One salesman told me he makes $100 per vehicle he sells. Is this accurate? I know it’ll vary from location to location, and dealer to dealer, but the AVERAGE?
On a new car on average bout $250 add on’s extended warranty’s etc that is where big $$ is made and the salesman doesn’t see that.
Used cars are much better more profit can be made,Pay $2000 for a trade in and resale it for $8000 (done every day) the dealership takes out prep charges and service and and and then the salesman get a % of profit made. Then commission could be in the $500 to $800 range depends .
When I was a green pea (new salesman) I got $150 per sale no matter what the profit was… with a Base of $1500 a month (6 days a week 12 hour days) when I went straight commission I averaged bout $300 per car sold 12 to 16 cars a month. Most average salesperson will make $25k a year starting out and get up to $40k after a few years. BUT at a good dealership and with large amount of UP’s (customers) the average sales person will make $60 to 80K some will make over $100k but you have to have large volume of customers and sell 30 cars a month. That’s hard I have HEARD some sales people selling over 100 cars a month … never seen it…..