What is the commission on a Porsche?

The pack varies from one Dealer to another. For the first 5 Porsches sold in one month the commission is 10% of the net profit.

How much commission do you get at Porsche?

As a very rough ballpark, they make 20% of the net profit on a car. If you guess Porsche net profit is around 10%, then they would make about $4K on a Turbo at MSRP.

How much commission does a salesman make on a $50000 car?

Commissions on new car sales vary from one dealership to another, but the usual range is from a 20-to-30 percent of the profit. The profit amount is also different among dealers. The bottom-line is that a good salesperson at a popular dealership can make over $50,000, but the average is considerably less.

Can Porsche charge over MSRP?

The analysis found that some of the most popular cars are being listed for up to 24% over suggested sticker price. That means if you want a hot model like a Jeep Wrangler, Porsche Cayenne, or Ford Bronco, you'll need to shell out thousands — sometimes almost $17,000 — more than those brands think their cars are worth.

Can Porsche dealers charge more than MSRP?

Car buyers pay 10% above the sticker price, on average — or more if you want a Jeep or Porsche. With limited inventory due to supply chain challenges, prices for new cars are often marked up at the dealership.

The Porsche Centre Calgary Sales Team | Shared Commission Structure

How much above MSRP should I pay 2022?

For most of 2022, the average price of a new car was around 10 percent over the official price, with the 15 most popular models all costing between 18 and 24 percent more than the manufacturer's suggested retail price (MSRP), according to iSeeCars.

What is the dealer markup on Porsche Cayenne?

Porsche Cayenne: +19.6% ($16,750)

Are new Porsche prices negotiable?

Can I still negotiate on the price of the vehicle? Yes, but this should be done before the order is placed. Once you've ordered the vehicle, it will be much more difficult to get the Porsche dealership to be flexible on price.

How much less do dealers pay than MSRP?

Depending on the car company, dealer holdbacks might range between 2 and 3 percent of the invoice price or the manufacturer's suggested retail price. That can add up to more than $1,000, depending on the cost of the car.

Do dealerships make money off of MSRP?

MSRP, or manufacturer's suggested retail price, is a factory-set price. The car dealer doesn't have anything to do with it. Because of automotive franchise laws, the dealer is free to sell the car for more or less than the MSRP. But the MSRP is the amount at which the automaker would like to see that car sold.

Do car salesmen make 100k?

Yes, a skilled car salesman can make six figures per annum. If your goal is to make 100k in a year, you must be able to make 8,333 per month selling cars.

Which car salesman make the most money?

What is the highest salary for a car salesman?

The salaries of Car Salesmen in the US range from $10,023 to $234,892 , with a median salary of $42,645 .

What is the average income of a Porsche owner?

“The average Porsche owner's household income is $511,000. The average Mercedes-Benz owner's household income is slightly over $250,000.

What is the employee discount at Porsche?

Employee perks: Average discount was 3-4% unless it was a limited production car (GT2, GT3). Employee car lease program is normally pretty good.

How much does Ferrari salesman make?

Ferrari Los Angeles pays an average salary of $2,271,096 and salaries range from a low of $2,001,808 to a high of $2,576,478. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee.

What should you not say to a car salesman?

How much off MSRP Can I negotiate?

How much off the MSRP can I negotiate? It depends on the market value of the vehicle. You can expect to see larger discounts on slower-selling vehicles. But on a popular vehicle, even a couple hundred off might be considered a good discount.

Should I buy a car now or wait until 2023?

Americans planning to shop for a new car in 2023 might find slightly better prices than during the past two years, though auto industry analysts say it is likely better to wait until the fall. Since mid-2021, car buyers have been frustrated by rising prices, skimpy selection and long waits for deliveries.

Which Porsche holds its value best?

Of particular note in the 2021 Best Resale Value Awards is the Macan again taking the compact luxury SUV segment. Its larger Cayenne sibling finishes second in the large luxury SUV category. The 911 also posts a strong third among sports cars.

How much should I put down on a Porsche?

As a general rule, you should pay 20 percent of the price of the vehicle as a down payment.

Which Porsche is the best value for money?

How do I not pay dealer markups?

Are Porsche dealers marking up cars?

Buyers of the Porsche Cayenne and the Porsche Macan were willing to pay $16,750 and $14,221 over MSRP, respectively, for their SUVs. That amounts to a 19.6 percent increase for the Cayenne and a 23.1 percent increase for the Macan, and made them two of the vehicles with the biggest markups in America.

Do Porsche Cayenne hold their value?

Porsche Cayenne

The Cayenne range averages 69.5% retained value after three years and there isn't much to choose between the mainstream six-cylinder models. The plug-in E-Hybrid also performs well but the Coupe bodystyle and the pricey V8 Turbos are less safe bets with a Turbo Coupe worth around 47% of its new price.