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.
Do car salesmen have a base salary?
Most dealerships pay salesmen a paltry base salary of roughly minimum wage. Salesmen then typically earn commissions of 25% of the dealership’s gross profit on the car. The commission can put an extra $300 to $400 in a salesman’s pocket per car sold, and the average salesman sells ten cars per month.
How much does a car salesman make at Mercedes Benz?
Mercedes-Benz Salaries in the United States
|Popular Jobs||Average Salary|
|Sales Manager 7 salaries reported||$149,209 per year|
|Automotive Technician 15 salaries reported||$18.73 per hour|
|Service Advisor 24 salaries reported||$65,206 per year|
|Car Wash Attendant 32 salaries reported||$11.73 per hour|
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Can a car salesman make six figures?
If you can sell 20 or 25 cars a month, and “hold gross” (make a big profit) on each of them, you can make more than six figures annually. That’s the minimum the dealership will pay you when a car deal makes no money.
Photo in the article by “Flickr”