CARCHEX reviews

4.2

88% would recommend to a friend

(94 total reviews)

Scott Levy

90% approve of CEO

89% positive business outlook

CARCHEX has an employee rating of 4.2 out of 5 stars, based on 94 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The CARCHEX employee rating is in line with the average (within 1 standard deviation) for employers within the Personal Consumer Services industry (3.6 stars).

Reviews by job title

94 reviews
1.0
Aug 29, 2019
Recommend
CEO approval
Business Outlook

Pros

Great company and people, great benefits. Great location.

Cons

Awful sales model. Only the top few reps that have been there forever get good leads. Everyone else gets stuck answering awful direct mail calls from people that don't even own a car and aren't looking for a warranty. If you are new or not their favorite you will make NO COMMISSION. You can't "earn your way up" to dealer leads because your conversion rate is so low from the awful direct mail calls! And the product is too expensive. Most consumers don't care about value. They call for a quote and then hang up when you give them the price before you can explain why it's more expensive than others. And the only chance to make any good commission requires tons of overtimes. No work/life balance for poor commission.

avatar
CARCHEX Response
6y
Thank you for taking the time and effort to provide us with some insight about your experience working at CARCHEX. While it’s difficult to hear that you don’t believe that the CARCHEX sales model is working for you, we wanted to help address your concerns. Looking at the metrics for the month of August, the most recent available, there are a few things that you have claimed that are simply inaccurate. Over 80% of the sales team (which includes Specialists within their first month of employment) successfully hit the monthly bonus of at least $1,500 with many Vehicle Protection Specialists making much more on top of their commission from sales. In fact, the average bonus for a Vehicle Protection Specialist was $4,000 for the month with a high payout of $8,300. In addition, the average Vehicle Protection Specialist is earning an average income of over $85,000 per year. In regard to the second part of your feedback around the leads and product pricing, we believe we have set up a fair playing field for all Vehicle Protection Specialists. For example, we are proud that a new employee, who just recently graduated college, was able to become a top 5 Vehicle Protection Specialist in only his second month of employment. As for pricing, we are competitively priced in the marketplace and offer many ways to help consumers pay for their Vehicle Protection Plans over time, without charging our customers interest or requiring a credit check. We have and always will sell value provided, not just to be the lowest price on the market. Our conversion rates to sale have been extremely consistent over the past 2 years and our Vehicle Protection Specialists are earning more than ever before. As a current employee, we do hope that you take advantage of our on-going training and call reviews in order to improve your sales, product knowledge and time management skills to help you earn more money. We remain available to help and welcome your feedback on this site or in person. We’re always here to help you achieve your personal goals but that also takes commitment from you. Blaming lead quality and pricing which has not changed in two years for your personal results is much easier than doing the work it takes to be successful. Let’s work together to help you improve, we look forward to diving in!
5.0
May 30, 2019
Recommend
CEO approval
Business Outlook

Pros

I worked here from 2014-2017 and loved it. I only left because the company was taking a step back to increase its longevity. I worked in 3 other areas of sales for a year and then I came back to Carchex in December of 2018. I have been here for 6 months now. I will definitely be making 6 figures this year (over halfway there already) and I dont work overtime. They've got the sales and customer service system down to a fine science. I love being here.

Cons

Working without enough sleep is the only tough part of this job

4.0
Sep 17, 2018

Vehicle Protection Specialist

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Awesome management, great focus on health, good commission, always changing with industry. This company is great at trying new things to stay ahead of the competition.

Cons

you need to grind a little hard to be really successful

Viewing 58 - 60 of 94 Reviews

Glassdoor has 94 CARCHEX reviews submitted anonymously by CARCHEX employees. Read employee reviews and ratings on Glassdoor to decide if CARCHEX is right for you.