Since June 2021, Edmunds has been a wholly owned subsidiary of CarMax, Inc. Edmunds True Market Value (TMV) – also known as Edmunds Suggested Price — is our estimate of the current average transaction price — that is, what others are paying — for vehicles. We determine those prices based on a variety of factors, including actual transaction data from dealers. CarMax is one of the dealers from which Edmunds obtains transaction data. However, other than the incorporation of CarMax's transaction data by Edmunds into TMV calculations, CarMax does not participate in or otherwise influence the manner in which Edmunds computes those values. Learn more