Tag Archives: Gross Profit
How much commission do car sales people make on new cars?
Hi I used to ba a car salesman for 3 years and my pay structure in $AUD was as follows: $525 debitable retainer ( if you sold nothing in a week then thats what you took home ) $175 per car PLUS 20% of the gross profit after the "lot" fee. So here’s an example … Continue reading
what do car salesmen make on a car sale?
there is the msrp price. and invoice price. however the dealer has to get the car way below invoice, right? Because if the sales guy gets a commission. and the deal needs to make money. so what do car salesmen make on a car sale? Each dealer has their own pay plan. MSRP and INVOICE … Continue reading
How much do car salesman make per sale as a new salesperson.?
depends but, usually as a new salesperson it will be something like 20% of gross profit with a $75-100 minimum. You would be suprised though that 20%dwindles fast, say the dealership owns the car for $10,000 and you sell it for $12,600. Your thinking great i just made $520. BUT, out of that $2,600 comes … Continue reading
How much does a car dealer make per vehicle sale on average?
I know it’s more on used than new but how much for each? 15% profit on a new car sale and 30% off a used is my guess. The profit margin on new cars has been getting smaller and smaller over the years. The manufactures do not want to raise the MSRP as much as … Continue reading