[MightyT]

Originally Posted by Jim Thompson

ok first off I have absolutely no idea what GM makes on a vehicle.

however since we have ventured into the sales side of it...that I can answer for you!


although each dealership will be a little different, most are about the same.

I am paid 30% of any profit above invoice, minus a few admin fees, or a flat $100.

So if I sell a car for $31,000 with an invoice of $30,000 I make $300. If I sell the same car for 29,000 I make $100. If I sell that car for $32,000 I make $600. On a new car profit is very rare. It's just too competitive to try and hold any. If I sell a car at true Supplier or true GMS I make $250.

On average I make more on a used vehicle than on a new vehicle. this is because not every tom dick and harry has the exact same vehicle and are willing to sell for less.

I am also paid a very small percentage of warranties and am eligible to get unit bonuses and we have monthly sales contests.




The money can be good and as Scotty said it is stress free and not a hard job. I don't work a lot of hours (although I do work saturdays) and these days spend most of my time working deals over the web and not on the lot. so all in all it aint bad

GEEZ ... Is it me or is this getting embarrassing? .... It's one thing to question what GM makes, but another to ask a working salesperson to explain his/her personal income. Do we all now have to justify our incomes publically online?

I get why you and Scotty would share this based upon character, but feel bad that you felt the need to. Says a lot, but feel like an apology is in order ...

As for GM, in my personal opinion Ultimate Factories impacted me enough to realize it takes good people and technology to bring us the Camaro. If it were not worth it, we all (OK most of us) wouldn't be craving one and expert reviews would not be as positive. When I compared the cost of my Camaro to a new Accord (my old car) I realized the cost was very much in line with others.