Abbreviations
Stipulations
General
Mix-Up
Numbers
Do or Don't
100

FVB

Finance Vital Behaviors 

100
Who approves all stipulations 

The manager on duty 

100
Do we have Carmax Auto Finance in NY ?

No, It's not available 

100

Where is the QR located for vehicles @ CarMax 

On the window sticker 

100

Every 1k in the down payment reduces your monthly by how much approx.. 

$20 / month 

100

Be Iconic everywhere & every time 

Do

200

VSA

Vehicle Specific Application 

200

Customer states my total rent is 1k but I pay $500 how much do we enter on the customers credit application for monthly rent ? 

1k 

200

List 3 of our internal financial institutions

Chase, American credit acceptance, Westlake, Exeter, Capital One, Ally, BOA, Santander

200

List 3 items from the window sticker 

Answers vary 
200

How much would you expect to pay for a 25K vehicle monthly with no down payment ? 

$500 

200
Assume the customer doesn't want to talk about their budget 

Don't 

300

POR

Proof of residence 

300

What forms of payment can you use for a down payment ? 

Cash, Check, Debit Card, Certified Funds

300

What is the first step in the CTR process ? 

State your role 

300

When # 1 or # 2 on the UPS list where should you be located ? 

At the point in view of the coordinator 

300

Approx. How many vehicles are in CarMax total inventory ? 

50-60K
300

State your role in guiding the customer 

Do

400

POI

Proof of Income 

400

Name on item that can be used for POR

answers may vary 

400

What are 3 categories of Glanceable View 

Buying, Finance, Selling

400

What is the limited warranty placed on every retail vehicle ? 

90 or 4,000 miles which ever comes first 

400

What is the formula for CTR 

X + Y I recommend Z  

400

Assume customer information 

Don't 

500

FBS 

Finance Based Shopping 

500

What is considered commercial use 

using a vehicle to do a job not including the commute. IE Uber and Door Dash

500

Where can you use Maxcare ? 

Repair Pal, CarMax, and Dealer

500

How many paid holidays do we have at CarMax

6 - Christmas Day, Labor Day, Memorial Day, July4th, New Years Day, Thanksgiving, 

500

Customer wants $300 monthly car payment. Dream car cost 20K how much would they need to put down to reach their monthly payment goal ?  

$5K

500

Prompt for down payment 

Do