Average Commission For Car Salesman

This estimate is based upon 7 Honda Car Salesman salary report s provided by employees or estimated based upon statistical methods. Some dealerships have a minimum commission of.

How Much Commission Does A Car Salesman Make And How Much Comes From Your Wallet Apple Ford Apple Valley Blog

It goes on to say that salary can range from 38K to 55K while commissions can range from 10k to 54K.

Average commission for car salesman. At my dealership the average commission is around 550 a car. New cars typically have a flat for the commission but you can make money on up sells like wheel and tire package. Car Salesman salaries at Honda can range from 926 - 4521 per month.

Many dealers admit they make more money per unit selling used vehicles than new vehicles. For a car salesman or saleswoman the typical wage is low at about 2000 per month. I have seen auto dealership sales commissions that pay anywhere from 20 up to 40 commission which is solely up to the dealership management and owners.

If we break that down even more the bottom 10 are earning an average of hourly wage of about 870 an hour and the top. Thats new and used combined. Dealers may spend 700 to 1000 to recondition and clean up a.

Pack is usually a few hundred dollars 800 but can also be a percentage. The average commission is about 25 of the gross profit made on the sale of the vehicle. Visit PayScale to research car salesman salaries by city experience skill employer and more.

For example if the dealership made a profit of 1600 the salesperson would make 400. When you divide that by 60 to 90 hours a week its nothing Smith agrees citing an average. You sell a used car for 3000 over cost.

So if youre an average salesman and you sell 10-12 cars a month which is the national average and each. The cream rises to the top. The average salary for a Car Salesman is 41539.

When I do finally sell a car I might make a minimum commission which at my dealership is 125. A salesperson who sells eight to 10 cars per month earns 30 commission per car. Salesman typically never know the real numbers becuse the used cars have packs in the cost.

That means that 30 of your front end profit or 1500 equals 450. Also depending on how much research and technical knowledge required a larger commission will make you competitive. When factoring in bonuses and additional compensation a Car Salesman at Honda can expect to make an average.

For 15 cars and over the car salesman commission rate is 40 per car. Most car salespeople make a 25-percent commission on gross profit minus a small pack fee This fee is typically around a few hundred dollars. 51 rows Wyoming beats the national average by 61 and New York furthers that trend with another 7816 191 above the 40935.

286 rows Lets take a little closer look at these numbers about how much do car salesmen make. The typical Honda Car Salesman salary is 2917 per month. A salesperson who sells one to seven cars per month can earn around 25 of the gross on each vehicle.

How car salesman commission is figured on a car deal Depending on the car dealership a salesman can earn anywhere from 15 to 40 of the front end gross profit after pack. The commission rate is 25 after pack and pack is 800. All in all the typical car salesman pay usually adds up to about 250 or 300 per car.

The profit amount is also different among dealers. Significantly New York has a very active Car Salesman job market as there are several companies currently hiring for this type of role. If we break this down a little further the bottom 10 of car salesmen car saleswomen included are earning about 18000 a year and the top 10 are earning about 75000 a year or more.

For an example we will use a 30 rate. From 11 to 14 cars per month the commission earned is 35. The pay structure is based almost entirely off commission and bonuses.

Most dealers pay their salespeople a 25 commission rate which is based on gross profit minus a pack fee. Commissions on new car sales vary from one dealership to another but the usual range is from a 20-to-30 percent of the profit. Pack is a set amount between 250 and 750 or higher depending on the dealer.

The typical commission rate for sales starts at about 5 which usually applies to sales teams that have a generous base pay. Typically on used cars 15-20 the Profit witch can be different at every location. For sales reps that work on commission-only though they tend to be larger.

How Much Do Car Salespeople Actually Get Paid