Entry-level car salesmen can expect to make $28,000 per year, according to CareerExplorer. Senior-level car sellers make around $46,000 per year, while mid-level car salespeople make around $35,000 annually. Less than 10% of car salesmen will make more than $65K a year.
Do car salesmen make good money?
Most car salespersons don’t make a lot of money. Dealership salespeople make an average of 40k per year, and average about 10 car sales a month. Used cars can sometimes pay more than $1,000 in commission, while new vehicle sales rarely pay more than $300.
How much do car salesmen actually make?
- Yearly salary wage.
- Top earning people are $79,500.
- The 75th Percentile is $55,000.
- Average is over 40 thousand dollars.
- The 25th percentile is $23,000.
Is it worth being a car salesman?
If you are willing to put in the work and get better at selling, there is a chance of a decent payoff. Even though car salespeople don’t get paid as much, they are still able to make a good amount of money.
How much does a car salesman make on a $30000 car?
If the invoice cost of a vehicle is $30,000, then the normal 5-percent profit would be $1,500 and the 25-percent sales commission would be $375.
How much do car salesmen make per car sold?
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. Each month, car salespeople give a sales quote of 8 to 12 cars.
How much do car salesmen make base pay?
The pay scale for most car sales consultants ranges from $23,574 to $95,627 annually, with the median salary coming in at $39,903. Put the work in with a successful dealership and you could get six figures.
How much profit do car sales make?
Front-end gross profit is the difference between the invoice and the selling price. The percentage is usually around 20%. The salesperson would make around $200 if the vehicle was sold with a $1,000 front-end profit.