Carmax was founded in the year 1993. The company has been operational for 25 years now. The founder of the company was Richard L Sharp. The origins of the company go back to the year 1991 when the concept for the company was developed under the name Project X. The former name of the company was Honest Rick’s Used Cars. As the operations of the company started, it did not charge users of any kind of fees under the starting business model. But, as the company flourished, it started seeing that customers were willing to pay up more and thus started charging transaction fees to its customers.
Founder: Richard L. Sharp
Address: 12800 Tuckahoe Creek Pkwy
Richmond, VA 23238
United States
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