Buyer in Training

CarMax - Knoxville, TN

Full-time - Entry Level

Remote - Knoxville, TN

10,001+ employees

Motor Vehicle and Parts Dealers

About the position

The Buyer position at CarMax is responsible for acquiring used car inventory through appraisals and off-site auctions. This role requires independent judgment and decision-making in purchasing, planning, and negotiating, while also promoting sales and conducting business research. The position is filled internally by those who have completed the Buyer-in-Training program.

Responsibilities

• Evaluate and negotiate current market prices for vehicles.
• Assess and prepare customer appraisal offers for vehicle purchases.
• Oversee and assist with on-site and virtual wholesale auctions.
• Conduct accurate vehicle condition assessments and communicate findings.
• Manage retail and wholesale margins effectively using reporting expertise.
• Serve as a resource for other departments regarding vehicle conditions and values.
• Utilize technology for collaboration with team members at different locations.
• Assist in training and development of Buyer's Assistants and Buyers-in-Training.
• Deliver exceptional customer service and collaborate with other departments.
• Support the execution of new store procedures and technology platforms.

Requirements

• Ability to make independent judgments regarding vehicle purchases.
• Strong financial decision-making skills under time constraints.
• Ability to multi-task in a fast-paced environment.
• Proficient in reading and understanding business reports.
• Effective communication skills with internal and external customers.
• Attention to detail and strong analytical skills.
• Proven track record in associate development and goal setting.
• Champion for change in a team-oriented environment.
• Understanding of vehicle warranties, auction sales, and pricing.

Nice-to-haves

• Experience in the automotive industry.
• Knowledge of vehicle reconditioning costs.
• Familiarity with auction trends and sales.

Benefits

• Flexible work hours with options for remote work on certain shifts.
• Professional development opportunities.
• Employee discounts on vehicle purchases.