How much do car salesmen actually 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 car salesman make a year?
For most car salespeople, the yearly salary is about $38,000 per year, according to PayScale. Though all car salespeople are paid a salary, they are also paid based on how much they sell, called commission.
Do car salesmen make 6 figures?
Theoretically, the sky’s the limit. 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. Most salespeople do not sell 25 cars per month, and holding gross on a new cars is virtually impossible these days.
How much do car salesmen really make?
Let’s take a little closer look at these numbers about how much do car salesmen make. If we break this down a little further the bottom 10% of car salesmen ( car saleswomen included) are earning about $18,000 a year and the top 10% are earning about $75,000 a year or more.
What is the minimum pay for car salesman?
While ZipRecruiter is seeing annual salaries as high as $91,000 and as low as $19,500, the majority of Car Salesman salaries currently range between $23,000 (25th percentile) to $55,000 (75th percentile) with top earners (90th percentile) making $79,500 annually across the United States.
What is the average salary for a car salesperson?
The average pay range for a Car Salesman varies modestly (up to $32,000), which suggests there may be fewer opportunities for advancement based on skill level, but increased pay based on location and years of experience is still possible.
Do car salesman get paid off of commission?
Most traditional car dealerships pay their salespeople on a ” commission only ” pay plan. This means if they do not sell a car, they do not get paid. For some “green peas” (new to car sales), there can be several days between selling a car and getting paid.
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