Average pay of a car salesman

How much does a Car Salesman make? Salary ranges can vary widely depending on many important factors, including educationcertifications, additional skills, the number of years you have spent in your profession.

One of the most asked questions of anyone considering a car salesman career is how much do car salesmen make. My standard answer is that they make as much as they want to make because they work for a car sales commission. In other words their earnings are based on the amount of cars they sell, which is dictated by the specific pay plan that the dealership where they are employed uses to compensate their salespeople. That averages out to approximately 42 hours a week. Not what I would consider the average hours worked where car salesmen are concerned, but we will get into that later. If are wondering do car salesman get paid hourly you need to learn more about working on commission and the earning potential available to the car salesperson.

Average pay of a car salesman

If you're outgoing, relationship-oriented and possess the gift of gab, you might consider a career as a car salesperson. These individuals know a lot about the vehicles they're selling and have the type of persuasive selling skills that can overcome resistance and turn a "maybe" into a "yes. So, the more cars you sell, the more money you earn. First and foremost, you'll be selling cars. There are a number of tasks associated with this objective, including talking customers through the features of various models, taking them on test drives, negotiating the sale price and trade-ins, explaining options for warranties and financing and coordinating after-sales services, such as repairs and valeting. You'll also be responsible for preparing the paperwork associated with a sale. Outstanding customer service skills are essential for this job in order to enhance the buying experience for the dealership's customers. You'll also need solid persuasive skills to hit your sales targets and earn a good commission. There are no formal education requirements for this position, and most car salespeople enter the field with a high school diploma or GED. More important are a good work ethic and the ability to get along with a broad customer base. While some dealerships prefer experienced sales consultants, most appreciate that you have to walk before you can run and will train you for the job.

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Whether you are looking to start a new career or you are negotiating the price of a used or new car, it helps to know what car salesmen are making. How much do car salesmen really make, whether it be through a salary or commission? In this guide, I evaluate the different pay structures for car salesmen. I also examine some of the benefits that these salespeople can receive. There are so many factors that play into the total payment, so several areas must be looked at. The salesman makes a commission that is based on the profit made by the dealership. The employer figures the commission based on the gross profit, which is figured by taking the sales price of the car minus its costs. However, the pack fee also comes into play. The pack fee is what is set aside for the dealership, ensuring they get paid no matter how low the salesman goes with the car.

Average pay of a car salesman

Your salary will largely depend on how you pitch the sale to the customers and the number of cars you can sell in a month. The more cars you sell, the higher your income. Besides your skills as a salesman and the dealership company that you work for, location is another factor that comes into play while determining your salary.

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There were rarely spiffs, bonuses or incentives for the car salesman to sell more cars or reach a determined number of units for a bonus. Earnings Per Year required. Individualize employee pay based on unique job requirements and personal qualifications. Submit Other Responsibilities. San Francisco, CA. I will not publish any email addresses or anything that will identify you or your dealership. Similar Jobs to Car Salesman. Most of the working day is spent at the dealership, but you'll also be taking people out on short test drives. Average Total Cash Compensation Includes base and annual incentives. Purchasers ask every question under the sun, and you'll stand a better chance of making sales if you can communicate the benefits of the car properly.

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Find her at www. Choose Similar Job. Get a Salary Increase. To all of you car salespeople out there that are selling cars for a living please go to the bottom of the page and fill out the anonymous survey about how much do car salesmen make a year. With more online, real-time compensation data than any other website, Salary. While some dealerships prefer experienced sales consultants, most appreciate that you have to walk before you can run and will train you for the job. That is what you call a car sales professional and is definitely not concerned about the average commission for a car salesman. Skills Library. Individualize employee pay based on unique job requirements and personal qualifications. This will give other visitors to this car salesman website an idea of the earning potential of a car salesperson or lack of. ZipRecruiter - 84 days ago. Printing Salesman.