CarMax Is Committed to Becoming the Leader in the Used EV Sector

As electric vehicles (EVs) keep growing in popularity across the U.S., one company is making sure that used EV buyers can shop with greater confidence and transparency. CarMax, Inc., the nation’s largest retailer of used cars, has announced a suite of new strategic initiatives aimed at enhancing the used EV buying experience. From battery health insights and educational tools to home charger credits and tax-credit eligibility badges, these steps help make EV ownership more accessible and less intimidating for customers.

“CarMax is committed to becoming the leader in the used EV sector as part of our strategy to deliver the most customer-centric experience in the industry. The new electric vehicle market has seen strong growth in recent years, and we expect that to drive increased activity in the used EV market as well. Our strategic partnerships and enhancements to CarMax.com are designed to empower consumers with all the tools and resources they need in their shopping journey, improving the used EV purchasing experience,” said Terence Rasmussen, VP of Business & Corporate Development at CarMax.

Empowering EV Buyers with an Online EV Hub

At the core of these new efforts is the CarMax EV Hub, a one-stop educational resource on CarMax.com designed for customers exploring the world of electric cars. The EV Hub equips shoppers with valuable tools and practical information they need before making a purchase.

Whether customers are new to EVs or looking to trade up to a newer model, they’ll find easy-to-understand buying guides, explainer videos, and even an online quiz that matches their lifestyle to the right EV options. The Hub also integrates closely with data and tools from CarMax’s subsidiary Edmunds, including the Edmunds EV Range Test, cost-to-drive estimates, and an incentive finder to maximize potential savings.

With these educational tools, customers gain a much clearer picture of what owning an EV really looks like—from driving range to charging options to financial incentives.

Battery Health Transparency with Recurrent

For used EV shoppers, battery health is often a top concern. CarMax has partnered with Recurrent, a leading provider of battery analysis and EV reports, to offer transparent battery data directly on CarMax.com listings.

Each qualifying EV on CarMax.com now features a battery range score that reflects its current estimated capacity. Shoppers can click through to Recurrent to view a full report covering estimated range, projected battery degradation over time, seasonal range variations, and predicted charging times.

This feature allows buyers to make informed decisions based on real-world data, ensuring they know exactly what to expect from the vehicle they choose — and how long its battery will last — long after they drive it home.

Making Home Charging Easier with Treehouse

Beyond the car itself, CarMax is also tackling one of the most common hurdles for new EV owners: charging at home.

As part of this initiative, CarMax customers will receive access to Treehouse, a software-enabled platform that simplifies the process of purchasing and installing Level 2 home chargers. Customers who buy an EV from CarMax can receive a $200 one-time credit toward a Treehouse home charger installation, making the upgrade to convenient, cost-effective home charging that much smoother.

By proactively incorporating charger installation into the buying experience, CarMax is ensuring customers feel supported long after they drive off the lot — reducing range anxiety and making the transition to EVs easier for everyone.

Highlighting the Used EV Tax Credit

CarMax is also making tax incentives more visible — literally. Many customers don’t realize that pre-owned EVs can qualify for the federal Used EV Tax Credit of up to $4,000.

CarMax has introduced a prominent badge on eligible EVs in its inventory so shoppers can easily spot vehicles that qualify. Customers can click to the EV Hub for more information on tax-credit eligibility requirements and see exactly how they can save. This straightforward identification of tax credit-eligible models takes the guesswork and paperwork anxiety out of applying incentives, making EVs even more affordable.

A Commitment to Helping Communities Thrive

With this suite of enhancements, CarMax continues its legacy of integrity, honesty, and transparency. Beyond making EV shopping more seamless, these efforts reflect the company’s long-standing commitment to sustainability, innovation, and its communities.

CarMax’s dedication to making the car-buying process straightforward has earned it 21 consecutive years on the Fortune 100 Best Companies to Work For list. The company operates 250 stores across the nation, sells hundreds of thousands of cars annually — approximately 790,000 used and 540,000 wholesale vehicles in fiscal 2025 — and originated more than $8 billion in automotive receivables last fiscal year.

