[falcon]

Originally Posted by Jgresch

^ paid more for friends or family really?? :s



heres how ours worked....

$Min wage base pay.
$300 flat for new and used no matter what.
Once you break $1000 profit on the car, you get 30% of whatever profit is....
Once you break past whatever your min wage earnings are the for month, you make straight commission.

So If I do 160 hours/month, that is $1440 at $9/hour. So I need to make $1440 comission to break through min wage then actually start making comission.

If you put the time and effort in with follow ups, generate a lot of leads etc. you can make a decent buck. Generally I wouldn't spend any time with low markup cars, I would only advertise the high markup cars and spend a lot of time marketing them and generating leads. I woudl rather only sell 2-3 cars a month with huge comission than 7-8 with a flat.

I've heard of this breaking through base pay thing. When I sold bikes it was base + comission. But that had a lot to do with the fact I had many other responsibilities other than just selling bikes. It was $1500/mo base plus %15 straight comission on profit. If the comission was under $100, you would make a $100 flat. Worked out quite nicely expecially selling BMWs.