Some car salesmen may make as little as $10 per hour, while others may make as much as $100 per hour. The top 10% of car salesmen earn an average of $91,250 per year, while the bottom 10% earn an average of $27,460 per year.
In addition to their base salary, car salesmen usually receive a commission on each car they sell. The commission percentage can vary depending on the dealership and the type of car, but it is typically around 20%. This means that for every $10,000 car that a salesman sells, they will earn a commission of $2,000.
Car salesmen also typically receive benefits such as health insurance, dental insurance, and a 401(k) plan. Some dealerships may also offer bonuses and incentives to their salesmen, such as trips, cash prizes, and gift cards.
