CarMax is America’s leading automobile dealership when it comes to selling second-hand cars. Buyers are always looking for attractive deals on pick-up trucks, sports cars, and luxury vehicles. But if you work there, you’d surely be amazed at CarMax employee discounts.
As an associate, you’ll get amazing opportunities to save money on quality second-hand cars and also enjoy other exclusive perks.
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How Much is CarMax Employee Discount?
The CarMax employee discount helps associates and their families to save $500 on any new and used cars. You can purchase from the showroom or purchase your favorite vehicle from the company’s official website and get it transferred to a CarMax location.
If a car remains unsold after 14 days on the lot, associates can grab it for $300 over the cost and get discounts up to $3000. According to employees, this is by far one of the greatest benefits of working at CarMax.
2. Part time associates after 30 days
Who is Eligible for the Discount?
At CarMax, both full-time and part-time associates can get a discount. However, full-time associates must complete 30 days of continuous employment before they become eligible. The following different associate positions are eligible for a CarMax employee discount.
- All full-time associates
- Part-time associates who’ve worked for at least 30 days
- A member of the CarMax Board of Directions
- Associates immediate family members
- Board members’ immediate family members
Are My Friends Eligible for the Discount?
If you work at CarMax, you can only use the discount for your immediate family members. Although some sources have claimed discounts for family members as well.
You can always ask your manager whether a friend of yours is eligible for the discount. Often long-time employees do get this privilege by just asking.
Can Employees Get a Discount on Custom Orders?
There are tons of coupes, convertibles, and pickup trucks to choose from, so you may wonder whether the CarMax employee discount is applicable on custom orders. The answer is yes, you can certainly claim the associate discount for custom orders of new vehicles.
However, they have to pay $500 in advance while ordering customization. These fees are also non-refundable.
CarMax Employee Discount Limitation
CarMax employees do not get to have a discount as many times as they want. As an associate, you are limited to using your discount a maximum of 3 times a year. This also includes discounts claimed by one of your family members.
This is the only limitation of employee discounts at CarMax. But according to associates, this is not a big deal at all as most of them are not looking to buy 3 cars a year.
Exclusions to CarMax Employee Discount
Although associates are eligible for a discount on all new and second-hand vehicles, the discount should not exceed the market value. This means you won’t get an associate discount if the $500 discount reduces the price of vehicles beyond their market cost.
For wholesale purchases, the associate discount will allow you to buy the car for its price plus $300. Also, employees can get a discount on a maximum of 2 accessories per year. Associate discount won’t apply to Guaranteed Asser Protection (GAP).
Can CarMax Associates Return their Purchases?
Just like customers, CarMax associates also get to enjoy free test drives and their money-back guarantee. You may use the CarMax return policy to process a successful return at your CarMax showroom.
CarMax Employee Benefits & Perks
All associates working at CarMax have an access to a dedicated work portal where they occasionally get rebates on car services and goods like mobile services, bouquets, and gadgets.
Besides the CarMax employee discount, working associates get to enjoy the following perks and benefits.
- Health & Wellness coverage
- 401K / Retirement Plan
- PTO / Vacation Policy
- Maternity / Paternity Leave
- Paid Time Off
Frequently Asked Questions
1. Can I get associate discount on wholesale cars?
For wholesale purchases, CarMax associates get to buy a vehicle for the price plus $300..
2. Do associates get a discount on accessories?
Yes, CarMax associates get a discount on purchases of 2 accessories per year.
3. Is GAP insurance eligible for associate discount?
No, CarMax won't give associates any discount on guaranteed asset protection insurance plan.
4. Do part-time associates get discounts at CarMax?
Yes, but part time employees have to first work for at least 30 days to be eligible for a discount.
If you’re working at CarMax, you should definitely know about CarMax employee discounts as you’ll save good amounts on your favorite automobiles and accessories. part-time associates have to finish certain work criteria to qualify for the discount.
Associates also get to enjoy help full perks and discounts for their direct families. If you want to make a great collection of automobiles while building a carrier, CarMax might be the right place for you.