0
There are many different pay "schemes" for automotive salespeople. Some are salaried (very few and usually only the TOP sellers), some are on salary PLUS commission - others are on STRAIGHT commission (i.e. - no sales=no pay). "Commission" salespeople usually get a percentage of the sales price of the vehicle - often they can gain a percentage commission if they place a loan with a certain lender - they can gain commission by selling an extended service warranty - they can gain commission by selling additional features and options. Dealerships (new and used) are either independent or part of national, regional,. or local chains. All have varying pay plans.
What else can I help you with?
How much do Nissan car salesmen make?
Most car salesmen are paid on commission, depending on the number of cars they sold that month.
How is the size of a commission determined in car selling jobs?
The size of a commission for car salesmen is calculated by the profit of the vehicle. The salesman gets a percentage of the profit of the vehicle.
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.
How are salesmen rewarded for their car sales?
Most car salesmen work on commission, earning either a percentage of the vehicle price or a flat rate bonus for each vehicle sold. The salesman will likely receive close to minimum wage so as to be most incentivised by the commission bonus.
How much does a car salesmen make a month?
It depends on how good they are, what their commission rate is, and the value of the vehicles they're selling.
How much do car salesmen earn?
Starting out car salesmen make 1500-3000 a month , most are paid a % of the profit the Dealer makes. I A good salesmen can make 200,000 or even more in the right store. but most around 30,000 a year.
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.
How much does a sam ash guitar salesman make?
If I'm not mistaken, Sam Ash salesmen are paid on a commission basis, si it would depend on how much they sell.
How much money does a office supply salesman make?
Totally depends on the commission structure of the company, the position the company is in and how they feel like salesmen should be paid. On a 1 to 1 structure, an office supply salesmen selling 75k a month at 28% margin would make $5880/mo. however, on a straight line commission of 23% of GP dollars the No decent salesmen that has experience should make less than $40k/year selling anything B2B. If you are offered less, then take caution in how they value good salesmen.
What are the release dates for The Car Salesmen - 2009?
The Car Salesmen - 2009 was released on: USA: 20 December 2009
What actors and actresses appeared in The Car Salesmen - 2009?
The cast of The Car Salesmen - 2009 includes: Basil Masters as Guy Hardy
What are the normal benefits for a car salesman?
Benefits of car sales vary by state to state and from dealer to dealer. Some groups pay a flat salary. Most salesmen and women are on commission; as are their sales managers. Often there are bonuses called, "spiffs" or "spins" put out by the dealer or the manufacturer. In order for a salesperson to qualify for a manufacturer bonus they need to be qualified (normally from tests). Most manufacturers now use prepaid cards to load bonuses on. Generally the bonus one can expect from their manufacturer is under $400 ( per vehicle). When a dealer puts out a spiff this is motivation for a salesmen to sell an old age unit, or to sell hard to move units. In general a car salesmen who is on commission is paid a draw (ie: minimum wage). Some dealerships pay a low draw and make their salesmen beat their hours. Meaning if you dont sell any cars then you get minimum wage. If you beat your 120 hrs for two weeks, meaning your commission is higher than your total hourly wage for the two weeks then you get the difference from your commission - your hours. Some dealers allow sales people a demo car to drive, but not most, and not often.
