CarMax Receives Sixth Better Business Bureau Torch Award

RICHMOND, Va. (May 23, 2011) —CarMax Inc. (NYSE: KMX), the nation's largest used-car retailer, was among the local businesses recognized for their commitment to customer care, community service and consumer trust by the Metro Atlanta, Athens and Northeast Georgia Better Business Bureau.

This marks the sixth consecutive year the Metro Atlanta, Athens and Northeast Georgia Better Business Bureau has honored CarMax. The Greater Atlanta Region is home to five CarMax auto superstores, a car buying center and the finance division for all CarMax stores nationwide, CarMax Auto Finance.

"Winning the BBB Torch Award reminds us why CarMax is different," says Atlanta Region Vice President Kevin Cox. "It symbolizes everything we stand for: honesty, integrity, community and customer service."

CarMax offers consumers a no-hassle, no-haggle car-buying experience with a broad selection of high-quality used vehicles. Torch Award winners are chosen for their commitment to honest, straightforward business practices and ethical relationships with customers, vendors, employees, shareholders and the community.

About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the FORTUNE2011 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 105 used car superstores in 51 markets. The CarMax consumer offer is structured around four customer benefits: low, no-haggle prices; a broad selection; high quality vehicles; and customer-friendly service. During the twelve months ended February 28, 2011, the company retailed 396,181 used cars and sold 263,061 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at http://www.carmax.com/.

Media Contacts
Elia C. Imler, Public Relations, (804) 747-0422, ext. 4029
Britt D. Farrar, Manager, Public Relations, (804) 747-0422, ext. 3473
Twitter: @CarMax