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BMW 3-Series (E90 E92) Forum
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Confession of how much profit a BMW salesman really make....
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09-22-2006, 10:51 PM | #67 |
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One of my best friends is a salesman at a benz dealership (Midtown), he's been there a little over four years. He said his earnings in the first two years were only so-so (I assume that means about 50-60k in this area), he said last year he was taxed on 101k and was happy with that. I don't know if this is indicative of other salespeople in this area, but it would not surprise me. Toronto is an expensive city. He also gets a business car - it's basically a demo they all pass around, so he's in a new one like every 3-4 months which is cool. He just gave back his CLS500, which was pretty sweet.
FWIW, he worked for 12 years at a Dodge dealership and really didn't like it much. He made "ok" money, but he said the environment was a lot more hostile with management, and the clinetelle were...well, not the best, in general. He's been very happy since his move to MB, afaik. |
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09-23-2006, 01:51 AM | #68 | |
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Screw this, death to all dealers.
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09-23-2006, 08:20 AM | #69 | |
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09-23-2006, 10:50 AM | #70 | |
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This happens in almost any field in life!! Education does not always mean income. Sales is a tough field, I have been at it for 11 years. I am in management now, but I certainly expect my sales professionals to make at least $60K. If the are happy with less, I don't think they have the drive to be in the business. Doesn't make them bad people, just not cut out for commission sales. As was said earlier, commissions for luxury cars are based on profit, usually 20%. However, there is a "flat" or minimum of usually $200. Old age units can bring as much as $1000 flat. Used cars typically pay 30%. Also, there is a volume bonus, $1000 for dong 10 units, $1500 for 15, and so on. They also get a percentage of the "back-end" or any finance, warranty, insurance, ect. BMW also contributes spiffs for certain models during the year end close, generally $200 to $400. Also, I gave $125 for every perfect CSI survey they recieved. It all adds up to a nice salary if they are good at what they do! If they are new, and just starting I will pay them a "guarranty" salary of around $3500 for thier first few months. Death to dealers? It's funny that you say that....buying a car wouldn't, and shouldn't be hard. It's actually the car consumer that drives the business to be the way they are! Some people want to just go to battle, and assume that the dealer is the "bad guy". If dealers ever go away, so would everyones power to negotiate, you pay what is listed on the car. This has been discussed in inner circles of the business. Is that what the general public wants? I doubt it. Not from my experience, which like I said, is pretty lengthy. At any rate, I have a degree, and I don't need one, but it was not wasted. I just wanted more out of my life. I always have, and I don't mind working hard to achieve great things for my family and myself. Based on everyones vehicle choice, I think that is common on this forum! It's not for everyone, granted. But, please let's not be so ignorant as to think we are all bad people, just because we make "too much money". What is too much money for what you do?? $250 to $500K doesn't seem realistic, but $100K, not unlikely. OK, flame away! Last edited by JIMD1709; 09-23-2006 at 11:26 AM.. |
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09-23-2006, 11:10 AM | #71 | |
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09-23-2006, 11:13 AM | #72 | |
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-Brett
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09-23-2006, 11:15 AM | #73 | |
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Guy #1: "Hanz, I know zee window switches have always been next to zee shifter in zee 3er cars, but I think ve should move them to zee door!"
