How much do car salesmen make in India?
The highest salary for a a Car Salesman in India is ₹4,08,830 per year. The lowest salary for a a Car Salesman in India is ₹66,067 per year.
Can you make good money as a car salesman?
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. … New vehicle sales rarely pay $300+ commissions, while used cars can sometimes pay $1,000 commissions.
How much does a salesman make in India?
How Much does Salesperson / Salesman / Saleswoman make or earn in India ? The Average Salesperson / Salesman / Saleswoman Salary in India yearly is ₹ 188,464. The Monthly Salary For Salesperson / Salesman / Saleswoman is ₹ 16,014.
How much do car sales make per car?
A salesperson who sells one to seven cars per month can earn around 25% of the gross on each vehicle. A salesperson who sells eight to 10 cars per month earns 30% commission per car. From 11 to 14 cars per month, the commission earned is 35%. For 15 cars and over, the car salesman commission rate is 40% per car.
How much does a BMW salesman make per car?
Average gross per car = $3300. 9 Cars at volume bonus greater than 8 but less than 12 = additional $250 per car. 8 Up-sells at $150 per up-sell + up-sell volume bonus of additional $100 = $250 per up-sell. Originally Answered: What is the commission rate per sale for BMW sales people?
What is the profit margin on cars?
New cars tend to have a profit margin between the invoice price and what the dealership actually pays for the vehicle of between 8% and 13%. There may be some higher and lower margins, but the overwhelming majority fall somewhere in between those figures.
Is car sales a good job?
Many people view a career in auto sales as a job filled with long hours and the need to employ hard closing techniques. However, a career in auto sales can be very rewarding. Those who are successful in auto sales understand that their success is not dependent upon the brand of car that they sell.
Do car salesmen get a base salary?
While most car salespeople are paid a base salary, this may be somewhere around the minimum wage. The majority of their earnings is based on how much they sell, which is called commission. The exact percentage varies from dealership to dealership, but it usually falls in the 20 to 25 percent range.
Can a car salesman make six 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.
Which sales jobs pay the most in India?
Top 10 Highest Paying Sales Jobs in India
- Sales Engineer. …
- Insurance Sales Agent. …
- Pharmaceutical Sales Representative. …
- Enterprise Sales/Account Executive. …
- Software Sales Representative. …
- Principal Gifts Officer. …
- Consumer Packaged Goods/Wholesale Director. …
- Account Manager.
How much does a salesman make?
The typical commission rate for sales starts at about 5%, which usually applies to sales teams that have a generous base pay. The average in sales, though, is usually between 20-30%. What is a good commission rate for sales? Some companies offer as much as 40-50% commission.
How much can a salesman make?
Car salesmen earn an average yearly salary of $40,165. Wages typically start from $32,211 and go up to $75,524.