The (also referred to as the Appraisal Center) is the engine of the company's "Buy from Consumer" strategy, which fuels its retail inventory and wholesale auction business. Strategic Overview
: CarMax aims to exceed a 5% market share of the 0-10 year-old used vehicle market by 2026-2030. The Appraisal & Buying Process
CarMax operates as the nation's largest used car retailer, utilizing its Buying Centers to acquire approximately directly from consumers.
: Customers can initiate appraisals online to receive an instant offer or visit a physical store for a 30- to 45-minute in-person inspection.