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What if the dealer says you must finance the car through the bank that you cant pay the full amount right away because then he wont get his commission is this true?
Wiki User
∙ 17y ago
get upset and demand to deal with the sales manager. money talks, and your salesman is being greedy. if you pay a penny more than dealers invoice then you are not using your moneys power to its full extent.. flash the cash and if they dont suck up in a big way threaten to take your business elsewhere. commissions and doc fees and all the other ways they come up with to drain money out of you is for the people in a low bargaining position, you are sitting in the drivers seat in this deal so tell "them" how it is going to be.
Wiki User
∙ 17y ago
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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.
Amount you are paid based on amount you sell?
Commission
How do you find the total money amount made when you are given a percent commission and a dollar amount?
Multiply the dollar amount by (1/100) of the percent commission.
What is the formula for getting the commission?
You multiply the commission rate (the percentage, divided by 100), by the amount for which you are supposed to get commission.
Are sales commission checks taxed?
All gross worldwide income is reported on your 1040 income tax return and subject to income tax at your marginal tax rate. Does the issuer of the commission checks withhold any amount from the gross commission before the NET commission take home paycheck is issued to you. Are is the commission check made out for the gross amount of the commission and how will this commission amount be reported to you and the IRS at the end of the year. Will the amount be included on your W-2 form in the box 1 Gross wages, salaries, tips, etc. Or will you and the IRS be receiving a 1099-MISC for the gross commission amount.
What does commission rate mean in math terms?
the term commission means the amount of money you earn
What is the definition of commission in math terms?
In math terms commission is the amount of money a salesclerk receives on a sale. A salesclerk receives a commission with their salary.
What does net of commission mean?
"Net of commission" basis is where the quoted premium is reduced by an amount proposed to be the insurance agent's (or insurance broker's) commission.
The dollar amount that is paid for the credit?
finance charge
What is apu mean in finance?
Amount per unit
What is the sales commission based upon?
The total value of sales made. The commission is a percentage of that amount, paid to the salesman.
Is a sells commission a variable expense?
If amount of sales commission is fixed and not base on number of units sold then it is fixed expense and vice versa.
