has brought approximately 40 new jobs to the area.

In celebration of the Maple Shade store opening, CarMax donated $5,000 to Hopeworks ‘N Camden. Maple Shade CarMax associates selected this nonprofit for its mission to work with youth in the community and help students develop a plan for education and a brighter future.

The CarMax Foundation is also providing a $10,000 grant to the Boys & Girls Club of Camden County. Funding from the grant will help support tutoring and wellness programs for more than 900 youth in the area. Support for this organization also came at the recommendation of Maple Shade associates.

“CarMax greatly supports the communities where our associates live and work,” said Yammir Carbonell, location general manager of the Maple Shade store. “We are very excited to be growing in the Philadelphia area and bringing the simple and stress-free CarMax experience to customers in Maple Shade.”

CarMax was founded more than 20 years ago to fundamentally change the way car buying is done. CarMax customers can shop for nearly every make and model at our stores or online at carmax.com, with prices clearly listed for each of our nearly 50,000 vehicles nationwide. In addition, CarMax stands begin 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). The CarMax Foundation has granted more than $30 million on behalf of associates across the country since 2003.

CarMax is the nation’s largest retailer of used cars and operates more than 160 stores in 38 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 20 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 more than 22,000 associates nationwide and for 12 consecutive years has been named as one of the FORTUNE 100 Best Companies to Work For®. During the 12 months ending February 29, 2016, the company retailed 619,936 used cars and sold 394,437 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

Media Contacts:
CarMax Public Relations
pr@carmax.com
Twitter: @CarMax
Facebook: facebook.com/CarMax

Source: CarMax