How Much Does A Used Car Salesman Make A Year How much commission does a car salesman make per vehicle That depends on the commission structure at the dealership and it s usually calculated based on volume ranging from 20 to 40 of gross profit For example The more you sell the more you earn incrementally
Pay 70K to 80K Annually Sales Representative Oshaii Marketing Chicago IL Pay 500 to 1 200 Weekly Sales Representative Fleet LLC Chicago IL Pay 31K to 32K Annually Sales Rep Ta Seti Inc Chicago IL Pay 35K to 85K Annually Factory Authorized Outside Sales Representitive Schaeffer Manufacturing Schaeffer s Oil Bolingbrook IL I have made nothing I am not compensated in any way for the time I just spent with you I just poured three hours down the drain Prior to getting into car sales I had always been paid a
How Much Does A Used Car Salesman Make A Year
How Much Does A Used Car Salesman Make A Year
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Car Salesman Salary What You Can Expect to Earn in Commission - YouTube
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How Much Commission Does a Salesman Make on a New Car?
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By Magnus Sell n Updated March 14 2023 Whether you are looking to start a new career or you are negotiating the price of a used or new car it helps to know what car salesmen are making How much do car salesmen really make whether it be through a salary or commission In this guide I evaluate the different pay structures for car salesmen 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 provide a steady income stream
3 The Trade In Trick Some dealers will make you think you re getting a good deal on your trade in value while ripping you off on the car you re buying A lot of times people come in to buy a car and they are focused on the trade in value of their current car says Simon Dealers know that So they lie about the trade value 83k The average salary for a Car Salesman is 41 539 in 2024 Base Salary 19k 83k Bonus 650 46k Profit Sharing 0 34k Commission 2k 62k Total Pay 20k 98k Based on 169 salary
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To put it simply the average car salesman salary in the US is 55 811 per annum However the salary of a car salesman depends on several factors especially one s skills as a sales representative Your salary will largely depend on how you pitch the sale to the customers and the number of cars you can sell in a month Again it will depend on the shop but a car salesperson will usually make anywhere from 20 to 30 of the profit from a used car sale So let s assume that the dealer paid 6 000 for a car that they re selling to you for 8 000 The salesman would keep 30 of the 2 000 the profit on the car or 600 Obviously if a dealer s margins are
The estimated total pay for a Used Car Salesman is 93 542 per year in the United States area with an average salary of 56 721 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 36 821 But it s safe to say that used car sales are the most profitable of all deals That s because as we explain in this video the margins on used cars are much higher than on new vehicles Statistics back this up According to the National Automobile Dealers Association NADA in 2017 dealerships made 2 3 percent of net profits on new cars
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How Much Does A Used Car Salesman Make A Year - 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