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re: Looking to get out of Car Sales, any advice?

Posted on 12/5/23 at 11:03 am to
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6858 posts
Posted on 12/5/23 at 11:03 am to
quote:

have a friend that was previously a pilot, but the schedule was hard on the family, then the economy went to shite in 2007 and he'd work a few months, then get laid off. He wanted the security of steady hours, a steady paycheck, and no traveling. He's been a cop for about 12 years now and is doing well as a detective.


Bet he is pissed now that the new contracts can have senior pilots making upwards of $500k
Posted by ThatTahoeOverThere
Member since Nov 2021
4214 posts
Posted on 12/5/23 at 11:09 am to
You asked

quote:

How many cars do you have to sell a year to even make $75k a year?

50-60 cars?


I told you what 50 cars a year would get you based on new car fronts from my experience. If you only sell new cars and you only do 50 cars a year you need to find another job. I sell new and used. Used usually have a bigger front gross. Also, I'm not factoring in trades. The more you hold back on the trade the more front you can make. I averaged 4250 front gross and I sold 127 cars. I also get a bonus of 30% commission for next month if I sell 15 or more in a month. For simplicity sake take 4250 x .25 = 1062.50 x 127cars = 134,937.50 in commission. Then you add whatever you made on the back which can run on average about 100.
Posted by No Colors
Sandbar
Member since Sep 2010
12200 posts
Posted on 12/5/23 at 11:09 am to
quote:

What you selling? I have some ideas and am assuming you are not in LA.


Flooring and home accent products. Siding, barn wood, shiplap, etc. Based in Memphis and we are a wholesaler selling to retailers all over the country.
Posted by X123F45
Member since Apr 2015
28764 posts
Posted on 12/5/23 at 11:25 am to
quote:

quote:
surplus of big time commission

How many cars do you have to sell a year to even make $75k a year?

50-60 cars?


The kid I've bought 90% of my offroad toys from for the last few years bought 45 acres from me last year.

Almost 100k of it was physical cash.

I'd say he does okay.
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6858 posts
Posted on 12/5/23 at 11:39 am to
So he bought your land with your money?
Posted by madamsquirrel
The big somewhere out there
Member since Jul 2009
53558 posts
Posted on 12/5/23 at 11:43 am to
Impressive that such a big outfit wants actual proven salespeople and not kids with degrees or salespeople who happen to have a degree in something unrelated they have never worked in
Posted by CMBears1259
Baton Rouge
Member since Sep 2005
4516 posts
Posted on 12/5/23 at 11:52 am to
quote:

Those are some of the highest profit centers for dealerships

Don’t care about this.

quote:

Unless you think hitting curbs is a sport, I'm not sure how anyone gets any value out of those plans.

I don’t, but I’m on the road a lot (sales lol) and there are more road hazards than just curbs that can frick up tires. The tire/wheel warranty has paid for itself multiple times over.
Posted by X123F45
Member since Apr 2015
28764 posts
Posted on 12/5/23 at 12:06 pm to
quote:

So he bought your land with your money?


I don't pay over cost... So that's unlikely. He's made spiffs I'm sure.

But he's mainly just been the guy who does the paperwork when I show up, and makes sure it's clean before I load it.

Good kid.


Eta: I did technically pay above cost in 2022, but I got the last one available in the state... I checked.
This post was edited on 12/5/23 at 12:11 pm
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6858 posts
Posted on 12/5/23 at 12:10 pm to
I'm just giving you a hard time
Posted by X123F45
Member since Apr 2015
28764 posts
Posted on 12/5/23 at 12:11 pm to
quote:

I'm just giving you a hard time


I know. But no one is punctual for meetings these days

Kids these days....
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6858 posts
Posted on 12/5/23 at 12:12 pm to
quote:

I don’t, but I’m on the road a lot (sales lol) and there are more road hazards than just curbs that can frick up tires. The tire/wheel warranty has paid for itself multiple times over.


I just can't make the math work on these. My last Audi they tried to sell me some wheel/tire thing and it was something insane like $80 a month. I could replace a tire every other month and still break even compared to that plan. Plus many retailers (Discount, Sam's, etc.) and tire companies have warranties that help cover the cost of replacements should you have an issue.
Posted by A Menace to Sobriety
Member since Jun 2018
31822 posts
Posted on 12/5/23 at 12:13 pm to
If I was Loomis, I'd hire you as OC immediately. You don't even have to know any football, cuz you couldn't be any worse than the current OC.
Posted by TimeOutdoors
LA
Member since Sep 2014
12907 posts
Posted on 12/5/23 at 12:29 pm to
quote:

Any advice on what career path to move forward with after escaping the clutches of the car business?


Start Podcast/Instagram with car buying tips car salesman don't want you to know.
Posted by SwampGar
Texas
Member since Jan 2020
1374 posts
Posted on 12/5/23 at 12:52 pm to
quote:

I was waiting on someone to post something like this. And I agree.

However, the OP isn’t selling exotic luxury cars



You can make over $200,000 selling Hondas or Toyotas, and maybe even other brands. All depends on your productivity and the pay plan.

Stop being an ar$e.
Posted by Tantal
Member since Sep 2012
17734 posts
Posted on 12/5/23 at 1:05 pm to
quote:

Bet he is pissed now that the new contracts can have senior pilots making upwards of $500k

If he wanted back into that industry, I doubt that it would be difficult. He was an Air Force pilot prior.
Posted by SwampGar
Texas
Member since Jan 2020
1374 posts
Posted on 12/5/23 at 1:05 pm to
quote:

Also customers are bigger liars than the salespeople


100% true. Buyers are liars.
Posted by Sidicous
NELA
Member since Aug 2015
18725 posts
Posted on 12/5/23 at 2:45 pm to
quote:

Man, I hate that, not my experience here in Alabama. Everywhere I cover has a shortage of CT and MRI techs


Might alert your local rad manager to the abundance here then. I'm sure any of the schools would love a hiring contact so they can keep churning out grads. Plus in order to fill the need for the "higher" specialties like CT and MR they are graduating ready to take the national certification exam at the same time for both basic and the advanced certs, eliminating a lot of waiting and precertification processing. ULM, NSU, Southern (Shreveport at least), just to name a few public colleges in N. La. all have programs and there are some Technical colleges around too.
Posted by AUriptide
Member since Aug 2009
7448 posts
Posted on 12/5/23 at 3:11 pm to
quote:

Any advice on what career path to move forward with after escaping the clutches of the car business?


My little bro sold them for two years and made good money, but things slowed down and he was working six days a week/70 plus hours.

He left and took a job at a local municipality for less money, but the benefits are awesome (free healthcare) and he knows what he is bringing home.

Try a job with a municipality, county or state, if you don't have a degree to fall back on.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 12/5/23 at 3:32 pm to
quote:

100% true. Buyers are liars.



The customer is always right
Posted by chrome_daddy
LA (Lower Ashvegas)
Member since May 2004
2320 posts
Posted on 12/5/23 at 3:46 pm to
Didn't read the whole thread so I don't know if you revealed your age. You have a degree, can you manage a career switch, even if it means being poor for a while and going back to school?

When I was about 21-22 I was in sales and making great money. But it was a grind and you started at zero every single month. I decided I needed make a change, moved to BTR, got my degree. I still had to work but went to school part time, didn't graduate until I was 27 as I had only myself to rely on. I'm going to retire next year.
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