CarMax Invests $5M in RepairPal
Nov. 28, 2017—CarMax, a retailer of used cars, announced that it's expanding its commercial relationship with RepairPal.
Additionally, CarMax has made a minority investment of $5 million as the lead in a new round of financing for RepairPal.
Through this partnership, CarMax will provide its customers with access to the RepairPal Certified shop network resulting in additional service and repair locations.
This investment follows several months of successfully partnering with RepairPal to offer Los Angeles customers the convenience of more service options.
"The RepairPal Certified network, combined with CarMax’s own nationwide staff of highly qualified technicians, ensures that our customers have timely options for all their service and repair needs,” said Bill Nash, CarMax president abnd CEO.