CarMax Opens First Stores in Puget Sound Area

Company contributes $120,000 to benefit area children

. (NYSE: KMX), the nation’s largest retailer of used
, today celebrated the grand opening of the company’s new stores
in Lynnwood and Puyallup, as its first locations in the Puget Sound
region. These new stores bring more than 200 new jobs to the area, and
will provide customers with a selection of between 200 and 400 vehicle
options of nearly every make and model at each location.

“For more than 20 years, CarMax has brought integrity to the used car
industry by offering no-haggle pricing and a transparent car buying
experience that customers want and deserve,” said Bill Nash, president
and CEO of CarMax. “Our company is committed to making every step of the
car buying process stress-free for our customers, and we look forward to
serving the Puget Sound region with the great customer experience CarMax
is known for.”

During today’s grand opening celebration, CarMax announced that The
CarMax Foundation will invest approximately $95,000 to build a
playground in the Puget Sound area. The playground is expected to be
built next year through a partnership with KaBOOM!,
a national nonprofit ensuring that all kids get the balance of play they
need to become healthy and successful adults.

“CarMax associates are passionate about supporting the communities where
we live and work,” said Chasidy Murphy, location general manager of the
CarMax in Puyallup. “CarMax is committed to making a positive impact on
society and we take pride in giving back and volunteering in our local

CarMax also announced that The CarMax Foundation will be providing
$25,000 in grants and donations to local organizations, including Junior
Achievement of Washington and Communities in Schools of Puyallup. CarMax
associates in Lynnwood and Puyallup nominated these organizations to
receive the contributions and have enjoyed participating in volunteer
events with both groups. The CarMax Foundation has granted more than $35
million on behalf of associates across the country since 2003.

“We are honored to support these organizations and admire their
dedication to serving area youth,” said David Thompson, location general
manager of the CarMax in Lynnwood. “The community has been very
welcoming of CarMax and we look forward to being a great regional
partner, while serving customers for years to come.”

The Puyallup and Lynnwood stores will be located at 202 Valley Avenue NW
and 21317 Highway 99, respectively. In addition to the vehicles in stock
at each location, customers can request transfers of almost any vehicle
from other CarMax locations nationwide. CarMax’s nationwide inventory of
nearly 50,000 vehicles can be viewed online at

About CarMax

CarMax is the nation’s largest retailer of used cars and operates more
than 170 stores in 39 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 24,000 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


Media Contact
Lindsey Duke,
CarMax Public Relations, (855) 887-2915