How Does A Car Sales Person Make Money 132 votes 172 comments true Your friend only knows the car business post pandemic You don t need a whole lot of talent right now to earn very good money
The estimated total pay for a Car Salesman is 69 478 per year in the United States area with an average salary of 47 534 per year These numbers represent the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users The estimated additional pay is 21 944 per year I am a commissioned salesperson I get paid a commission every time I sell a car My commission is a percentage of the profit At the dealership where I work I get paid 25 percent of the front
How Does A Car Sales Person Make Money
How Does A Car Sales Person Make Money
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Entry level car salesmen earn around 28 000 annually while senior level car salesmen can earn over 45 000 annually However most car salesmen work on commission earning a portion of the profit that s made from the sale On average this is 25 of the dealership s profit plus a small amount on any extras that are sold According to CareerExplorer entry level car salesmen can expect to earn around 28 000 per year Mid level car salespeople will average around 35 000 annually while senior level car sellers earn around 46 000 per year Fewer than 10 of car salesmen will earn 65 000 annually or more But for those who are great at it the sky s the limit
To put it in perspective a luxury car salesman s salary averages about 84 823 per annum a used car salesman s salary is 38 100 per annum in the US Take a look at the following table showcasing the average salaries of luxury car salesmen based on different automobile companies AUTOMOBILE COMPANY AVERAGE SALARY Here are 15 pros of being a car sales professional You can work with people Being a car salesperson allows you to spend your days working closely with other people both customers and your sales team This can be a good position for outgoing or people oriented professionals looking for fast paced work
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Salespeople get paid on the net profit for each car they sell and even then they only make a percentage of that profit which is typically 25 percent But it could range from 20 to 30 percent depending on the dealership s pay plan The net profit is the difference between the invoice price the dealer s cost of the car and the actual If this turns out to be an average month then as a car salesman I ll be making about 36 838 this year Not too bad but not Bill Gates territory not by a long shot The thing I find most
How Car Salesman Commission is Calculated Depending on the car dealership a salesman can earn anywhere from 15 to 40 of the front end gross profit after pack The pack is a set amount between 250 and 750 or higher depending on the dealer This money is set aside to keep the lights on at the dealership An average salesperson and by average I mean someone who sells around 8 cars a month will make between 3 000 to 4 000 a month Above average sales people those selling between 10 to 12 cars a month will earn somewhere between 4 000 to 6 000 a month Selling 8 to 12 cars a month certainly isn t going to make you rich but it can
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How Does A Car Sales Person Make Money - According to CareerExplorer entry level car salesmen can expect to earn around 28 000 per year Mid level car salespeople will average around 35 000 annually while senior level car sellers earn around 46 000 per year Fewer than 10 of car salesmen will earn 65 000 annually or more But for those who are great at it the sky s the limit