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CarMax Introduces Free Online Vehicle History

Experian's AutoCheck(R) Vehicle History Report Now Available on All CarMax Vehicles

RICHMOND, Va., and SCHAUMBURG, Ill., April 24 -- CarMax, Inc. , the nation's largest retailer of used cars, and Experian Automotive, a division of global business solutions company Experian(R), announced today that consumers can now access Experian's AutoCheck vehicle histories on all CarMax used vehicles. Expanding the successful relationship between the two companies, the agreement allows customers browsing carmax.com, or shopping at any CarMax superstore, to instantly review an online AutoCheck vehicle history report at no cost. AutoCheck is a leading information source on the vehicle history of used automobiles.

"We take pride in providing our customers high quality vehicles," said Austin Ligon, president and chief executive officer of CarMax. "Providing free information from AutoCheck's vehicle history reports is another way we are able to assure customers of the quality of CarMax vehicles."

Prior to retailing any used vehicle, CarMax has always reviewed vehicle history reports as part of its Certified Quality Inspection program. By making the AutoCheck vehicle history reports instantly accessible online, customers shopping on carmax.com can review the latest AutoCheck report available. Customers can quickly and easily confirm that the vehicle has not been previously reported as a lemon or having major flood damage, frame damage, or odometer rollback issues, along with other key information.

"Consumers need peace of mind when purchasing a used vehicle, and they deserve the most up-to-date vehicle history information available," said Scott Waldron, president of Experian Automotive. "AutoCheck's vehicle history reports bring an additional dimension of worry-free ownership, and we are pleased to partner with CarMax to help their customers make educated and safe decisions when purchasing a used vehicle."

AutoCheck enables car buyers to quickly access the history of any used vehicle. By leveraging Experian's National Vehicle Database of over half a billion vehicles, AutoCheck reveals possible undisclosed or unknown problems, such as salvage and flood damage history that can affect an automobile's safety and resale value. For more information on AutoCheck, please visit http://www.autocheck.com/.

CarMax will not sell any vehicle that has frame or flood damage, title issues, or an odometer discrepancy. Prior to the launch of this online initiative, copies of vehicle history reports were available only upon customer request at the store. To access the free information from AutoCheck's vehicle history report on any CarMax used vehicle, follow these easy steps:

  1)  Visit http://www.carmax.com/.
  2)  Select any vehicle from the more than 20,000 available vehicles.
  3)  Under Guarantee Information, click "Get a Vehicle History Report by
      AutoCheck."
  4)  A printable title report will appear on your computer screen.

  About Experian Automotive

Experian Automotive delivers information solutions to manufacturers, dealers, finance and insurance companies, and consumers. Experian helps automotive clients increase customer loyalty, target and win new business, and make better lending and vehicle purchase decisions. Its National Vehicle Database, housing over half a billion vehicles, along with Experian's credit, consumer, and business information assets, meets the industry's growing demand for an integrated information source. Experian's advanced decision support services help clients turn this information into improved business results. Experian technology supports several top automotive web sites including eBay Motors, Yahoo! Autos, CarsDirect.com, and NADAguides.com. For more information on Experian Automotive and its suite of solutions, visit our web site at http://www.experianautomotive.com/.

About CarMax

CarMax, a FORTUNE 500 company and one of the FORTUNE 2006 "100 Best Companies to Work For," is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 68 used car superstores in 32 markets. CarMax also operates seven new car franchises, all of which are integrated or co-located with its used car superstores. During the twelve month period ended February 28, 2006, the company sold 289,888 used cars, which is 93 percent of the total 310,789 vehicles the company retailed during that period. For more information, access the CarMax website at http://www.carmax.com/.