Question: How Much Does The Average CarMax Salesman Make?

How much do car salesman make per car sold?

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.

If you do the math, that’s about $330 per car.

However, that’s not the whole story..

How much does CarMax pay an hour?

Average CarMax hourly pay ranges from approximately $12.91 per hour for Collection Agent to $24.25 per hour for Service Consultant. Salary information comes from 614 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

How much commission does a Lamborghini salesman make?

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 Honda salesman make per car?

Commissions on new car sales vary from one dealership to another, but the usual range is from a 20-to-30 percent of the profit. The profit amount is also different among dealers. The bottom-line is that a good salesperson at a popular dealership can make over $50,000, but the average is considerably less.

How much of a discount do CarMax employees get?

$500 offCarMax, the national chain of dealerships, gives employees and their families $500 off any new or used car. Interested buyers can log on to the company’s Web site, find what they’re looking for and have the vehicle transferred to a location near them.

Is sales a lucrative career?

A career in sales can be very lucrative if you know where to look. … And get into the field right out of college, because the chances of landing a six-figure sales job diminish as you age.

Who is the best salesman in the world?

10 Greatest Salespeople of All TimeMary Kay Ash. … Dale Carnegie. … Joe Girard. … Erica Feidner. … Ron Popeil. … Larry Ellison. … Zig Ziglar. … Napoleon Barragan. The founder of 1-800-Mattress was a genius at using technology to open new sales channels for his Simmons and Sealys.More items…

How much does a CarMax salesman make?

The typical CarMax Sales Consultant salary is $41,434. Sales Consultant salaries at CarMax can range from $1 – $205,394.

How much does the average Ford car salesman make?

The average Ford Motor Company salary ranges from approximately $30,750 per year for Account Representative to $98,174 per year for Sales Consultant.

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. … So at every dealership there’s what’s known as a minimum commission, or “mini deal.” That’s the minimum the dealership will pay you when a car deal makes no money.

What are the highest paid sales jobs?

Sales jobs that pay wellPharmaceutical sales representative. … Sales manager. … Territory sales professional. … Outside sales representative. … Medical device sales executive. … Real estate agent. National Average Salary: $83,126 per year. … Sales engineer. National average salary: $92,040 per year. … Sales director. National average salary: $109,261 per year.More items…•

How much do the best car salesmen make?

Top Gun in Sales : Leading Car Salesman Can Earn Up to $160,000 a Year.

How much does a produce salesman make?

A mid-career Sales Agent, Produce with 5-9 years of experience earns an average total compensation of $56,000 based on 8 salaries. An experienced Sales Agent, Produce with 10-19 years of experience earns an average total compensation of $110,000 based on 6 salaries.

Do CarMax salesmen work on commission?

CarMax offers a range of benefits to its employees. The company provides paid training during consultants’ first days on the job. … Salaries are based on commission, but CarMax states that it offers no-haggle pricing and a customer-friendly focus to its sales process.

What salesman make the most money?

The highest-paying sales job in the US pays as much as $185,000 a year—here are the other 6Sales engineer. Glassdoor salary range: $68,000-$185,000. … Software sales rep. Glassdoor salary range: $50,000-$141,000. … Realtor. … Pharmaceutical sales. … Major gifts officer. … Medical device sales rep. … Recruiter.