Download to read offline
Uploaded byfinance30
587 views
CarMax_05AR_100dpi
CarMax is the largest retailer of used vehicles in the United States. As of February 2005, CarMax operated 58 used car superstores across 27 markets. In fiscal year 2005, CarMax retailed 253,168 used vehicles, representing 92% of total vehicles retailed. The annual report discusses CarMax's competitive advantages including their large size in the fragmented used car market, skilled employees, unique low-price business model, and strong financial results.
