Dealer cost vs. Invoice price
01-08-2008, 10:03 PM
#41
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Originally Posted by SekZee
at my dealership ANYTHING under $600 over invoice is a MINI deal which is $50 bucks in my pocket...which is about $34 after taxes... how many cars a month do you expect me to sell to pay my bills if every car is $34?
X2.
I love how people equate the dealership making money with the salesman making money.
I come before the dealership.
01-08-2008, 10:03 PM
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Originally Posted by DomZ
I have a hard time believing that. I can't wear mesh shorts and a t-shirt to the dealer and get taken seriously. I have to get halfway dressed up for any salesmen to give me the time of day.
01-08-2008, 10:06 PM
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dont you salesguys make a salary anyway?
the extra stuff is just commission right?
dont you guys get bonus's?
My last mazda i bought for 200 bucks over invoice.
this Z i bought for a couple hundred bucks UNDER invoice.
they still made money and im sure the sales person still got an incentive (and a salary)
the extra stuff is just commission right?
dont you guys get bonus's?
My last mazda i bought for 200 bucks over invoice.
this Z i bought for a couple hundred bucks UNDER invoice.
they still made money and im sure the sales person still got an incentive (and a salary)
01-08-2008, 10:10 PM
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Originally Posted by kspec
dont you salesguys make a salary anyway?
the extra stuff is just commission right?
dont you guys get bonus's?
My last mazda i bought for 200 bucks over invoice.
this Z i bought for a couple hundred bucks UNDER invoice.
they still made money and im sure the sales person still got an incentive (and a salary)
the extra stuff is just commission right?
dont you guys get bonus's?
My last mazda i bought for 200 bucks over invoice.
this Z i bought for a couple hundred bucks UNDER invoice.
they still made money and im sure the sales person still got an incentive (and a salary)
No, commission is how I make my money.
Yes, but my March bonus doesn't last all year.
You keep thinking that.
01-08-2008, 10:11 PM
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Originally Posted by kspec
dont you salesguys make a salary anyway?
the extra stuff is just commission right?
dont you guys get bonus's?
My last mazda i bought for 200 bucks over invoice.
this Z i bought for a couple hundred bucks UNDER invoice.
they still made money and im sure the sales person still got an incentive (and a salary)
the extra stuff is just commission right?
dont you guys get bonus's?
My last mazda i bought for 200 bucks over invoice.
this Z i bought for a couple hundred bucks UNDER invoice.
they still made money and im sure the sales person still got an incentive (and a salary)
so lets say 16 cars at $34 assuming they were all MINIs = $544+$200+$600, WOW!!! I JUST MADE $1344!!! thats enough to pay my rent....that's assuming I didnt sell 8 cars before the 15th, because I'm a slow starter...anyways $200 more even if i did...that's my comcast bill right there...I gotta eat somehow and drive to work and use a cell phone to talk to my customers, since I'm so nice I actually give out my cell phone to people I sell cars to, yet people don't understand that, they think we make thousands of dollars of each sale
Last edited by SekZee; 01-08-2008 at 10:14 PM.
01-08-2008, 10:18 PM
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Originally Posted by SekZee
100% comission, $200 bonus at 8 cars before the 15th of the month, $200 bonus at 12 cars, $600 bonus at 14 cars....now, how many cars do you think an average salesman sells a month? 12-14...AVERAGE.. I Sell around 16...
