Quick Answer: How Many Employees Does CarMax Have?

Does CarMax require proof of income?

To complete your transaction, you may be required to provide any or all of the following: Valid driver’s license.

Proof of insurance (required for all vehicle sales) Proof of income..

Is CarMax a Fortune 500 company?

CarMax, a member of the Fortune 500 and the S&P 500, and on the Fortune 100 Best Companies to Work For® list for 13 consecutive years, is the nation’s largest retailer of used vehicles. Headquartered in Richmond, Va., CarMax currently operates 181 used car stores in 89 television markets.

Who is CarMax biggest competitor?

CarMax’s top competitors include Vroom, Inchcape, Copart, Penske Automotive Group and AutoNation. CarMax is a retailer company for used vehicles.

Are car dealership owners rich?

Like any kind of business, the personal wealth of an owner can vary widely. There is no guarantee that running your own business, and case in point, a car dealership, will make you rich. … Many have invested every cent they have to get to own a dealership. Many have to have partners or syndicates to afford a dealership.

What is the starting pay at CarMax?

Salary satisfaction The average CarMax salary ranges from approximately $25,458 per year for Salesperson to $209,840 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.

Are CarMax employees paid on commission?

CarMax offers a range of benefits to its employees. The company provides paid training during consultants’ first days on the job. … Salaries are based on commission, but CarMax states that it offers no-haggle pricing and a customer-friendly focus to its sales process.

How much does CarMax employees make?

Salary satisfaction The average CarMax salary ranges from approximately $23,800 per year for Inventory Associate to $108,881 per year for Software Engineer. Average CarMax hourly pay ranges from approximately $10.00 per hour for Retail Sales Associate to $24.25 per hour for Service Consultant.

Who is CarMax owned by?

Circuit CityCarMaxTypePublicRevenueUS$17.12 billion (2017)Net incomeUS$664.1 million (2017)Number of employeesc. 25,000 (2018)ParentCircuit City (1993–2002)7 more rows

Is 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.

Does CarMax sell to bad credit?

Can I get approved if I have bad or damaged credit? We successfully provide options to customers with many different credit profiles because we work with some of the country’s leading financial institutions, which improves your chances of getting approved.

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.

Can I get a loan with a 450 credit score?

And that signals risk to potential lenders. As a result, a 450 credit score will make it difficult to qualify for a loan or unsecured credit card. And you will need to focus on rebuilding your credit reputation before trying to get a mortgage, car loan, etc.

What credit score does CarMax pull?

Carmax will most likely pull Experian AND Transunion AND Equifax. MULTIPLE times, like 10-12 overall.