- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How many sales per month should a car salesman make in order to make
Posted on 8/25/17 at 12:30 pm to TigerSaints318
Posted on 8/25/17 at 12:30 pm to TigerSaints318
quote:
Average commission on a new car is a minimum commission of usually $100-200. Gross could be higher on used to make some more. But a $1,000 commission would be a huge outlier.
Average car salesmen sell about 10-12 cars/month. You can make a decent living off that. Good ones can sell 20 plus and make a good living. If you've been doing it a long time anywhere and can follow up you should be selling 20 a month without having to take ups.
So it's not a percentage of selling price?
Since their commission is not based on selling price and you appear to be in the know, would offering the salesman a cash (2 -3 hundred), off the books gratuity if you end up buying from him be an effective strategy to actually get a great deal on a new car?
This post was edited on 8/25/17 at 12:31 pm
1
Posted on 8/25/17 at 12:47 pm to Willie Stroker
Thats correct. Salesmen get paid off the gross, selling price-cost. Which most of the time on new vehicles results in a minimum commission.
Unfortunately, cash on the side to a salesman likely wont get you anywhere. In most places a salesman has to get the numbers from a manager.
Unfortunately, cash on the side to a salesman likely wont get you anywhere. In most places a salesman has to get the numbers from a manager.
Posted on 8/25/17 at 1:29 pm to TigerSaints318
quote:
a minimum commission of usually $100-200. Gross could be higher on used to make some more. But a $1,000 commission would be a huge outlier.
If you sale 20 cars a month at $200.00 a car = $4,000 a month working 70 hours a week plus every Saturday and late evenings
$16.00 an hour, I assume no benefits and you never see your family
$32,000 a year - not enough to be on the OT
Posted on 8/25/17 at 1:33 pm to keakar
quote:
the way i understand it, they make around $100 commission per sale
FIFY
Posted on 8/25/17 at 1:36 pm to keakar
quote:
$500-$1000 commission
There aint no way. Most likely a percentage of the profit. Hence why the have to run everything by the sales manager (i.e. the keeper of the margins)
Posted on 8/25/17 at 1:37 pm to Broham
Spoke with a young guy who worked dealership finance in Houston and told me at dealerships like Greenway Plaza Mercedes etc. that those dealerships are considered the "Major leagues" and salesmen have to bring a solid resume and most restrictive of all get hair drug tested, but they all make 6-figures+
Posted on 8/25/17 at 1:51 pm to The Torch
If you're selling 20/month. You will have some good grossing used vehicle sales in there, so you're average will be a good bit higher than 200 per unit. Also, most everywhere will have a bonus plan for higher volume, which 20 would probably hit a couple bonuses. If you're averaging 20/month you are probably around 100k. Dealerships do have benefits. We cover 90% of the employee's health care and have a matching retirement plan. You're right about the long hours though.
Posted on 8/25/17 at 2:02 pm to OysterPoBoy
Former car salesman
New and used is different
When I sold Nissan's the most u can make off a sale is at best 1300 or so. Most are going to be in the 100-300 range and a few will be mini deals (100 min per car sale)
But when u hit 10 sales all ur sales retroactive go from 25% to 30% that's abouy 500-1000 there then there is a 1000 bonus at 20 sales
Most I made selling new cars I sold 32 cars one month and made 7500 one month
Used cars there is more mark up u got stupider clients with shite credit who are just happy u can get them in a car. I sold a jag s type and made 4300 once.
I used to do tent sales on the east coast of Florida only worked fri-sunday and the most I made in a month was 23,500.
New and used is different
When I sold Nissan's the most u can make off a sale is at best 1300 or so. Most are going to be in the 100-300 range and a few will be mini deals (100 min per car sale)
But when u hit 10 sales all ur sales retroactive go from 25% to 30% that's abouy 500-1000 there then there is a 1000 bonus at 20 sales
Most I made selling new cars I sold 32 cars one month and made 7500 one month
Used cars there is more mark up u got stupider clients with shite credit who are just happy u can get them in a car. I sold a jag s type and made 4300 once.
