I’ve been unemployed for a bit now (few months). I haven’t had any great job offers in line with what I’ve been looking for during this time and I’ve been approached by a few car dealers to sell cars for them. Anyone that can help me make a decision I would greatly appreciate it.
I love cars. I understand that selling cars is competitive and solely commission-based. I am more knowledgeable about the specifics of cars than the average schmoe. That said, I have never sold cars before, but I’ve been in sales before and consider myself good at it.
That said, here are some questions I thought of:
How much money does a salesperson make per car? How much of this varies with new versus used cars and how much of it varies with the asking price of the vehicle and how much haggling occurs? In other words, does haggling cut into the salesperson’s take, or the dealer’s (or both)?
How competitive is it between salespeople? Do the salespeople take turns greeting customers are are you left to shoulder each other out of the way to get to them?
How much financial acumen is required for calculating interest rates on loans, down payments, etc?
How mush of what a salesperson makes is tied directly to the sale of a car versus selling add-ons and extras (extended warranties, etc)?
Any additional insight or advice would be much appreciated. I really don’t want to sell cars but I really need a job at least until I can find something more suited to my work experience.