Titles
Tendering
Check Ins
CarMax Policies
CarMax Fun Facts
100

This is the printed title ownership connection in Maryland—both owners must sign.

"AND"

100

What forms of payments do all dealers get set up with when signing up for CarMax auctions?

Cash, wire and certified funds 

100

What is the first system to open when receiving a title in the mail/with a vehicle? 

TMH

100

How long to dealer's have to pay after purchasing a vehicle through a CarMax Auction? 

Until the end of the next business day

100

How many associates are employed at CarMax? 

30,000

200

Does Maryland print a lien release when a lien is released? 

No, the state no longer issues a state lien release

200

What system do we use to tender payments for our Auction location? 

Auction

200

Which two store location numbers to we review in TMH to manage the title follow up? 

4010 and 4070

200

Is the employee assistance program only for CarMax associates, or does it extend to family members up to age 26? 

EAP is available to all CarMax Associates, as well as members of your household and children up to the age of 26. (you don not have to be enrolled in KMX insurance)

200

When did CarMax start disrupting the Automotive industry? 

1993
300

Virginia accepts or rejects AOCs for title errors.

Yes, Virginia accepts AOCs

300

What payment types do dealer's need to get approved to use? 

Floorplan, checks and ACH 
300

For 4010 titles getting checked in, do we have to sign any reassignments? 

No, the title will be shipped as they are recieved.

300

What department/team assists us with keeping our property/money/associates safe? 

Asset Protection

300

How many CarMax locations do we have? 

270+ (including CECs and home offices)

400

Virginia accepts or rejects copies of supporting documents such as POAs, lien releases, etc.

No, Virginia does not accept copies

400

What system do we tender payments made at alternate locations? 

CMS

400

If a correction is needed for a Max Offer or Auction title, what system will you use for correction assistance? 

The CBO request portal

400

What application can we use to send recognition to any CarMax associate for going above and beyond? 

Achievers

400

Where was CarMax's first store location built?

Richmond, VA 

500

Maryland requires or does not require the DMV to accept AOCs for title errors?

Yes, Maryland accepts AOCs for title errors

500

What payment type do you select when a vehicle was tendered at an alternate location? 

Store Credit

500

If you received a title and it needs a correction from a previous store, do we follow up on this correction? 

No, we partner with the purchasing store! 

500

What additional benefits can you obtain through CarMax benefits website that are optional? 

Accident Insurance

Critical Illness Insurance

Auto, Home & Renters Insurance

Pet Insurance

Student Loan Refinancing

500

What are the 4 CarMax Values? 

  • Do the Right Thing
  • Put People First
  • Win Together 
  • Go for Greatness