HOW MUCH DO CAR SALES MEN MAKe?

Question

i know they get a commison but what is it based on the sale or the diffrence of the buyer seller cost

Answer 1

Everybody else is rigtht. You typically make a weekly or bi-weekly draw just to cover your expenses and a commission check at the end of the month which is adjusted from whatever your draw is. You can sometimes negotiate for a higher draw, but then you're expected to sell more cars to cover it. Most stores wll pay between 25-30 percent commission of the gross profit which is based on the difference between dealer cost and the sale price. You can also generate profit by under-allowing for your customers trade in. This is what you call front-end profit.

When your customers go to meet with the finace manager, whatever profit they generate is back-end profit. This includes markup on the interest rate, and any other product- warranty, service contracts, etc. Some stores will pay you a small percentage of this if you sell a certain number of units. Most dealers like Dodge, Chevy, Nissan, Toyota, and other value brands will hire you with no experience and pay you about 100 bucks for every new car, and they pay big bonuses for selling extra units. Some will do cash bonuses too. Good luck, it takes a lot of work to be successful but you can make a lot of money if you commit to it.

Answer 2

A base salary plus commission based on the difference between Invoice Amount, and Sale Amount.

The percentages will differ from company to company and would all be discussed at the time of job-offer.

Good Luck!

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Answer 3

It is based on whatever the salesman has negotiated witht the dealership. Every shop has a different deal. It depends on the markup etc.

Answer 4

New cars-not much
Old used cars $100-$500ea.
Late ones $300-$1200
Exotics $2000-$20,000. and that's sales person, not dealer!

Answer 5

between 35k to 80k a year. depends on how good you are and how many more used cars you're sellingthen new cars.