CarMax has opened a store in Murrieta, Calif., that will include a four-lane auction and serve as the West Coast reconditioning hub for the nation's largest retailer of used cars.
Photo via Flickr.
Photo via Flickr.
CarMax has opened a store in Murrieta, Calif., that will include a four-lane auction and serve as the West Coast reconditioning hub for the nation's largest retailer of used cars.
The facility will feed inventory to several of the company's Southern California stores. In addition to production and auctions services, the 35-acre property has a separate building for selling used cars to the general public. The facility can stock up to 400 vehicles at a given time.
“The CarMax Auctions business is continuing to grow and we have been holding two auctions per week at some of our CarMax locations in the Los Angeles region in order to keep up with demand,” said Carlos Raygoza, auction services location general manager of CarMax Murrieta. “The new four-lane auction facility in Murrieta will greatly support our continued growth, as we look forward to serving as many as 500 local dealers attending the auction on a weekly basis.”
The Murrieta location is one of two new stores that opened this month in the Los Angeles area. CarMax also opened a store in Palmdale. The facility is located at 25560 Madison Ave. The two stores have brought 300 jobs to the Los Angeles region.
CarMax also announced it would donate $40,000 to local community organizations.
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
Read More →
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
Read More →
Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.
Read More →
The enhanced technology allows rental car operations, dealerships, and auctions to compare a vehicle’s condition at pickup and drop-off within the same rental or loaner record.
Read More →
A panel at the 2026 Conference of Automotive Remarketing will examine how resale value is created across the vehicle lifecycle and which traditional remarketing practices still deliver ROI.
Read More →
Smart operational and spec'ing decisions can dramatically improve both the total cost of ownership during use and the resale value when it's time to remarket day cabs.
Read More →
Smart remarketing begins before vehicles enter the fleet, and is built on strong data and stronger FMC partnerships.
Read More →
Winter snowstorms and frosty freeze-overs could not slow down the hot vehicle auction action nationwide in January.
Read More →
How can vehicle-sourced performance data change the way fleets assess condition, time de-fleets, and set remarketing expectations? A seminar at the 2026 Conference of Automotive Remarketing (CAR) has answers.
Read More →
B2X Awards is one of Bobit's newest initiatives dedicated to increasing engagement across the company's sites.
Read More →
