Can you get rich as a car salesman?
The short answer is that most car salespeople don’t earn a whole hell of a lot of money. Dealership salespeople average about 10 car sales per month, and earn an average of about $40k per year. New vehicle sales rarely pay $300+ commissions, while used cars can sometimes pay $1,000 commissions.
What do AutoNation salesmen make?
AutoNation Car Salesmen earn $62,000 annually, or $30 per hour, which is 56\% higher than the national average for all Car Salesmen at $35,000 annually and 6\% lower than the national salary average for all working Americans.
How much do high end car salesmen make?
The stuff that money can’t buy. Bottom line, top sales people in high end car sales can earn $250,000 per year. Year in and year out. There is usually only one or two like this at a dealership because there aren’t that many of the new cars to go around.
Do car salesmen get paid if they don’t sell a car?
Many salespeople work purely on commission, meaning they only make money if they sell a car. “We’re not paid anything for standing there 12 hours a day and not selling,” says McDonald. “And if I work a whole week and don’t sell a car that week, I make nothing.
How many cars can a car salesperson sell in a month?
There’s a vast discrepancy between great salespeople (who sell 20+ cars a month) and bad salespeople (who might struggle to sell 8 cars in a month). A salesperson who moves 20 cars a month is probably going to earn $6-$8k, while a salesperson who can only move 8 cars a month is likely to earn minimum wage.
Can you really make 100k a year selling used cars?
Car sales compensation plans are designed for hard-chargers. If you’re not willing to work 50-60 hours a week, not aggressive enough to ask for the sale, and not polished enough to make people feel comfortable, you’re not going to make much money. If you’re all of these things, you can often earn more than $100k a year.