CarMax Fundamentals
Finance Basics
24 Hour Test Drive
Standards of Appearance
Vital Behaviors
100

This appraisal offering can be completed online in an "Instant". 

What is an ICO (Instant Cash Offer)

100

Proof of Income, Proof of Residence, and Personal References are examples of...

What are Stipulations (Stips)

100

This is the mileage limit on a 24 hour Test drive.

What is 150 Miles

100

The side of your top in which you name tag resides. 

What is the right side. 

100

A quick intro to MaxCare done "Early and Often". 

What is a Seed Plant

200

The 24 hour test drive and 30 day money back return are part of CarMax's new ____________

What is the Love Your Car Guarantee

200

This form of identification is required to run financing with our lenders. 

What is a Drivers License

200

These requirements must be verified before a customer can proceed with the test drive. 

What are a Valid Drivers License and Proof of Full Coverage Insurance. 

200

These are the four (4) types of approved bottoms. 

What are, Pants, Shorts, Skirts , and Capris

200

The Appraisal Vital Behavior in which you ask situational questions such as why they're selling or their replacement plans. 

What is Discover Their Story

300

This site in CarMax links is a pivotal hub to finding information or resources to all things CarMax. 

What is CarMax World

300

An individual who is not present on any sales documents but will be the primary driver is considered a ________

What is a Straw Purchase

300

These Two (2) things occur at the gas pump.

What is Filling the Tank and Scanning out the vehicle. 

300

These Five (5) colors for shoes are CarMax approved. 

What is 

Brown

Black 

Grey

Navy

White

300

"My goal is to you guide you through your car shopping journey..." is an example of...

What is a role state

400

The CarMax Value of developing associates, providing opportunities to grow, and giving back to our communities. 

What is putting people first

400

This approval DOES NOT require a check acceptance form as it pertains to down payment. 

What is a CAF Tier 1 Approval 

400

These MUST be validated before checking the vehicle back in. 

What is checking mileage, fuel level, and condition.

400

A wearable _____ device is not permitted to be worn at CarMax. 

What is Bluetooth 


400

A brief explanation of the benefits of MaxCare.

What is Presentation


500

This CarMax equity was the foundational piece that launched our brand and separated us from "Traditional" dealers. 

What is No Haggle Pricing

500

True or False: It is not required to have consent to resubmit an application without Buyer and/or Co-Buyer Approval. 

What is False

500

You must try to partner with ______ if you will not be available upon the customers return. 

Who is a sales consultant


500

The side of lapel in which CarMax pins are to be worn. 

What is the Left Side

500

The Finance Vital Behavior in which you use discovered information to overcome hesitations.  

What is Sell the Offer