The minimum wage may be around the base salary of most car salespersons. The majority of their earnings are based on how much they sell. The percentage varies from dealership to dealership, but usually falls in the 20 to 25 percent range.
Can you make good money as a car salesman?
Most car salespeople don’t earn a lot of money. Dealership salespeople make an average of 40k per year. Used cars can sometimes pay up to $1,000 in commission, while new vehicle sales rarely pay more than $300.
How do car salesmen get paid?
The base salary of most dealerships is roughly minimum wage. 25% of the dealership’s gross profit on the car is typically earned by salesmen. That gross profit is more than you might think.
How much commission do car salesmen make per car?
A salesperson who sells one to seven cars per month can make 25% of the gross on each vehicle. A salesperson who sells eight to 10 cars earns 30% commission. The commission was earned from 11 to 14 cars a month. The car salesman commission rate is 40% for 15 cars.