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Jan23
CarMax Only Auto-Related Company On Fortune's Top-100 Best Company List

Fortune Magazine has announced its annual list of the nation's "!00 Best Companies To Work For." Nice list of companies like Google, etc.carmax.jpg

But the list also provides insight into what's wrong with the automotive industry.

Only one industry company, CarMax, made the list — at No. 46.

Based in Richmon, Virginia, CarMax is the country's largest used-car dealer. It has a "no-haggle" policy and is often cited for its forwarding thinking. It has onsite nurses, for example, at 11 locations.

CarMax, www.carmax.com, was described by Fortune as "having a diverse staff and a friendly place to work."

The selection of CarMax, though, prompts one question: What must General Motors, Chrysler, etc., be thinking?

What do automill.com readers think of this post?

 


4 Comments/Trackbacks




In October 2007 I purchased a 2003 Ford Focus SE in great condition! I was pleased, for the most part, with the buying experience, especially the "no haggle" philosophy. While I may have paid more for the car from CarMax, their service has been excellent.

The vehicle came with a 5-day money back guarantee, during which time I discovered a few things, mostly small, which were wrong with the car. They fixed every one of the issues at no charge to me, including: reprogramming the key remote; replacing the driver's side window motor and track, which leaked in a car wash; replacing a loose air vent on the dashboard. When I told them I didn't feel that the alignment was perfect, they extended the money-back guarantee another 5 days so I could test drive the car more. I took it to my local Ford dealer and paid for their contracted AAA Auto Club vehicle inspection and the car passed with flying colors. Out of good faith, CarMax did a four-wheel alignment for no charge. I would have been out of pocket for ALL of these expenses if I had purchased through a private party.

Yes, I'm sure I paid more buying through CarMax, and I was extremely skeptical at first, but they've really won me over. I hesitate to recommend any car dealership or buyer service because each person's experience is unique to that individual, that salesperson, that individual dealership, and the vehicle purchased. I happen to have been very pleased and have sent several friends to CarMax to purchase used vehicles or to get estimates on selling their own vehicles. They've all said that CarMax low-balled them on the offer, but the experience was completely hassle-free, just like the buying experience!

David:
You've posted some astute comments about you experience with CarMax. I'd like to hear from other CarMax consumers. Please let me know about your experience(s).

Cheers, James Raia
www.automill.com

My name is Chris and I am the social media PR guy at the CarMax home office, which is in Richmond, Va, not Arlington. Google Alerts notified me of this posting mentioning us. CarMax strives for execellent customer service in all of our 88 stores. I love it when I read posts from happy customers like David! I hope everyone who reads this decides to visit a CarMax store or www.carmax.com where our entire inventory is available online!

Now that is cool that Chris stopped by from CarMax. Companies that listen well to the Web are companies that will likely succeed. Nice post, James!

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« Two Corvettes, One Duesenberg Fetch $1 Million Each At Auction | Main | General Motors Or Toyota? Who's No. 1 »

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