CarMax, Inc. (KMX)

mcreilly (27.33) Submitted: 1/11/07 12:42 PM : Start Price: $28.49 KMX Score: -32.13

Carmax is an amazing used car company. They make good use of technology to manage their inventory and make online searching simple. Their sales system is organized but not overbearing. They will appraise your car and offer to buy it even if you don't intend to buy a car from them. They work hard to get good financing regardless of your credit. There is no negotiating, their cars are a little more expensive than average, but you know they have inspected each car thoroughly and worked with you through the process. If you're not happy with the terms, they will simply decline to do business with you. There are no games, no pressure, etc. And apparently it pays off in their sales per square foot. As oil remains volitile and the economy shifts around, there will always be a market for buying and selling cars. I see Carmax remaining at the top.

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