CarFive Salary

As of August 2026, the average annual salary for employees at CarFive in the United States is $101,725. This translates to an approximate hourly wage of $49. Salaries at CarFive typically range from $89,464 to $115,025 annually, reflecting the diverse roles and experience levels within the company.

How Much Does CarFive Pay for Different Roles?

Explore detailed salary information for specific jobs at CarFive. Based on our data, the highest paying job is the Customer Service, with an annual salary of $40,588. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at CarFive

Ready for your next career move? Explore current job openings at CarFive. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is CarFive’s Pay Competitive? Salary Benchmarking Analysis

How does CarFive's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Alloplex Biotherapeutics Inc $101,725
0.0%
Suggests Alloplex Biotherapeutics Inc utilizes a highly similar base-plus-benefits compensation model.
Speedboard USA $94,742
-6.9%
Typical compensation structure for smaller regional agencies like Speedboard USA.
Great Lakes Auto Group $83,203
-18.2%
Great Lakes Auto Group operates with a leaner overhead structure, impacting base wage offers.
Wendy's Yorkies $84,764
-16.7%
Wendy's Yorkies focuses strategically on recruiting and training entry-level apprentices.
Retail & Wholesale Industry $123,318
+21.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at CarFive

Considering a career at CarFive? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Work-life balance is respected, making it a great long-term career option. Competitive pay and good employee discounts. The company offers good benefits and focuses on employee satisfaction. The company provides decent benefits. The office environment is clean and organized.
Feels like a progressive workplace. This company provides a dynamic workplace with a strong focus on teamwork. A standard retail job with good structure.
Hours fit my schedule well. The scheduling system is flexible, accommodating personal needs when possible. While the workload is manageable, some processes could be streamlined for efficiency. The benefits package is a big plus. A solid employer in the industry. I’ve had a great experience and appreciate the opportunities here.

CarFive Overview

Website
www.carfive.com
Founded In
2016
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
296 Highland Ave Salem Massachusetts MA 01970
Revenue
<$5 Million
Phone Number
+1 7815903393
Social Media
About CarFive
Since opening, we have grown to stock over 100 vehicles and have been fortunate to have sold over 1,500 vehicles to our customers nationwide. At the beginning, our goal was to be the most affordable car dealership in the North Shore area; the name "CarFive" meant we only offered cars that were priced at $5,000 or less, but that didn't mean we skipped on our core values of quality and exceptional c

What Benefits Does CarFive Offer Beyond Salary?

A competitive compensation package is more than just a salary. CarFive offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Salem?

Understanding the cost of living near Salem is key to truly evaluating a salary offer or your current compensation at CarFive.
Salem's Cost of Living Index is approximately 130.5 (30.5% more expensive than US average; 1.6% less than MA average). Historic North Shore city, tourism, housing costs high. MBTA bus/Commuter Rail, Ferry. When planning your budget based on a salary from CarFive, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of CarFive salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA pass varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,510 - $5,370+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of CarFive

1. What is the average salary for employees at CarFive?

The average annual total compensation for employees at CarFive is approximately $101,725. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,464 to $115,025, depending on factors like job role, experience, and location.

2. How much does CarFive pay compared to Alloplex Biotherapeutics Inc?

The average annual salary at CarFive is $101,725, or an hourly wage of $49, in comparison to Alloplex Biotherapeutics Inc which pays $101,725 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at CarFive?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at CarFive for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does CarFive offer cost-of-living adjustments (COLA) for employees in high-cost areas like Salem?

While some companies offer formal COLA, many, including potentially CarFive, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at CarFive?

Most companies, likely including CarFive, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.