Guy #2: "But zee doors are already designed and ve do not have time to re-design them!" Guy #1: "Just make it verk or you vill be verking over at VW!" |
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09-23-2006, 11:29 AM | #74 | |
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The issue that people have with dealers is all the shady crap that goes on. For example, check around the boards for people who have done ED. If the dealer is not suppose to charge MACO and the dealer is not suppose to charge a training fee for an ED car why do so many dealer throw that into the price? It sets up a situation of buyer be aware because you will get screwed at every turn if you don't do your homework. That creates the animosity and makes people say "dealers are bad". Too many dealers are not up front and try to weasel stuff in like unnecessary undercoats or accessories just to drive the price up instead of letting the consumer decide. There are far too many finance and leasing scams regarding dealers. The State Attorney General of Maine even put up a separate web site warning people of all the scams because it was getting out of control and spent most of last year beating back the dealers. There are so many games with MF and other tricks it makes the buyer-seller relationship sour. Everyone has seen the Dateline, 20/20 and 60 min. pieces on auto scams or read them in the paper. These problems are pervasive. You can say, hey a guy has got to make a buck -- no arguments -- the problem is too many dealers try to lie, steal and cheat a buck far too often which is why so many dealers have a bad rep. The other issue is far too often after the sale; too many dealers don't bother to return your calls when there is a problem. Hey, I got your money what do I need you for anymore. So, this all sets up a situation where the consumer feels like he is being taken as soon as you step on the lot -- and in many cases you are as the article from Edmunds clearly states. Given that impression, people feel like the dealer/sales person should get screwed. That said, JIMD1709 I have no idea who you are or how you deal in your sales. If you don't do the underhanded shady things, them you are victim of the industry and your brethren in sales that do and you all get lumped together because the auto industry as a whole is considered a dirty place for good reason and until they clean up their act it will remain that way and the attitudes will remain. There are far fewer good dealers/sales people than there are bad ones and while you may believe this to be opposite I believe that it is true because of the online complaints and reports to the BBB that everyone can view online. You may say that people only come online to complain -- well there is certainly a butt load of people complaining and they can't be coming from just one dealer! And when we are finished with the sales side, we can have another argument on another thread about the crappy service departments. |
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09-23-2006, 11:46 AM | #75 | |
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I have remained in this business because I like it. I like dealing with people, I love BMW, and I have a lot of fun, while making a good living. I have had numerous clients to my own home, and regularly get cards and invitations to functions of some of my clients, I have never been a "grinder", not my style. If you PM me, I can give you my name, and by doing a google search you will find it listed all over BMW message boards. Not one negative, that I am proud of. I truly wish my industry didn't have such a bad rap. But, all I can do is try and make a difference in my dealings with the public. Being a manager now, I can make a bigger difference, I think. I will always do my best to treat everyone fairly, and with respect. That is the way I want to be treated, so that is how I handle issues. Do the right thing, and there's never a regret. |
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09-23-2006, 12:04 PM | #76 | |
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Man academia sucks arse.
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09-23-2006, 05:03 PM | #77 |
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My parents have always wondered why I havnt gone into vehicle sales...
My step-bro runs a buy here pay here lot, I just cant do that to people... If I was able to pick a dealership, I'd pick BMW or something fun. No high-volume high-pressure dealerships... I still dont think they make that much though, thats rediculous...
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09-23-2006, 09:51 PM | #78 | |
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11-05-2013, 11:35 AM | #79 |
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Location: Some say he naturally faces magnetic north, and that all of his legs are hydraulic...
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i feel like sales reps should just be replaced by automatons. i find then annoying and unnecessary..
i'll pay the msrp but i dont want to hear the ramblings of an uneducated circus monkey.
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11-05-2013, 11:48 AM | #80 |
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VERY OLD THREAD
I guess what's old is truly new again. LOL
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11-05-2013, 12:15 PM | #81 |
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They aren't & factoring in the hours worked not especially well paid.
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11-05-2013, 12:16 PM | #82 |
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11-05-2013, 12:34 PM | #83 |
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dude, awesome 7 year old thread bump.
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11-05-2013, 01:09 PM | #84 |
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Aged thread bump for sure lol
Although, looking at some of the posts regarding opinions of dealers vs letting anyone sell you a car (costco, walmart, sears or similar I'm assuming) id rather have local networks of car dealers to view different inventories, haggle and pit against each other etc than to have to deal with some large corporation. Not convinced id want to buy my next BMW from a guy earning $8 an hour. |
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11-05-2013, 01:37 PM | #85 |
I don't drink water. Fish fuck in it.
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lol i know, that what you get for showing up in my search for something completely unrelated also im training for time travel and visiting the past is research
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11-05-2013, 01:39 PM | #86 | |
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11-05-2013, 03:20 PM | #87 | |
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Processing the payment for a car you've chosen yourself, probably not. Anything that requires them to give much of a crap regarding the average persons 2nd largest purchase - that would be very open to debate. |
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11-05-2013, 03:25 PM | #88 | |
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really feel a the configurator on the website at a kiosk would give me a much better result, with less annoyance.
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