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Car giant Carmax considering Albany store

Courtesy of Carmax

Courtesy of Carmax

ALBANY, Ga. CarMax, the nation’s largest retailer of used cars, is eying an Albany location, officials with the company confirmed Thursday.

Britt Farrar, a spokesperson for CarMax, said that negotiations were ongoing for 8 acres of land on the Dougherty County side of Ledo Road adjacent to Byne Memorial Baptist Church.

“We’ve been growing, opening about 10 to 15 stores each year, and we’re very interested in getting into the Albany market,” Farrar said. “I can confirm that we’re involved in discussions for an Albany location.”

Farrar said that the start of negotiations until the doors open can take upwards of three years.

Justin Strickland, vice president of the Albany-Dougherty Economic Development Commission, said Thursday afternoon that it is EDC policy not to speak on real estate transactions or negotiations, but that the EDC is working on several new retail possibilities for Albany and Dougherty County.

“We would rather not speak to any real estate transactions, but I can say that we’ve been working with a couple of really exciting retail ventures that would bring a lot to Albany and Dougherty County,” Strickland said. “We hope to see those come to fruition at some point in 2013.”

CarMax is a Fortune 500 company and the largest retailer of used cars in the U.S. The company currently operates 116 used-car superstores in 58 markets.

“The unique CarMax consumer offer provides our customers the opportunity to shop for vehicles the way they shop for items at other national retailers, and it is structured around four customer benefits: low, no-haggle prices; a broad selection; high-quality vehicles; and a customer-friendly sales process. During the fiscal year ended Feb. 29, 2012, the company retailed 408,080 used vehicles and sold 316,649 wholesale vehicles at its in-store auctions, a statement on the company’s website reads.

Comments

Sister_Ruby 1 year, 3 months ago

What ever happen to the Bill Chambers Motors guy who owed zillions in taxes?

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RedEric 1 year, 3 months ago

The IRS will spend Mondays of hours and a large box of paperwork to come after you for $5,000 to $10,000, but if you owe zillions there is room for negotiation like a new Lexus for life.

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billybob 1 year, 3 months ago

He didn't owe income tax, he owed sales tax. His problem was with the GA Dept of Revenue, not the IRS. He collected sales tax and did not forward it to the state.

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Sister_Ruby 1 year, 3 months ago

Status? Never heard another mumbling word about it in this newspaper.

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VSU 1 year, 3 months ago

This could be good news for Albany. At least they are considering Albany.

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Bubbavet_rureel 1 year, 3 months ago

Let's hope they dont read the negative __st comments!

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VSU 1 year, 3 months ago

Negative actions results into negative comments. You want to see positive comments, then Albany needs to do positive things. There is nothing positive about a corrupted school system and corrupted city government.

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dickyboy 1 year, 3 months ago

Albany ought to kiss their asses for considering their side of Ledo....

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Cartman 1 year, 3 months ago

Good news! I hope they come. That would be great!

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agirl_25 1 year, 3 months ago

Do you really think once they get a good look at Albany and DoCo they will come here? I mean seriously, once they see how the city and county are run, do you think they will really take a chance? On the other hand, is poor management in their favor?

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AuntieDee 1 year, 3 months ago

I hope they don't read the comments at Albanyherald.com. That's enough to scare anyone away from Albany.

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VSU 1 year, 3 months ago

Especially when you comment.

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erock 1 year, 3 months ago

Uh oh, I smell a disappointment that will somehow be blamed on Lee County

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B4it 1 year, 3 months ago

What many fail to understand are the long term needs for businesses in Albany. It is good to have new businesses either move or open in this area. However, what is needed are businesses that generate products for consumption by consumers throughout the region or throughout the other states (like what we had with Merck, Cooper Tire, and what we still have with Miller, and P&G). These companies provide higher paying jobs and disposable income for buying the cars that CarMax may provide. Without the other product producing industries, CarMax would be just another competitor to take away business from the smaller Used Car dealers, similar to opening new restuarants that take away business from other eateries that eventually close down.

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agirl_25 1 year, 3 months ago

Time will tell I guess, huh? Time is what we have.

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B4it 1 year, 3 months ago

Time is about it. We also need improved and stronger management that can teach their workers about how to deliver friendly, curteous and prompt customer service. Some businesses fail miserably at providing good customer service. I am taking the stance to complain as high as I need to go up the corporate ladder to let them know how sorry some of their employees are treating customers around here.

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billybob 1 year, 3 months ago

Interesting that Byne would be selling them the property as Darryl Finnicum is a member there and CarMax would be a bigtime competitor for him.

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agirl_25 1 year, 3 months ago

Yes, but the spokesperson for CarMax did say that it could take upwards of 3 years from the time talks started till the doors opened, so we shall see. A lot can happen in 3 years.

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billybob 1 year, 3 months ago

The deal is already done. Mark it down. This thing has been going on behind the scenes for quite a while. The only reason you're hearing about it in the paper is because it is a done deal.

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agirl_25 1 year, 3 months ago

Never paid attention to what CarMax was .....thought it was another Title Max type thing......got up when the ads came on TV and got a snack...finally looked at an ad today on TV.....looks like they have a big box type sales approach....are they the Sam's and Walmart type in used car sales?

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Sister_Ruby 1 year, 3 months ago

All I hope for is that CarMax will come in here and run all these fly-by-night ripoff outfits out of business. If I could work magic, every title pawn, buy-here-pay-here crook in Dougherty County would disapear with a poof immediately (and take the owner/operators with them.) Predatory lenders who prey on the those in our community who can least afford it and who are exempt from most financial regulations affecting banks and legitimate lenders.

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FryarTuk 1 year, 3 months ago

The used car cartel in ABY is based on buy here and pay here at 48% plus lose your down payment. CarMax will not be here through one combined pecan and watermelon season. Their cars are a bit more expensive than honest John specials famous here after tax season and payments each semester for tuition loans and Pell Grants.

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