Retailing Logo

Working At CarMax

Zippia Score 4.8

CarMax overview

CarMax is the United States' largest used-car retailer and a Fortune 500 company. The corporate entity behind the formation of CarMax was Circuit City Stores, Inc. The first CarMax used-car store opened in September 1993, 1.7 miles from Circuit City's corporate offices in Richmond, Virginia.
The staff at CarMax come from unusually diverse demographic backgrounds. The company is 32.7% female and 42.5% ethnic minorities. Even though it has great demographic diversity, CarMax notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 72.4%. Despite having coworkers who agree with each other about politics, employees at CarMax tend to have relatively short tenures. Staff members usually stay with the company for 2.4 years. The average employee at CarMax makes $62,109 per year. In comparison, some of its highest paying competitors, like Altria, Office Depot, and Penske Automotive Group, pay $76,134, $69,544, and $64,497, respectively.
Based in Richmond, Virginia, CarMax is an industry leader with 25,000 employees and an annual revenue of $17.1B.

The Organization’s Mission

To provide our customers great quality cars at great prices with exceptional customer service.

Industry

Retailing

Revenue

$17.1B

Employees

25,000

Founded in

1993

Headquarters

Richmond, VA

Website

cafjobs.com

Website

cafjobs.com

Organization Type

Public

Is This Your Company?

The team at CarMax

Key People
  • William Nash (ceo)
  • Tom Reedy (CFO)
  • Bill Nash (Chairman)

What do people say about CarMax

3.0

Zippia Official LogoZippia UserFebruary 2019

What Do You Like About Working There?

Helping people finding what they were looking for and selling a quality product. Show More

4.0

Zippia Official LogoZippia UserAugust 2018

What Do You Like About Working There?

This is a great company for employees who like a lot of structure. There are rarely any exceptions made to the rules. Good product and good opportunity for advancement Show More

3.0

Zippia Official LogoZippia UserJuly 2018

What Do You Like About Working There?

Meeting new people, working with some great people at car maxx, might have long hours but I built some great friendships. Ability to make money with car sales ship. Show More
Anonymous review of CarMax

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CarMax Rankings

CarMax is ranked #33 on the Best Retail Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

CarMax Salaries

How much does CarMax pay?
The national average salary for a CarMax employee in the United States is $62,109 per year. Employees in the top 10 percent can make over $112,000 per year, while employees at the bottom 10 percent earn less than $34,000 per year.
9.4
Salary Score
Average Employee Earnings

CarMax Salaries By Job Title

While CarMax employees earn an average yearly salary of $62,109, different roles can command different wages. Some of the job titles with high salaries at CarMax are Operations Manager, Cosmetics Supervisor, Detailer, and Production Manager. A typical Operations Manager salary at CarMax is $122,211 per year. To get a better sense of the salaries at CarMax, other roles such as Customer Assistant and Customer Advisor can be considered as well. For comparison, the title Customer Assistant at CarMax earns $28,724 per year.

CarMax careers

On average, employees at CarMax stay with the company for 2.4 years. Employees most commonly join CarMax after leaving Walmart. When they leave CarMax, they most frequently get their next job at Verizon.

Average Length of Employment
AutoNation2.4 years

CarMax

2.4 years
AutoZone2.1 years
Top Employers Before CarMax
Walmart11.8 %
US Army9.2 %
Target6.7 %
Show More
Top Employers After CarMax
Verizon8.6 %
Walmart8.5 %
AT&T7.2 %
Show More
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CarMax Employee Political Affiliation

0

Employee Political Donations

NameDonation
Joseph KunkelExecutive
$11,000Democratic Party
William LigonPresident
$4,800Democratic Party
William TiefelDirector
$3,600Democratic Party
Richard SharpChief Executive Officer
$2,700Republican Party
Thomas FolliardChief Executive Officer
$2,400Republican Party
William BarlowSales Consultant
$788Democratic Party
Craig JacksonAutomotive
$732Democratic Party
Doug RoemeltCar Sales Consultant
$665Democratic Party
Allison DexterProgram Manager
$330Democratic Party
Donald DavieSales Person
$300Democratic Party
Show More

CarMax Employment Videos

Focus on Jobs: IT

Start Your Career as a CarMax Automotive Technician

CarMax Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1993

Organization type

Public

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CarMax Competitors

Some of the competitors of CarMax are Altria, Office Depot, and Penske Automotive Group. The wages at Altria average higher than the other similar companies, where the median salary is $76,134 per year. Employees at Office Depot earn an average of $69,544 per year, and the employees at Penske Automotive Group earn an average salary of $64,497 per year.

Frequently Asked Questions about CarMax

When was CarMax founded?

CarMax was founded in 1993.

How many Employees does CarMax have?

CarMax has 25,000 employees.

How much money does CarMax make?

CarMax generates $17.1B in revenue.

What industry is CarMax in?

CarMax is in the retailing industry.

What is CarMax's mission?

CarMax's mission statement is "To provide our customers great quality cars at great prices with exceptional customer service."

What type of company is CarMax?

CarMax is a public company.

Who are CarMax's competitors?

CarMax competitors include AutoNation, Advance Auto Parts, AutoZone, Sonic Automotive, Dillard's, Macy's, Nordstrom, J. C. Penney, Foot Locker, Office Depot, Bed Bath & Beyond, Best Buy, Dick's Sporting Goods, Lithia Motors, Staples, Kohl's, Penske Automotive Group, Altria, Harley-Davidson, Toys R Us.

Who works at CarMax?

William Nash (ceo)

Tom Reedy (CFO)

Bill Nash (Chairman)

Are you an executive, HR leader, or brand manager at CarMax?

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You can find out what it is like to work at CarMax, also known as CARMAX INC, CarMax, CarMax Inc, CarMax, Inc. and carmax auto superstores.

Zippia gives an in-depth look into the details of CarMax, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CarMax. The employee data is based on information from people who have self-reported their past or current employments at CarMax. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of CarMax and its employees or that of Zippia.