Friday, 02 April 2021 21:27

CarMax to Acquire Full Ownership of Edmunds

Written by Auto Remarketing Staff
CarMax to Acquire Full Ownership of Edmunds Ken Wolter/Shutterstock.com


...continuous innovations to the market. I am excited about the next chapter in Edmunds’ evolution.”


Since CarMax’s investment in Edmunds more than a year ago, the companies have partnered on several projects. Among those was one that provided online instant offers for consumers selling used cars.


“The instant offer products on Edmunds.com and CarMax.com have put CarMax in the position to become the largest online buyer of used autos from consumers,” Nash said.


Future collaborations between the companies are in the pipeline, CarMax said in the release.


We thank Auto Remarketing for reprint permission. 


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