CarMax VP of Product Salaries in Chicago | Comparably
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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
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CarMax VP of Product Salaries in Chicago

The average CarMax VP of Product in Chicago earns an estimated $234,654 annually, which includes an estimated base salary of $196,154 with a $38,500 bonus. CarMax's VP of Product compensation is $119,315 less than the US average for a VP of Product. VP of Product salaries at CarMax in Chicago can range from $175,000 - $264,000.

In Chicago, The Product Department at CarMax earns $13,635 more on average than the Customer Support Department.

Last updated 25 days ago.

$50k
$103k
$155k
$207k
$203.49M
$234,654
Average Compensation
$196,154
avg. base
$38,500
avg. bonus

VP of Product Salaries at CarMax

In Chicago, VPs of Product earn $9,999 more than Group Product Managers.

Group Product Manager
$225k*
Director of Product
$206k*
Senior Product Manager
$135k*
Product Manager
$109k*
Jr Product Manager
$101k*
* estimated salary

Compensation at CarMax by Department

In Chicago, The Product Department averages $13,635 more than the Customer Support Department, and $10,796 less than the Engineering Department

Engineering
$149,057 Avg. total comp.
+$11k
Product
$138,261 Avg. total comp.
Customer Support
$124,626 Avg. total comp.
-$14k

VP of Product Compensation by Gender (All Companies)

The average female VP of Product at companies similar size to CarMax reported making $279,465, while the average male VP of Product at similar sized companies reported making $259,922.

VP of Product Compensation by Ethnicity (All Companies)

The average Hispanic or Latino VP of Product at companies similar size to CarMax reported making $282,500, while the average African American/Black VP of Product at similar sized companies reported making $238,500.

How VPs of Product at CarMax Rate Their Compensation

The majority of VPs of Product at CarMax believe they're compensated fairly. 50% of VPs of Product 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
57
Does your company give annual bonuses?
50% Yes
50
Are you satisfied with your Benefits?
74% Yes
74

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VP of Product Salaries at Similar Size Companies in Chicago

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