Here’s a breakdown of teh information about car salesperson earnings from the provided text:
* Highly variable: There’s no standard salary for car salespeople.Earnings depend on many factors, including the dealership, team size, and the types of cars sold.
* New vs. Used Car Commissions:
* New Cars: Typically earn 2-3% commission of the sale price.
* Used Cars: Earn around 15-20% of the gross profit from the sale.
* Sales Volume & Consistency: A few high-volume sales days can be offset by slower periods. Consistent, moderate sales are also a viable path to earning.
* Additional Products (Important Earning Potential): Commissions on add-ons like extended warranties, paint protection packages, and service plans can be substantial. A salesperson can earn hundreds of dollars from selling just a few of these extras. These are harder to sell, but pay out well.
In essence, a car salesperson’s income is a mix of car sale commissions and commissions from selling additional products/services, with the latter perhaps being a significant source of income.
