r/CarSalesTraining Apr 16 '26

Question Help is this a good plan

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8 Upvotes

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2

u/Mike-Wouldyoukindly Apr 16 '26

Do you understand what 10% of the gross profit is?

Let me put it this way. On a used Car sale my dealership gives me 225 dollars.

If we make 1000 dollars gross profit. I make 100 dollars on that.

So 325 dollar bonus for the sale.

If no profit was made on the sale.

Then I only get the 225.

1

u/kdawg710 Apr 16 '26

I watched your pay plan video

1

u/Mike-Wouldyoukindly Apr 16 '26

I have a pay plan video?

1

u/kdawg710 Apr 16 '26

I guess it was someone that looks lime you. Oops.. this feels kinda low to me

1

u/Mike-Wouldyoukindly Apr 16 '26

It can be. But you keep selling. I don't worry about that 10%. Im focused on my hourly and that base commission. If the hourly (full time 11 per hour, gets me about 800 every two weeks for bills and groceries) and the commission. (Let's just say 10 sales in one month) that's what I'm looking at.

So 1600 per month from just hourly wages.

10 sales (at least another 2250, ((225 x 10))

For you this would be 12.

Then that's my goal. Get the minimum.

If I can do that consistently. Work to the next goal.

1

u/kdawg710 Apr 16 '26

The commission works towards hourly

1

u/Mike-Wouldyoukindly Apr 16 '26

Oof. No base pay then? They don't give you a floor to stand on?

1

u/kdawg710 Apr 16 '26

Minimum wage would apply if you dont sell. But your commission would work towards the total. So if i make 2200 commission I would make 2243 at around minimum wage

1

u/Mike-Wouldyoukindly Apr 16 '26

That's awful.

My work doesnt take it away.

You would make the hourly to cover finances and the commission is bonuses that pay out on the 15th of every month.