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How much do car salesmen make?
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kleinesarschloch
Senior member
the market. i highly doubt the manufacturer would take any more than they currently do. what would the point be? i think the car dealers represent a relatively useless and very costly link in the chain. if i were in germany when i had bought my GTI i would have picked it up at the factory, here in the states i payed a fat markup to the dealer. screw that.
Going from an incredibly honorable job as a teacher to becoming the piece of worm dung that is a car salesman... I hope you think hard about that concept.
I worked at auto dealerships for 10 years (as an mechanic) and had to deal with car salemen on a daily basis. I saw how they manipulated people every day, just trying to get an extra buck in their pocket. Car salesmen are the scum of the earth, imho. I don't care how much the job paid, I wouldn't do it in a million years.
Yes, I understand the pay of a teacher is nothing to brag about. But PLEASE take it from someone who had a miserable career... There's so much more to it than the money.
I worked at auto dealerships for 10 years (as an mechanic) and had to deal with car salemen on a daily basis. I saw how they manipulated people every day, just trying to get an extra buck in their pocket. Car salesmen are the scum of the earth, imho. I don't care how much the job paid, I wouldn't do it in a million years.
Yes, I understand the pay of a teacher is nothing to brag about. But PLEASE take it from someone who had a miserable career... There's so much more to it than the money.
Yes that happened to me I was taught to be dis-honest they encourage being a snake the Deskman or Sales managers are the WORST
biggest a-holes in the world they will talk so sweet to the customers but if you don't make the sale they will curse at you throw things at you and degrade you in front of the other salesmen. I learned to be a great Liar being a salesman I just got sick of it thats why I got out.
On my last deal It was the straw that broke the camels back I sold, (FORCED TO, my manager stepped in) I sold a USED corolla to an elderly couple for more than a NEW one would cost, The corolla was 5 years old. I made $2,500+ on that 1 deal, The dealership made about $5,000+ ( I can't remember the exact numbers it was years ago)
We had got that used corolla on a trade-in and screwed the customer, We got for $2,000 when the book value was $6,000
Oh by the way the salemen that seem the MOST HONEST are the big money makers, there the biggest snakes. Trust me I know, I was making $5,000-$10,000 a month. My sales manager loved me he said I had a HONEST Looking FACE Customers love that.
NO actually if you can get 0% through the DEALER go for it Dealers only do that on loss-leaders for example you will never see 0% on a Honda ACCORD, Or CAMRY.
Some manufactures tell the dealer offer 0% The dealer is not happy but the manufacture will give the dealer kickbacks to help off-set the back-end gross.
Toyota couple a months ago offered 3.9% financing on camry for 5 years which is GREAT since the buy-rate of the dealer is right now about 4.25% BUT they will still receive kickbacks from the factory.
So if you get 0% thats great JUST BE CAREFULL of the sales price they will try to raise it on you!!!
JeffreyLebowski
Lifer
Car salesmen hate me. I've gone to dealerships that have given friends hard times and asked for the salesman. I'd go in and be like, yeah, I'm looking for this car with these features at the best price i can get, I would waste the guys whole saturday, and not buy. they hate that.
JeffreyLebowski
Lifer
a coworker just told me that a local dealship ran her credit as she was driving up. The salesman pulled her info from her plates and ran a credit check off of that. He met her in the lot with her credit report in hand and said, I can get you into anything on the lot.
Your co worker lied to you because with out a social security number you cannot run someones credit.
Ther are some shaddy people in the car bussiness and there are some good guys as well.
I made about 35K working part time after school my foirst year selling. I made alot more from other salesmen selling deals than I did selling cars though.
I stopped because you basically can't have a life if you have morals in your job. I sold myself and my customers understood that They pay a little more through me. I had a sign hanging in my office that said "PROFIT IS NOT A DIRTY WORD" The thing that people fail to see is that most cars have about 5% markup TOPS people think that the dealership should only make 100 dollars on a car. Yet when they walk in to sears and buy a pair of pants for 50 sears is keeping about 15-20 of that.
I would discurage anyone from becoming a salesman. Or perhaps give it a go during the summer, when you are off.
Don't forget Factory TO Dealer Incentives that the DEALER receives, Kickbacks (The more cars they buy the bigger kickback), The Prep fees, Holdbacks, The Extra money they make on add-ons (Spoilers, CD changers, Rims, etc etc), Selling the loan to you high re-selling Low,
A dealer can make as much as $6,000++ on a $25,000 Camry Thats just a Toyota, What about Mercedes Those cars have HUGE markups
those salesmen make the BIG money and when they LEASE a mercedes to a customer (If they screw the customer) HAHA they can buy a Rolex.
Don't get me wrong some customers are VERY smart and will grind the dealer down to its knees and get a great deal, People do get great deals the smart ones who do the research, ALWAYS BRING A CALCULATOR with you 🙂 to a dealer.
I've worked with salesmen who have made $50,000 in one month and remember most salesmen only make 20% of the Front-END gross not the BACK-END gross (Finance and sales made in finance).
apoppin
Lifer
Since car sales are "commission", your income is tied to how much you sell.
For a stripped down Kia Rio you can make around $200 or less depending on dealer and incentive . . . for a "fat" sale like a loaded Caddy at full price (where you "screwed" the customer) you can make close to a grand.
It is a really "Cut throat" business. And now (with the economy poised at the edge of a recession) is a TERRIBLE time to sell cars.
You don't have to b e dishonest to sell new cars . . . and IF you like LESS pressure, there is always work at a Saturn dealership where you don't have to haggle with the customer . . . HOWEVER, it helps if you are Ferengi - a TRADER - at heart. 😉
I like the suggestion to TRY IT in the Summertime . . . some people are 'natural' at it . . . most hate it.
For a stripped down Kia Rio you can make around $200 or less depending on dealer and incentive . . . for a "fat" sale like a loaded Caddy at full price (where you "screwed" the customer) you can make close to a grand.
It is a really "Cut throat" business. And now (with the economy poised at the edge of a recession) is a TERRIBLE time to sell cars.
You don't have to b e dishonest to sell new cars . . . and IF you like LESS pressure, there is always work at a Saturn dealership where you don't have to haggle with the customer . . . HOWEVER, it helps if you are Ferengi - a TRADER - at heart. 😉
I like the suggestion to TRY IT in the Summertime . . . some people are 'natural' at it . . . most hate it.
No, you see in your example the salesman is creating $250 extra profit for himself, The sales MANAGER or deskman does not care because the sales Manager gets a percent of EVERY deal he manages, So if the sales manager "Desks" 10 deals that day he gets a percentage of each of the 10 deals and the more money each deal makes the more for him. You see the salesman won't get ALL the $250 he scammed from the customer just a percentage (Depends on the dealer it varies from dealer to dealer).
Yes, Thats a very good Link EVERYONE should read it, It brought back many memorys Terms like "Ups", The 4-Square", "Green Peas".
Its a very good article gets real good on page 3.
PLEASE take the time to read its VERY informative.
Oh it also talks about "Turning" at my job if we did not turn our customers before they left we would be FIRED on the SPOT!
"Turning" is the process of: If you are getting Nowhere with the customer and they want to leave you say hold on let me get my sales manager, BUT the thing is its not really a Sales Manager its just a member of your team another salesman. You both then will split the final commission 50/50.
Actually I have seen customers get turned upto 4 or 5 times. But after the 2nd turn you really do turn over to a Real sales manager or team leader.
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