Employee Stock Purchase Plan (ESPP)
Employee Stock Purchase Plan (ESPP)
CarMax offers an Employee Stock Purchase Plan (ESPP) through Computershare for eligible Associates to purchase CarMax stock through convenient payroll deductions, from 2-10% of salary. Full-Time Associates and Part-Time Associates are eligible to contribute after 1 year of service and receive CarMax matching contributions.
For every $1.00 you contribute (after-tax), CarMax will deposit a $0.15 matching contribution.
Associates are immediately vested in all contributions and purchases are made monthly.