How Much Do Luxury Car Salesman Make Reddit 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
What does an average car salesman make 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 Desenski 7 mo ago Some lenders pay a small flat of 100 some have enhanced flats of up to 5 of the financed amount I know a lender that will do this even at buy rate so no markup required And other s pay between a 70 30 split to 80 20 split on the finance charge profit if marking the rate up allowed markup differs from lender to
How Much Do Luxury Car Salesman Make Reddit
How Much Do Luxury Car Salesman Make Reddit
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Most salespeople in franchised dealerships earn between 42 000 to 58 000 per year on average Top performers exceed 75 000 annually However some independent used car lots may pay as low as We would like to show you a description here but the site won t allow us
Weekly Car Salesmen Salary Weekly 500 week avg salary Weekly Income With Commission 1 708 Hourly Car Salesmen Salary Hourly 12 13 per hour How Much Does A Car Salesmen Make In examining the financial landscape of car sales in 2023 it becomes imperative to delve into the intricate details of a car salesman s compensation 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
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Updated Jun 6 2024 The estimated total pay for a Car Salesman is 125 722 per year with an average salary of 79 563 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 46 159 per year How much does a Car Salesman make in New York The average Car Salesman salary in New York is 111 055 as of June 27 2024 but the range typically falls between 95 811 and 128 792 Salary ranges can vary widely depending on the city and many other important factors including education certifications additional skills the number of years
A salesperson who sells eight to 10 cars per month earns 30 commission per car From 11 to 14 cars per month the commission earned is 35 For 15 cars and over the car salesman commission rate is 40 per car Taking into consideration an average car deal with 1 200 gross profit selling seven cars per month would earn the salesperson just We ve identified 12 states where the typical salary for a Car Salesman job is above the national average Topping the list is New York with Pennsylvania and New Hampshire close behind in second and third New Hampshire beats the national average by 6 4 and New York furthers that trend with another 7 266 18 8 above the 38 680
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How Much Do Luxury Car Salesman Make Reddit - Most salespeople in franchised dealerships earn between 42 000 to 58 000 per year on average Top performers exceed 75 000 annually However some independent used car lots may pay as low as