Commissions are the most common form of compensation for sales managers at car dealerships. Sales managers typically earn a percentage of the gross profit on each car that is sold. The exact percentage can vary depending on the dealership, the manager's experience, and other factors.
2. Base salary
In addition to commissions, sales managers also typically receive a base salary. The base salary is a fixed amount of money that is paid regardless of how many cars are sold. The base salary can vary depending on the dealership, the manager's experience, and other factors.
3. Bonuses
In addition to commissions and base salary, sales managers may also be eligible for bonuses. Bonuses are typically paid for meeting or exceeding specific sales goals. The amount of the bonus can vary depending on the dealership, the manager's performance, and other factors.
4. Benefits
Sales managers at car dealerships typically receive a range of benefits, including health insurance, dental insurance, life insurance, retirement plans, and paid vacation. The specific benefits that are offered can vary depending on the dealership.
5. Opportunity for advancement
Sales managers who are successful at their jobs may have the opportunity to advance to higher-level positions within the dealership. For example, a sales manager may eventually be promoted to general manager or dealership owner.
