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Ofcourse it would depend on the amount of profit that a vehicle generates. Most new car sales commitions are know as minis. Refering to the minimum amout that the dealership will pay its employees for a sold unit. This can range from $100 to $250, some may pay even more to keep its sales force happy in their job. Customers don't typically understand that the profit margin in new vehicles is slim to none. With such a competitive market manufactures can't afford to overprice their inventory.
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What is commission for a new car salesman?
New car salesmen usually only make $200 per sale. It varies from dealership to dealership. Car values also play into the commission. A BMW salesman will make more than a Honda salesman.
Where can I purchase a new truck for sale?
You can check your local car dealerships and find the best deal on a new truck. The staff will be more than happy to help you as they work on commission.
What is the commission on a sale valued at 150000000.00 and the commission is 0.075 percent of the value of the sale price?
The commission on the sale is $112,500.00
What kind of commission do sellers of used cars generally receive?
Most dealers pay you a 20%-35% commission on the GROSS profit (not the total sale of the car), which means that if the dealership was in the car $17,500, and the car sold for $20,000, they'd get 20% of the $2500 between the invoice price and the sale price = $500.
Is the commission percentage earned on a new auto sale better than on a used model?
The commission percentage on a car sale depends more heavily on the type of vehicle and selling price. Typically newer auto sales carry smaller percentages, but much larger payoffs due to the high price of the vehicle.
What is commission based on value of sales?
A commission is a percentage of the sale the salesman receives as compensation for the sale.
Is a percent amount that a salesperson makes for a sale?
A percentage commission. Commission can also be a flat rate commission - a fixed amount for every sale.
How much do car salesmen get paid?
Most car sales people make minimum wage for the area that they are in. HOWEVER, this is if they are not selling anything. When they make a sale, they get commission on the sale and that can add up to some pretty good money.
What is commissionong?
A commission is a percentage of the sale of an item. Most people in car sales or real estate get a set wage PLUS a commission on everything they sell. Eg. A car sales person might get a commission of 10% on every car he/she sells. So if the sell $10,000 of cars in a week, they would get an extra $1000 on top of their set wage.
Can you cancel a new car sale in south Australia?
no
What is the new car sale tax in Arkansas?
6%
A real-estate agent earned a commission of 4300 on the sale of an 86000 house. Which statement below identifies a commission that is at the same rate?
A commission of $2,600 on the sale of a $52,000 house.
