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CarMax Named One of TIME's America's Most Iconic Companies

KMX
  • CarMax, Inc. (NYSE: KMX) was named one of America's Most Iconic Companies by TIME Magazine in partnership with Statista Inc. to honor the 250th anniversary of the United States.
  • The recognition includes CarMax among other automotive brands such as Ford Motor Company, General Motors, & Tesla.
  • The selection was based on an independent survey of over 10,000 U.S. residents conducted in summer 2025.
  • Evaluation criteria included brand recognition, cultural influence, emotional connection, resilience, & "Americanness."
  • CarMax was founded over 30 years ago as the original disruptor that introduced the "no-haggle" pricing model.
  • The company operates 255 stores nationwide with more than 28,000 associates.
  • CarMax has been recognized as one of the Fortune 100 Best Companies to Work For® for 21 consecutive years.
  • Customers can shop over 45,000 vehicles with upfront pricing via online, in-store, or hybrid channels.
  • The company offers home delivery within a 60-mile radius of select stores & shipping to local stores.
  • CarMax provides a 10-day Money Back Guarantee & a 30-day limited warranty with no mileage limitation or deductible.
  • The company buys vehicles from sellers even if they do not purchase a car from CarMax.
  • Sellers can receive an online offer in two minutes or less, valid for seven days.
  • Sarah Lane, SVP & Chief Marketing Officer, stated the recognition reflects the trust built with customers over three decades.