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Do car salesmen make a lot of money

do car salesmen make a lot of money

Top salespeople will still be needed to help guide buyers through the car-buying process. The amount that a car salesman makes is impacted by a number of factors that are tied to the dealership they work for. Do you think a lion sitting there in the veldt, who hasn’t eaten in days, looks up and spots an antelope grazing in the grass a few hundred years away and says to himself, «Naaah, I’ll let that guy go, and get the next one?

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Not really about 10 or 5 bucks dollars per vehicle. Sometimes even 2 dollars depending on the car wash. Some are cheap and some are expensive. All Rights Reserved. ,ot material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply. Hottest Questions. Previously Viewed.

These Days, the ‘Home Run’ Is Harder to Come By

do car salesmen make a lot of money
Commissions on new car sales vary from one dealership to another, but the usual range is from a to percent of the profit. The profit amount is also different among dealers. Two conditions account for this: sales that generate only «mini» commissions and the added cost of the dealer «pack. In theory, salespersons at new car dealerships work primarily on a commission basis, receiving to percent of net profits, with 25 percent being common. In practice, how much salespersons are paid and how they are paid can be more complicated. For example, most new car sales have two stages, the sale itself and the financing of the sale, and the salesperson’s commission is based on only the sale.

Car Salesman: My first 90 days!!!

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The rise in online sales doesn’t affect car sales consultantshowever, since most people still prefer to visit a dealership in person when contemplating a new car purchase. The median is the number above which half makee more than and half earned less. He relies on a little bit of psychological maneuvering to get people to take cover. The main job of a car salesman is to sell cars. Achieving any of these incentives can add additional compensation q the salesman. Not too bad. By Tony Owusu. I have to be really hot when I go out for winter storms.

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