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re: Car dealerships

Posted on 2/26/23 at 6:07 pm to
Posted by DiamondDog
Louisiana
Member since Nov 2019
13218 posts
Posted on 2/26/23 at 6:07 pm to
I just bought a new vehicle last night. Worst deal of my entire life. I can't even read this thread it makes me so sick.
Posted by Tider13
Member since Jun 2020
983 posts
Posted on 2/26/23 at 6:21 pm to
quote:

If the average car salesmen gets 25% commission (just googled average commission) on a 50k truck.


You cant be this ignorant. It's 25% on gross profit which on a new Toyota is rough $2000 at sticker which is about $500. That's if the dealership doesnt have a pack that eats any of that up.
Posted by LemmyLives
Texas
Member since Mar 2019
15921 posts
Posted on 2/26/23 at 6:36 pm to
quote:

gross profit


Most of the respondents don't understand profit is not equal to sales price. There's a reason they (dealers) push bullshite nitrogen filled tires and window etching, because that actually is straight profit.

Anyone that has experience in the liquor business (and I'm guessing the car business) that understands how sales incentives work is not in this thread. Sell 12 warranties by the end of the year, get a golf cart, etc. Ignorance is bliss, especially in Louisiana.
Posted by doublecutter
Member since Oct 2003
7141 posts
Posted on 2/26/23 at 7:27 pm to
I have a frat brother that used to be a sales manager at a new car dealership. I remember him telling me once that he has 30 salesman. Ten are pretty much permanent, the real sales pros, ten are getting ready to see the door, and ten are just coming in the door.

He finally got tired of the rat race and opened his own used car lot.
Posted by DCtiger1
Member since Jul 2009
11755 posts
Posted on 2/26/23 at 7:35 pm to
God Damn you’re dumb
Posted by ultratiger89
Houston, Tx
Member since Aug 2007
3918 posts
Posted on 2/26/23 at 7:47 pm to
quote:

usually a flat rate of a couple hundred bucks


So I just paid cash for a 2023 Mercedes GLE 350 and that fricker still got commission?
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
75269 posts
Posted on 2/26/23 at 8:00 pm to
quote:

you just did it the old way that happened 15 years ago.


2015 and Motorhead sucks.
Posted by jcaz
Laffy
Member since Aug 2014
19272 posts
Posted on 2/27/23 at 6:35 am to
quote:

Most of this is basic marketing, namely starting with (urgency) consumers that make proclamations like, "we need to buy a new car this weekend."

Meh I’m in no rush but we eventually need a mom mobile for Mrs. jcaz. She’s narrowed it down and they have exactly what she wants on a lot nearby. 1.9% and 4K off sticker sounds like 2019 kinda numbers.
Posted by kennypowers
AR
Member since Mar 2009
626 posts
Posted on 2/27/23 at 7:31 am to
So do buy from them?
Posted by Flanders
Member since May 2008
9950 posts
Posted on 2/27/23 at 8:55 am to
quote:

So I just paid cash for a 2023 Mercedes GLE 350 and that fricker still got commission?
in my line of car sales, based off our commission structure, we lost money on cash deals.
Posted by BawtHouse
Member since Dec 2021
442 posts
Posted on 2/27/23 at 9:12 am to
quote:

If the average car salesmen gets 25% commission (just googled average commission) on a 50k truck


Bruh… lmao
Posted by Marciano1
Marksville, LA
Member since Jun 2009
20026 posts
Posted on 2/27/23 at 10:06 am to
Prices won't go down because idiots are willing to pay 90k for a boat, 80k for a truck, $400 for an ice chest, etc.
Posted by bhtigerfan
Baton Rouge
Member since Sep 2008
33577 posts
Posted on 2/27/23 at 10:11 am to
quote:

Prices won't go down because idiots are willing to pay 90k for a boat, 80k for a truck, $400 for an ice chest, etc.
fricking this!

You want prices to come down? Stop paying these exorbitant prices!
Posted by ThatTahoeOverThere
Member since Nov 2021
4956 posts
Posted on 2/27/23 at 10:33 am to
quote:

When can we make them pay? When will they get it? It’s like car salesmen want to live that 6 figure lifestyle now, when they rarely did before that. Looking at trucks and the prices are shameless. The most basic Tundra is 50k. Some one should tell the dealerships


Bruh
Posted by X123F45
Member since Apr 2015
29800 posts
Posted on 2/27/23 at 10:35 am to
quote:

If the average car salesmen gets 25% commission (just googled average commission) on a 50k truck. That’s 12.5k. That means if they sell 5 trucks a month they are making more than some CRNA’s or engineers. Insane…



Well you are a complete moron. We know that much.

I can only assume, and hope, your job is menial; and I also hope you don't have have to make any decisions...ever...for anything.
Posted by ThatTahoeOverThere
Member since Nov 2021
4956 posts
Posted on 2/27/23 at 10:36 am to
quote:

If the average car salesmen gets 25% commission (just googled average commission) on a 50k truck. That’s 12.5k. That means if they sell 5 trucks a month they are making more than some CRNA’s or engineers. Insane…


Posted by ccomeaux
LA
Member since Jan 2010
8184 posts
Posted on 2/27/23 at 10:36 am to
So you think the people you are alleging to be retarded are somehow banding together to fix the cost of used cars in their diabolical plot to screw you ?

LOL ??
Irony people , behold

This post was edited on 2/27/23 at 10:38 am
Posted by WhiteMandingo
Member since Jan 2016
7863 posts
Posted on 2/27/23 at 11:40 am to
That is Great great take.
Now your old car won't work and you need to get to yourself to your 6 figure job what do you do?
Also sale people don't set the prices.
And you truck and Suvs a re stupid high and people will dictate the market.
Posted by tigerbaiter
Member since Dec 2006
693 posts
Posted on 2/27/23 at 11:56 am to
Last vehicle we purchased had free oil change/tire rotation for the life of the vehicle.
Posted by CU_Tigers4life
Georgia
Member since Aug 2013
9404 posts
Posted on 2/27/23 at 11:58 am to
quote:

If the average car salesmen gets 25% commission (just googled average commission) on a 50k truck. That’s 12.5k. That means if they sell 5 trucks a month they are making more than some CRNA’s or engineers. Insane…



The average salesman doesn't make shite in todays market on new cars. Dealers whore out cars, in some cases at at loss, to earn monthly volume base incentives given by the manufacturer. Let's say a MFR will pay a dealer 1000.00 per car if they sell 500 cars in a month but you get nothing extra if you sell anything less. That's 500,000 non-commissionable extra money. Would you lose 25,000 in loading up on trade ins or taking some loser deals to make 475,000? Of course. The rub is the Salesperson usually gets paid on the gross profit of the sale and not the MFR's bonus money.

Sometimes the MFR will offer incentives for the salesperson but to be honest, sales people are cannon fodder unless you are one of the chosen "house mouses" which are the arse-kissers or buddies with the manager who give "house deals" to their pets.

Before the internet a salesperson could make pretty decent money but those days are over. People can now sit at home on their computers, and send quotes out to 5,10,20 different dealers looking for the biggest whore.

The car business has a big turnover in salespeople.
This post was edited on 2/27/23 at 12:00 pm
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