CarMax Claimed Company

We're fueled by a common goal: creating an iconic car-buying experience. We make car-buying fair, accessible, and joyful for all. We are committed to making progress in how we positively impact our society, now and in the future. Above all, we care about people. We are committed to putting people first, including our associates, customers, and communities. Spark positive change alongside us. Here’s your chance to leave a mark. Find the purpose, tools, and resources to go for greatness with teammates by your side. We offer benefits and resources to help you make your best life happen. Professional growth and limitless opportunities await. There's no better place to be. Our values guide everything we do: -Do the right thing -Put people first -Win together -Go for greatness CarMax revolutionized the auto industry by delivering the honest, transparent, and high-integrity car buying experience customers want and deserve. This disruptive thinking has helped us become the nation’s largest read more

EMPLOYEE PARTICIPANTS: 747

TOTAL RATINGS: 5978

CEO: William Nash

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CarMax Principal Engineer Salary

The average CarMax Principal Engineer earns an estimated $176,309 annually, which includes an estimated base salary of $149,226 with a $27,082 bonus. CarMax's Principal Engineer compensation is $14,571 more than the US average for a Principal Engineer. Principal Engineer salaries at CarMax can range from $58,750 - $445,000.

The Engineering Department at CarMax earns $3,245 more on average than the Business Development Department.

Last updated 2 months ago.

$50k

$85k

$120k

$154k

$2.06M

$176,309

Average Compensation

$149,226: avg. base

$27,082: avg. bonus

Principal Engineer Salaries at CarMax

Principal Engineers earn $4,704 more than Principal Engineers, and $1,535 less than Engineering Managers.

Sales Engineer

$218k*

Director of Engineering

$212k*

Group Engineering Manager

$199k*

Engineering Manager

$178k*

Principal Engineer

$172k*

Lead Engineer

$144k*

Data Scientist

$132k*

DevOps

$124k*

Senior Developer

$123k*

Mobile Developer

$115k*

Senior QA

$113k*

Scrum Master

$110k*

$100k*

Jr Developer

$91k*

Developer

$85k

* estimated salary

Compensation at CarMax by Department

The Engineering Department averages $3,245 more than the Business Development Department, and $10,761 less than the Legal Department

Legal

$138,587 Avg. total comp.

+$11k

Engineering

$127,826 Avg. total comp.

Business Development

$124,581 Avg. total comp.

-$3k

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to CarMax reported making $174,986, while the average male Principal Engineer at similar sized companies reported making $186,024.

Principal Engineer Compensation by Ethnicity (All Companies)

The average Caucasian Principal Engineer at companies similar size to CarMax reported making $187,613, while the average Native American Principal Engineer at similar sized companies reported making $124,088.

How Principal Engineers at CarMax Rate Their Compensation

The majority of Principal Engineers at CarMax believe they're compensated fairly. 50% of Principal Engineers at CarMax say they receive annual bonuses, and the vast majority (74%) are satisfied with their benefits. See more compensation ratings at CarMax

Do you believe you're paid fairly?

57% Yes

Does your company give annual bonuses?

50% Yes

Are you satisfied with your Benefits?

74% Yes

See CarMax Principal Engineer Salaries by City

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