Car Sales + Commissions??!!
Discussion
It is really dealer dependant.
I work as a Salesman in a Indepedant Commercial dealer, and get paid a percentage of the profit in the vehicle, along with a very low basic. However, a Salesman who needs a strong basic, is not a good salesman. I reckon I'd be looking at half of minimum wage with the hours worked if I didn't sell a unit.
In a Main Dealer, the Salesman will normally be paid as such
Basic
Co Car
% Profit in Car, or single unit price
Finance Commission
Warranty Upsell
Tyre Insurance
Paint Protection
GAP/RTi
and all the other add on's, which in a lot of places is where they really make their money.
I work as a Salesman in a Indepedant Commercial dealer, and get paid a percentage of the profit in the vehicle, along with a very low basic. However, a Salesman who needs a strong basic, is not a good salesman. I reckon I'd be looking at half of minimum wage with the hours worked if I didn't sell a unit.
In a Main Dealer, the Salesman will normally be paid as such
Basic
Co Car
% Profit in Car, or single unit price
Finance Commission
Warranty Upsell
Tyre Insurance
Paint Protection
GAP/RTi
and all the other add on's, which in a lot of places is where they really make their money.
At a very large dealership group (thousands of salespeople), the details as I remember them were:-
Base salary is circa £16k (about minimum wage), but there is a move to shift this to high £20's (attract people from other industries) (some of which is being encouraged by the likes of Audi/BMW, overall average earnings were circa £39k.
There were minimum targets before commission started being paid, also a shift away from a unit commission on "finance and protection' type products, due to fears around misselling.
There were a few salespeople that made £80k+ (and sales/business managers more)
Base salary is circa £16k (about minimum wage), but there is a move to shift this to high £20's (attract people from other industries) (some of which is being encouraged by the likes of Audi/BMW, overall average earnings were circa £39k.
There were minimum targets before commission started being paid, also a shift away from a unit commission on "finance and protection' type products, due to fears around misselling.
There were a few salespeople that made £80k+ (and sales/business managers more)
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