I used to do tent sales on the east coast of Florida only worked fri-sunday and the most I made in a month was 23,500.
Posted on 8/25/17 at 2:05 pm to vengeanceofrain
You make 25% of the markup until u sell 10 then it goes to 30%
Some cars on the lot have special if u sell them u get a bonus
Some cars on the lot have special if u sell them u get a bonus
Posted on 8/25/17 at 2:09 pm to vengeanceofrain
U guys don't know shite about car lots lol
Every dealer has a designated internet sales guy. You people buying online and shite are only dealing with him he knows he isn't going to make profit and will sell 30-40 a month and hit bonuses. All u smart internet sales guys go to one person. As a salesman I only deal with ups
Every dealer has a designated internet sales guy. You people buying online and shite are only dealing with him he knows he isn't going to make profit and will sell 30-40 a month and hit bonuses. All u smart internet sales guys go to one person. As a salesman I only deal with ups
Posted on 8/25/17 at 2:14 pm to The Torch
quote:some interesting math in here
If you sale 20 cars a month at $200.00 a car = $4,000 a month working 70 hours a week plus every Saturday and late evenings
$16.00 an hour, I assume no benefits and you never see your family
$32,000 a year - not enough to be on the OT
Posted on 8/25/17 at 2:33 pm to OneMoreTime
I'm an IT admin for an Auto Group. My brother is a salesman.
You get 25% of profit if the deal makes over $1500. Under $1500 profit is a mini deal $100.
At 10 you get an extra 5% as stated above. At 13 you get another 5%. At 17 you get another 5%.
My brother also gets $100 on a pre-paid credit card for every new Kia he sells. That money is from Kia directly.
Aged units also will have a $100 to $500 bonus depending on how old they are.
Salesmen have money coming in from everywhere.
You get 25% of profit if the deal makes over $1500. Under $1500 profit is a mini deal $100.
At 10 you get an extra 5% as stated above. At 13 you get another 5%. At 17 you get another 5%.
My brother also gets $100 on a pre-paid credit card for every new Kia he sells. That money is from Kia directly.
Aged units also will have a $100 to $500 bonus depending on how old they are.
Salesmen have money coming in from everywhere.
Posted on 8/25/17 at 2:37 pm to TigerSaints318
quote:
In most places a salesman has to get the numbers from a manager.
So cash to the manager and/or skip the sales talk and deal with the manager.
Posted on 8/25/17 at 2:43 pm to cypressbrake3
I sold Toyota for 6 months and Dodge for a year. I sold more Toyotas, but made more at Dodge because the domestics had more markup. We had a $200 minimum plus Chrysler spiffs. Never again will I sell cars though.
Posted on 8/25/17 at 2:47 pm to LSUlefty
dodges are the best. damn near every car has rebates. that's the only bnew car you can relaly make money off of. if you don't give them the rebate lol it's like selling a used car lol.
if you can sell you can make money selling anything. i quit because of the culture, the hours and i was training myself to be a progarmmer and only started selling cars to learn how to sell
if you can sell you can make money selling anything. i quit because of the culture, the hours and i was training myself to be a progarmmer and only started selling cars to learn how to sell
Posted on 8/25/17 at 2:54 pm to vengeanceofrain
quote:
if you don't give them the rebate
Will get someone in a boat load of trouble with the manufacturer. I don't know what time period you were selling, but FCA audits the hell out of their dealers to make sure stuff like this doesn't happen.
Posted on 8/25/17 at 3:01 pm to cypressbrake3
quote:
Id rather be a garbage man
This
Posted on 8/25/17 at 3:11 pm to cypressbrake3
There is more honor in being homeless, or a crack dealer.
This post was edited on 8/25/17 at 3:13 pm
Posted on 8/25/17 at 3:27 pm to King
So about $500/car, per your numbers.
Posted on 8/25/17 at 3:28 pm to TheFonz
It's the Sales Managers that are the assholes.
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News