CarMax
CarMax

CarMax

CarMax High Paying Jobs, Compensation Information and Expert Network Connections

lightbulbWhat are the highest paying jobs at CarMax?

CarMax is America's 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. As of March 23 2021, CarMax operated 224 locations.

While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan as well. As of November 2018, the only CarMax new vehicle dealerships that remain are the two Toyota stores located in Kenosha, Wisconsin and Laurel, Maryland.

The concept for CarMax was developed by Circuit City executives under then-CEO Richard L. Sharp. It was developed for nearly a year in 1991, using the code name "Project X", and was also known as "Honest Rick's Used Cars" to those intimately involved in the skunk works team. The concept was actually first proposed by Ronald L. Moore of Richmond, Virginia, a consultant hired by Circuit City to evaluate possible business opportunities beyond the scope of their consumer electronics locations.

Prior to the first store being built, DeVito/Verdi was hired as the advertising agency and creative resource. The company executed the campaign and additional TV advertisements over the course of a number of years in support of the launch and the initial wave of stores.

Highest paying job titles at CarMax include Senior Data Scientist, Retail Manager, and Quality Assurance Engineer

Snapshot

Employees26,889
Market Cap$21.2 billion
Revenue$18.7 billion
5 Year Trendarrow trend up+4.6%
Net Income$751.9 million
NYSEKMX
Founded1993
pie chartAnnual Report
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Total value of jobs:
$27,720,000
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Total Jobs:
67
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Average Pay:
$88,000
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Total Experts:
22
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% Masters:
20%

Top Experts at CarMax

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CarMax Compensation

Senior Data Scientist

$90K

$90K

Average Compensation:$90,000

Retail Manager

$80K

$100K

Average Compensation:$90,000

Quality Assurance Engineer

$100K

$100K

Average Compensation:$100,000

Salesforce Engineer

$

$

Average Compensation:$NaN

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