How much does a luxury car salesman make per car?

How much does a luxury car salesman make per car?

The average markup on a new car sale is surprisingly thin, only about 5 percent on a lower-cost vehicle and 10 percent on a luxury car. The 5 percent profit on that $25,400 car equals $1,270. The sales commission, which is 25 percent of the net profit would be $317.50.

How much do Mercedes salesman make per car?

As a salesman meets his quotas, he gets a larger share of the dealership’s take on each sale. On a $50,000 Mercedes, for example, the dealer’s profit amounts to $3,000 to $4,000, and the salesman makes about 15\% of that, Karoly said.

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Do car salesmen make 100k?

The simple answer is: 200 sales a year. The average car sales commission can run as low as $500 per car. That means you would have to sell 200 cars over 50 weeks or at least 4 cars a week to make $100,000 per year. How much you make as a car salesman comes down to two things at the dealership you work at – 1.

How much does a Lamborghini salesman make?

Automobili Lamborghini Salaries

Job Title Salary
Salesman salaries – 1 salaries reported $13,592/mo
Detailer salaries – 1 salaries reported $29/hr
Aerodynamics Engineer salaries – 1 salaries reported $97,586/yr
COO salaries – 1 salaries reported $130,044/yr

How much do Ferrari salespeople make?

Probably anywhere from $100K-$250K/year, but it’s commission based, so it would be variable and highly dependent on the salesperson, the dealership, and the year.

How much do BMW salesmen make?

BMW Group Salary FAQs The salary trajectory of a Car Salesman ranges between locations and employers. The salary starts at $116,464 per year and goes up to $167,316 per year for the highest level of seniority.

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How much do BMW sales reps make?

Average BMW Group Sales Representative yearly pay in the United States is approximately $46,403, which is 26\% below the national average. Salary information comes from 10 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

How are BMW salesman paid?

The salesman gets a percentage of the gross profit, usually about 20\% so if you offer $800.00 over invoice, he will only net $160.00 for his efforts. Most of the salesmen in the dealership sell between 7 and 15 vehicles per month so if they were all deals like yours, well would that kind of income work for you?

How much do Porsche salesman make per car?

Re: Sales Commission on Porsche cars Here’s a SWAG (scientific wild-*ss guess) – sales people likely earn about $4,000 – 5,000 per new Porsche sold. If a salesperson sells 24 per year, they probably earn about $96,000 – 120,000 per year, on average.

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How much do Tesla salesmen make?

The average Tesla Motors Sales Associate earns $52,500 annually, which includes a base salary of $50,000 with a $2,500 bonus. This total compensation is $9,163 less than the US average for a Sales Associate. The Sales Department at Tesla Motors earns $3,839 more on average than the Finance Department.

Is car salesman a good job?

Pretty decent work-life balance In general, many car salespersons also report a pretty good work-life balance. Even though their jobs might be stressful in busy periods of the year, they often come back home on time and also have plenty of leisure to spend on the things they like.