As part of its ongoing commitment to corporate responsibility, CarMax also strives to reduce its own environmental footprint. Details about its sustainability goals and progress can be found in its 2024 Responsibility Report.

Why a Used EV Is a Great Purchase Right Now

With electric vehicles becoming more mainstream every year, many drivers are wondering if it’s time to jump into the EV market. But buying new isn’t the only option. Right now, a used EV is one of the smartest choices you can make—and here’s why.

Rapidly Dropping Prices

EV technology is improving so quickly that newer models hit the market every year. This innovation cycle drives prices of previous generations down fast. Thanks to this, the used EV market is full of great deals. You can often buy a lightly used electric car at a fraction of its original cost and still have most of its battery life and performance intact.

Proven Battery Longevity and Battery Warranties

A few years ago, people worried that EV batteries wouldn’t last. But we now have years of real-world data proving that modern EVs can easily rack up 100,000–200,000 miles without major battery degradation. Many used EVs still have plenty of range left for most drivers’ daily needs. In most cases, the battery warranty from the car manufacturer transfers to the used EV buyer.

Most electric vehicles come with a robust battery warranty that offers peace of mind to buyers. On average, automakers provide coverage for at least 8 years or 100,000 miles, whichever comes first. This warranty typically guarantees that the battery will maintain a certain percentage of its original capacity — often around 70% — during that period. Some manufacturers even go beyond these terms, offering warranties up to 10 years or 150,000 miles. This strong backing reflects confidence in modern EV battery longevity and ensures that drivers can enjoy years of dependable range and performance without worrying about costly replacements.

Lower Total Cost of Ownership

When you buy a used EV, you’re already saving on the sticker price—but that’s not all. EVs require far less maintenance than gas cars. No oil changes, no timing belts, and far fewer moving parts mean fewer costly trips to the shop. Combine that with cheaper fueling (especially if you can charge at home), and your total cost of ownership (TCO) stays low. Battery electric vehicles offer the lowest TCO of all powertrain types.

Incentives and Deals

Some states and utility companies offer rebates for used EVs, and tax credits may also apply in some cases. Plus, dealerships often offer perks like extended warranties and discounted home charger installation. The federal used EV tax credit of up to $4,000 is still available, although it may not last much longer.

Sustainable Choice

By choosing a pre-owned EV, you’re giving a car a second life and reducing the demand for new car production. This is an eco-friendly option that still lets you embrace zero-emission driving.

EVinfo.net’s Take

There has never been a better time to get into a used EV, as the federal used EV tax credit of up to $4,000 is still available. EVinfo.net has tried out many of the used EV sales platforms, and we congratulate CarMax on offering one of the best we have seen so far.

Add Solar For Maximum Eco-Friendly Cost Savings

Adding solar power to your home is the perfect way EV drivers and others can lower their carbon footprint, doing even more good for the environment. At the same time, those who choose solar will also save money on their energy bills over time.

The average payback period for a home solar installation in the U.S. typically ranges from 6 to 10 years, depending on a few key factors like your local electricity rates, available incentives (such as the federal tax credit or state rebates), system size, and upfront cost. In areas with higher utility rates or generous incentives, homeowners can often achieve a quicker payback — closer to 6 or 7 years — while in lower-rate areas the payback might stretch to around 10 years.

After reaching payback, most solar panel systems continue producing free electricity for 20+ years, making them a long-term investment that can yield substantial savings.

EnergySage is an online platform that simplifies the process of going solar, making it easier for homeowners and businesses to compare quotes, financing options, and installers in one place. By providing transparent information, helpful educational resources, and a competitive marketplace, EnergySage empowers consumers to make well-informed decisions about their clean energy investments. Whether you’re looking to add solar panels, energy storage, or explore community solar options, EnergySage connects you with pre-screened, high-quality installers and helps you maximize savings while supporting the shift toward a more sustainable future.

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