Six Figure Income
- Thread starter 13COBRA
- Start date
Awesome work, brofessor !
Taking aside the obvious owner/gm/upper exec, how would you say the money flows in the dealer world. Obviously I'm not seeing everyones check but at the dealers I've worked at it has seemed like finance>advisors>salesmen>techs>parts as far I've seen. The only difference I've seen is swapping in diesel techs in between finance and advisors.
Ive worked at 3 dealers. At all 3 I heard the finance guys make 150-200k. Hell, Even the top salesman at the Nissan dealer I worked at made over 200k.
Overall Id say that's right. Some techs make 100k+ and same with salesman.
Same with advisors as well
Sales manager at the dealership I work at makes 400k or so. Medium sized Toyota store in Mississippi. I know a fixed ops director at large Toyota store in Dallas that makes 500k. General manager at a very large dealership (700 plus cars per month) makes 800-900k depending on sales. Money is definitely there in dealerships.
I need to restructure my pay plan. lol
What in the **** is this? The Privilege Olympics?
lol
Flexin pretty good, fam!
LMAO
lol
Flexin pretty good, fam!
LMAO
I guess I’m different than most here. I started in the car business (sales) out of high school and was lucky enough to work at a high volume store. $75-80k was average with the top guy making $300k plus selling 30-40 cars monthly. This is in Michigan so different than a lot of other states given it’s heavy leasing and PEP vehicles.
Because of this early financial influence, and because I’ve always been a top performing salesman I feel $250K is a great living and anything above that is flat out gravy.
Because of this early financial influence, and because I’ve always been a top performing salesman I feel $250K is a great living and anything above that is flat out gravy.
Double post
depends on where you live. in california you need six figures to live comfortably from what i hear. in Texas you can be fine on WAY less and absolutely baller for what commiefornia requires of you. anything north of 130K annual per person is baller imo but I'm in Texas.
I've been at my store now for 15 years. Fixed Ops director. I see the financial monthly. Most people don't know that the dealer principal keeps pennies-on-the-dollar at the end of the day.
Do you sell 700 units a month?
Yep, that's true. A lot is reinvested in to the company.
Negative. No where close to that. About 80-100 or so.
True.
Never knew if it was true but the "Director Of Operations" at my dealer in a fit of rage one day blurted out he makes 500k a year. No one seemed to question it so I think its true lol.
That seems a little high compared to what some of our bigger dealerships do out here.
I know the BMW dealership does around 900 cars a month on a really, really good month, but the GM is right around $500,000 a year or so.
I'm fairly certain the owner of the dealership made $40M across all 5 locations or whatever.
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