How Does CarMax Pay Their Salespeople?

Does CarMax pay a base salary?

Salary satisfaction The average CarMax salary ranges from approximately $24,828 per year for Collection Agent to $110,125 per year for Sales Trainee.

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 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.

Do CarMax Salespeople get commission?

Salaries are based on commission, but CarMax states that it offers no-haggle pricing and a customer-friendly focus to its sales process. Commission isn’t based on the price of the car being sold, which enables car sales consultants to focus on helping customers find the right car.

Can a car salesman make six figures?

If you can sell 20 or 25 cars a month, and “hold gross” (make a big profit) on each of them, you can make more than six figures annually. … So at every dealership there’s what’s known as a minimum commission, or “mini deal.” That’s the minimum the dealership will pay you when a car deal makes no money.

What is the CarMax employee discount?

CarMax, the national chain of dealerships, gives employees and their families $500 off any new or used car. Interested buyers can log on to the company’s Web site, find what they’re looking for and have the vehicle transferred to a location near them.

What is it like to work at CarMax?

CarMax was very thorough on training their employees to be customer oriented. They have a open door policy, making it easy to go to my lead in reference to any issues. They also have a lot of opportunities for those who are willing to work hard. Every position has the road laid out to grow into a management position.

How much does CarMax pay employees hourly?

CarMax, Inc. pays its employees an average of $15.68 an hour. Hourly pay at CarMax, Inc. ranges from an average of $11.58 to $26.43 an hour.

How much do CarMax salesmen make?

Salary satisfaction The average CarMax salary ranges from approximately $24,828 per year for Collection Agent to $202,800 per year for Location Manager. Average CarMax hourly pay ranges from approximately $8.00 per hour for Car Sales Executive to $24.25 per hour for Service Consultant.