Do you make more money selling luxury cars?
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Do you make more money selling luxury cars?
A Luxury Car Sales in your area makes on average $66,671 per year, or $1,543 (2\%) more than the national average annual salary of $65,128.
How much do top car salespeople make?
How Much Do Car Salesman Jobs Pay per Month?
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $79,500 | $38 |
| 75th Percentile | $55,000 | $26 |
| Average | $40,935 | $20 |
| 25th Percentile | $23,000 | $11 |
How much does a Mercedes car salesman make?
Average Mercedes-Benz Sales Representative yearly pay in the United States is approximately $84,834, which is 35\% above the national average.
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.
Do car salesmen make more money selling exotic cars?
However, when a new exotic car is sold, the standardized commission is usually higher than a regular car, as the opportunity to sell the exotic car is far more rare than that to sell a regular car. Combined with a salary, this means that some salesmen can and do make over 100,000 yearly, and get to benefit from driving nice cars from time to time.
Do Lamborghini car dealerships make a lot of money?
Yes and no. When you sell a Lamborghini, you could make about 1/4-1/6 of what a “top salesman” at other “mainstream” dealerships make in commission for the year; however it is rare, unless you live someplace like Miami (but even then the competition is steep), to sell many exotic cars in a year.
How much Commission do car salespeople get paid?
The next step of figuring your car sales commission or how car salespeople get paid is determined by your dealership. 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. For an example, we will use a 30\% rate.
Why do car dealerships sell used cars at auction?
Often, they cannot even sell the car used due to the way the previous owner has kept it, and if the expenses are too high to recondition the car, they will instead send it to a wholesale auction.
https://www.youtube.com/watch?v=lQRvndgsauc