Screw You Dealership!!!

Serious Business Backup 37 replies 537 views
Skyhook79's avatar
Skyhook79
Posts: 5,739
Nov 6, 2011 11:54pm
I thought people from Southern Ohio used horses for transportation?
THE4RINGZ's avatar
THE4RINGZ
Posts: 16,816
Nov 7, 2011 12:05am
So it all boils down to a person who knows really nothing about cars paid more for your car than a dealership who is more than likely up to date on current car values was willing to pay?

Shocking.
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sportchampps
Posts: 7,361
Nov 7, 2011 12:35am
2) Salespeople have to make money. The dealership probably could have sold your car for $3500. Getting it from you for $750, plus a $800 owner's "profit pack" puts the car at $1550 in cost. Selling it for $3550 is a $2000 profit for the dealership. A salesman would get 30% of that figure and receive $600. The average salesman sells 8 cars a month which would give him 4800/month for working 60 hours a week.

I don't see a huge problem with this. They have to make a living or they won't have a business to run.

My family owned a dealership for over 25 years and your numbers are way way off. But you are right that a $750 dollar car would sell for about $3250 on their lot. Most dealerships though wouldnt even keep the used car they would sell it to a small used car lot for right around that $750 and that dealer would make the profit. They do this because they want to keep cars who have a value of less then 5k from making their dealerships and other cars not look as nice. Most dealerships dont pay salesman based on their profit but on a per car basis. We closed our dealership a little less then two years ago when my dad passed away but i know right now at Germain dealerships in Columbus most salespeople are only making 250$ per car sold and Carmax (a used car lot) is only like 125$ per car sold.
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Sonofanump
Nov 7, 2011 5:42am
I drive a company car, hope this helps.
Ironman92's avatar
Ironman92
Posts: 49,363
Nov 7, 2011 5:50am
THE4RINGZ;961561 wrote:So it all boils down to a person who knows really nothing about cars paid more for your car than a dealership who is more than likely up to date on current car values was willing to pay?

Shocking.

Thanks again for assuming stupidity. You know nothing of the guy who bought the car. I'm sure everyone on here would've bought from this place/guy after experiencing what I did. In hindsight I should've paid the sticker price in cash and then sold my car locally and give the dealership that money as a thank you tip for the wonderful treatment.
brutus161's avatar
brutus161
Posts: 1,686
Nov 7, 2011 6:04am
Was the dealership Taylor?
Glory Days's avatar
Glory Days
Posts: 7,809
Nov 7, 2011 7:36am
Ironman92;961344 wrote:Please quit assuming stupidity.
Ironman92;961684 wrote:Thanks again for assuming stupidity. You know nothing of the guy who bought the car.
So how do you expect us to relate to what you're talking about if we will never know anything about anything involved?
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rydawg5
Posts: 2,639
Nov 7, 2011 8:53am
sportchampps;961621 wrote:My family owned a dealership for over 25 years and your numbers are way way off. But you are right that a $750 dollar car would sell for about $3250 on their lot. Most dealerships though wouldnt even keep the used car they would sell it to a small used car lot for right around that $750 and that dealer would make the profit. They do this because they want to keep cars who have a value of less then 5k from making their dealerships and other cars not look as nice. Most dealerships dont pay salesman based on their profit but on a per car basis. We closed our dealership a little less then two years ago when my dad passed away but i know right now at Germain dealerships in Columbus most salespeople are only making 250$ per car sold and Carmax (a used car lot) is only like 125$ per car sold.
Not sure how my numbers were way off on that example.

Say Salesman Johnny sells 10 cars in a month. Johnny sells 5 new cars and 5 used. The 5 new cars his average commission was $125 per car. (this is about what i've seen). The 5 used cars he averages $380/car. This is $2525/month. He would get a $250 bonus for 10 cars giving him $2725. Say one of his cars grossed 3000 in profit and he may get a $500 bonus for that. This would be $3275 for the month. It's a hard way to make a living, even selling more than you should if you sell new/used.

Give these guys a break.
FatHobbit's avatar
FatHobbit
Posts: 8,651
Nov 7, 2011 12:45pm
rydawg5;961770 wrote:Give these guys a break.
Poor, poor used car salesmen...
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sportchampps
Posts: 7,361
Nov 7, 2011 2:47pm
You make more/equal selling new then used. They don't make money based on the profit from the used cars they sale they make a predetermined amount per car sold. Half the time a manger is happier with a salesperson who sold a car for zero profit that had been on the lot for 6 months vs a car they had a week with a profit of 3k. It is a hard way to make a living especially in the last 5-7 years. You work a ton of hours with weekends and evenings basically required but you also can make a good living doing it.
Devils Advocate's avatar
Devils Advocate
Posts: 4,539
Nov 7, 2011 3:05pm
I say we....

Occupy the Dealerships.


Monegrubbin m f er's!!!!
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gport_tennis
Posts: 1,796
Nov 7, 2011 3:13pm
the car dealerships that I have work at have been a flat for new cars and a percentage of commission 4 used cars

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rydawg5
Posts: 2,639
Nov 7, 2011 3:37pm
sportchampps;962163 wrote:You make more/equal selling new then used. They don't make money based on the profit from the used cars they sale they make a predetermined amount per car sold. Half the time a manger is happier with a salesperson who sold a car for zero profit that had been on the lot for 6 months vs a car they had a week with a profit of 3k. It is a hard way to make a living especially in the last 5-7 years. You work a ton of hours with weekends and evenings basically required but you also can make a good living doing it.

sounds like yours operates diffferently