CarMax marks the opening of its new location in Daytona with donation to two local nonprofits

RICHMOND, Virginia, 2016-Oct-29 — /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 Daytona, located at 800 N. Tomoka Farms Road. The Daytona store will stock more than 200 used vehicles of nearly every make and model and has brought approximately 40 new jobs to the area.

In celebration of the Daytona store opening, CarMax donated $5,000 to the local nonprofit, Food Brings Hope. Daytona CarMax associates selected this nonprofit for its mission to help underprivileged students reach their full potential. This donation will help support the after-school program that provides 850 local students healthy meals, academic support and opportunities to participate in athletic events.

The CarMax Foundation is also providing a $10,000 grant to the Boys & Girls Club of Volusia/Flagler Counties. Funding from the grant will help support programs that provide children a safe place to learn and excel after school, on select weekends and during the summer. Support for this organization also came at the recommendation of Daytona associates.

“We are excited to support area nonprofits that are making a difference in the community and look forward to continuing these partnerships,” said Mike Collins, location general manager of the Daytona store. “The Daytona CarMax associates are also thrilled to bring the simple and stress-free CarMax experience to area customers.”

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.

About CarMax
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:
Beth Singer
CarMax Public Relations
pr@carmax.com
Twitter: @CarMax
Facebook: facebook.com/CarMax

Source: Carmax