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: 761

TOTAL RATINGS: 6083

CEO: William Nash

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CarMax VP of Product Salaries in Provo, UT

The average CarMax VP of Product in Provo, UT earns an estimated $243,058 annually, which includes an estimated base salary of $193,737 with a $49,320 bonus. CarMax's VP of Product compensation is $110,912 less than the US average for a VP of Product. VP of Product salaries at CarMax in Provo, UT can range from $125,599 - $433,000.

In Provo, UT, The Product Department at CarMax earns $13,168 more on average than the Engineering Department.

Last updated 25 days ago.

$50k

$103k

$155k

$207k

$203.49M

$243,058

Average Compensation

$193,737: avg. base

$49,320: avg. bonus

VP of Product Salaries at CarMax

In Provo, UT, VPs of Product earn $18,403 more than Group Product Managers.

Group Product Manager

$225k*

Director of Product

$207k*

Senior Product Manager

$135k*

Product Manager

$135k*

Jr Product Manager

$101k*

* estimated salary

Compensation at CarMax by Department

In Provo, UT, The Product Department averages $13,168 more than the Engineering Department, and $3,159 less than the Legal Department

Legal

$138,587 Avg. total comp.

+$3k

Product

$135,428 Avg. total comp.

Engineering

$122,260 Avg. total comp.

-$13k

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

Does your company give annual bonuses?

50% Yes

Are you satisfied with your Benefits?

74% Yes

See CarMax VP of Product Salaries in Other Cities

VP of Product Salaries at Similar Size Companies in Provo, UT

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