How Much Does A Car Salesman Make On Commission Is 6 figures in car sales the norm EDIT 25M single no kids Currently in civil engineering with 78k salary in LCOL area central texas Seems like folks are making well over 100k in car sales without needing a college degree Considering switching industries 2nd EDIT Got a raise to 95k base with project bonuses could take me above
1 Photos 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 Ways Car Salesmen Get Paid 1 Fixed Salary In some cases salesmen are given a fixed salary Sometimes this is only provided while the salesmen are training while other dealerships prefer to pay this way The fixed salary could be paid hourly or weekly
How Much Does A Car Salesman Make On Commission
How Much Does A Car Salesman Make On Commission
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If you sell about 10 cars in a month and on average you make about 40k per year you will be earning 330 per car But that s just a rough estimate Other factors such as back end income and car sale quotas also come to play when determining a car salesman salary Entry level car salesmen can make around 28 000 annually mid level car salesmen can take home 35 000 per year and senior salespeople averages 46 000 yearly Few salesperson can make around 65 000 or more but that s about 10 of car salesman Great salesmen can earn even more by selling more
Work Careers Sales Jobs By Patrick Gleeson Ph D Updated June 29 2018 Commissions on new car sales vary from one dealership to another but the usual range is from a 20 to 30 percent Most car salespeople make a 25 percent commission on gross profit minus a small pack fee This fee is typically around a few hundred dollars All in all the typical car salesman pay usually adds up to about 250 or 300 per car Some dealerships have a minimum commission of around 125 per car How New Car Sales Commissions are Calculated
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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 The question of How much does a car salesman make encompasses various factors that contribute to their overall earnings Base Salary When a salesperson is on a commission only pay plan their check can fluctuate weekly or month by month depending on several factors including the salesperson s attitude weather economy time of year marketing by the dealership and other factors They will earn the same amount regardless of the sales conditions if they re on a fixed salary
A car salesman s commission can widely vary depending on various factors but generally they earn around 20 to 25 of the gross profit on each car sold On average a car salesman may earn 250 to 300 per car sold and can make 40 000 to 90 000 a year As of February 2023 the average annual pay for a Car Salesman in California was 38 862 per year which works out to be about 18 68 an hour This is equivalent to 747 week or 3 238 month The average pay range for a car salesman varies greatly which suggests there may be many opportunities for advancement and increased pay based on skill
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How Much Does A Car Salesman Make On Commission - Most car salespeople make a 25 percent commission on gross profit minus a small pack fee This fee is typically around a few hundred dollars All in all the typical car salesman pay usually adds up to about 250 or 300 per car Some dealerships have a minimum commission of around 125 per car How New Car Sales Commissions are Calculated