How Much Do CarMax Associates Make?

How can I get a discount at CarMax?

Contents hide1 Car dealers don’t make their money selling cars.2 Negotiate the interest rate on the loan.3 Negotiate the extended warranty.4 Negotiate the sale of your vehicle..

Is selling to CarMax a good deal?

Carmax is a great place to sell your car because they don’t get a lot of trade-ins and will usually offer you more for it than a dealer would. It’s not a good place to buy a car for the same reason—they have to overpay to keep their inventory stocked. Forget about KBB & Edmunds—-they don’t write checks.

Can you haggle at CarMax?

CarMax’s brand is synonymous with transparency. The retailer has a no-haggle policy for used-vehicle prices and trade-in offers. CarMax gives free, no-obligation valuations and offers consumers a price that’s good for seven days. … CarMax also offers a consistent, consumer-driven shopping experience that fans rave about.

Is working for CarMax a good job?

CarMax is a fantastic company to work for and they truly deserve their title as one of the Fortunes Best 100 Companies to Work For. The company has an incredible workplace culture that is unrivaled among with great perks and chances for growth.

Is selling to CarMax worth it?

While the CarMax offer isn’t as much as you might get by selling it to a private party, selling it to the used car chain offers these advantages: It eliminates the expense of advertising your car and the hassle of showing your car to strangers. CarMax prices are usually higher than those that a dealer offers.

Does CarMax pay commission?

Compensation. As a sales consultant your pay is commission, if a car isn’t being sold you won’t make any money. They’ll train (paid) you if you don’t have experience. Flexible shifts.

Does CarMax pay weekly or biweekly?

Pay is bi weekly. Bi weekly pay. If you do not sell, you are paid hourly but have to pay it back.

What is the starting pay at CarMax?

$15.61 an hourpays its employees an average of $15.61 an hour. Hourly pay at CarMax, Inc. ranges from an average of $11.62 to $26.20 an hour.

How much does a CarMax employee make?

The average CarMax salary ranges from approximately $22,000 per year for Phone Operator to $82,859 per year for Manager. Average CarMax hourly pay ranges from approximately $8.00 per hour for Car Sales Executive to $25.00 per hour for Automotive Mechanic.

Does CarMax take cars that don’t run?

Will CarMax Buy My Car If It Doesn’t Run? If you have a car that won’t turn on or drive, you can sell it to CarMax. CarMax makes offers on a variety of vehicles, including damaged cars. Typically, CarMax will resell cars it purchases on its lots.

Does CarMax pay hourly or commission?

Salaries are based on commission, but CarMax states that it offers no-haggle pricing and a customer-friendly focus to its sales process.

Do CarMax employees get a discount?

CarMax, the national chain of dealerships, gives employees and their families $500 off any new or used car. … After 14 days on the lot, unsold cars at CarMax are up for grabs to employees for $300 more than cost, up to a maximum discount of $3,000.

Does CarMax have holiday sales?

After looking for many auto dealer websites I eventually landed on Carmax and was surprised it didn’t offer any sale or discounts, not even for holidays. … After visiting several dealerships, their websites and comparing their prices of vehicles that interested me I decided to give Carmax a chance.

How does CarMax pay you when they buy your car?

Selling Your Car To CarMax and Getting Paid Once you sell your car to CarMax, you will get paid. That payment will be in the form of a bank draft. Think of it as a check. With CarMax, that bank draft is proof of payment and is guaranteed to be available by the bank who issues the draft.

How much does CarMax pay salesman?

The typical CarMax Sales Consultant salary is $41,932. Sales Consultant salaries at CarMax can range from $1 – $204,608. This estimate is based upon 222 CarMax Sales Consultant salary report(s) provided by employees or estimated based upon statistical methods.