Most dealers pay their salespeople a 25% commission rate, which is based on gross profit minus a pack fee. A pack is usually a few hundred dollars, but can also be a percentage. You sell a used car for more than the cost. After pack, the commission rate is 25%.
What is the highest paying job in a car dealership?
- Yearly Salary Weekly Pay is the job title.
- The general manager of the dealership was paid $126,765.
- The RV dealership general manager made over $114,000.
- The controller of the automotive dealership.
- The controller is $85,885.
Can a car salesman make six figures?
The sky’s the limit. You can make six figures a year if you can sell 20 or 25 cars a month. Most salespersons don’t sell 25 cars per month, and holding gross on a new car is almost impossible these days.
How much does a salesman make per car?
25% of the gross on each vehicle is earned by a salesperson who sells one to seven cars per month. A salesperson who sells 8 to 10 cars a month earns 30% commission. The commission was earned from 11 to 14 cars a month. The car salesman commission rate is 40% for 15 cars and over.
How much money does a car salesman make per sale?
The commission is calculated based on the profit the dealership makes from the sale of a car and the salesperson earns around 12% of each sale. Every month car salespeople give a sales quote of 8 to 12 cars.