so lets say 16 cars at $34 assuming they were all MINIs = $544+$200+$600, WOW!!! I JUST MADE $1344!!! thats enough to pay my rent....that's assuming I didnt sell 8 cars before the 15th, because I'm a slow starter...anyways $200 more even if i did...that's my comcast bill right there...I gotta eat somehow and drive to work and use a cell phone to talk to my customers, since I'm so nice I actually give out my cell phone to people I sell cars to, yet people don't understand that, they think we make thousands of dollars of each sale
so lets say 16 cars at $34 assuming they were all MINIs = $544+$200+$600, WOW!!! I JUST MADE $1344!!! thats enough to pay my rent....that's assuming I didnt sell 8 cars before the 15th, because I'm a slow starter...anyways $200 more even if i did...that's my comcast bill right there...I gotta eat somehow and drive to work and use a cell phone to talk to my customers, since I'm so nice I actually give out my cell phone to people I sell cars to, yet people don't understand that, they think we make thousands of dollars of each sale
01-08-2008, 10:19 PM
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Originally Posted by michaeljr6
ouch.....i doubt i could be a salesman. i'm too honest lol
No need to be dishonest.
I've flat out told people we are making money on the car, but they have to pay me, pay to keep the lights, etc. It's a business.
01-08-2008, 10:21 PM
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Originally Posted by slapthemonkey
No need to be dishonest.
I've flat out told people we are making money on the car, but they have to pay me, pay to keep the lights, etc. It's a business.
I've flat out told people we are making money on the car, but they have to pay me, pay to keep the lights, etc. It's a business.
which dealership do you work at in dallas?
01-08-2008, 10:23 PM
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Originally Posted by michaeljr6
which dealership do you work at in dallas?
Actually, I just parted ways with them. Either going to upgrade dealerships (to Sewell or Park Place, somewhere like that), or go back to teaching.
01-08-2008, 10:24 PM
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Originally Posted by slapthemonkey
Actually, I just parted ways with them. Either going to upgrade dealerships (to Sewell or Park Place, somewhere like that), or go back to teaching.
01-08-2008, 10:27 PM
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Originally Posted by SekZee
heh...i just found a job at AT&T as a store manager... I learned a lot selling cars, but it's difficult to make money there...
Here in Dallas, the Lexus market is HUGE. So, that sounds good to me.
BTW, how does that management position compare, money-wise, to selling cars? Just wondering.
01-08-2008, 10:31 PM
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Just purchased a LS460L from Park Place, very great people there and will probably purchase from them again. We went to Sewell in Fort Worth, they didn't greet us at all.....so BOO
01-08-2008, 10:34 PM
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Originally Posted by michaeljr6
Just purchased a LS460L from Park Place, very great people there and will probably purchase from them again. We went to Sewell in Fort Worth, they didn't greet us at all.....so BOO
It's tough...Park Place has a better starting pay program, and is closer to my house.
But Sewell offers demo's.
Sigh. Decisions.
BTW, what was the price on the 460? Sticker or some off?
01-08-2008, 10:37 PM
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Originally Posted by slapthemonkey
It's tough...Park Place has a better starting pay program, and is closer to my house.
But Sewell offers demo's.
Sigh. Decisions.
BTW, what was the price on the 460? Sticker or some off?
But Sewell offers demo's.
Sigh. Decisions.
BTW, what was the price on the 460? Sticker or some off?
01-08-2008, 10:40 PM
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Originally Posted by michaeljr6
$93K....paid the sticker, since we had to order it. It's very high in demand currently
Some guy last month was trying to tell me PP discounted an LS460 by $7K for him.
I had to excuse myself to giggle.
01-08-2008, 10:59 PM
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Originally Posted by slapthemonkey
Yeah, I figured.
Some guy last month was trying to tell me PP discounted an LS460 by $7K for him.
I had to excuse myself to giggle.
Some guy last month was trying to tell me PP discounted an LS460 by $7K for him.
I had to excuse myself to giggle.
Usually when purchasing a car from a luxury dealership, is negotiating on the price common? I just can't see Tom Cruise walking into a Lambo dealership and asking them to take 5K off or something like that.
01-08-2008, 11:06 PM
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Originally Posted by michaeljr6
lol, maybe he purchased a used one?
Usually when purchasing a car from a luxury dealership, is negotiating on the price common? I just can't see Tom Cruise walking into a Lambo dealership and asking them to take 5K off or something like that.
Usually when purchasing a car from a luxury dealership, is negotiating on the price common? I just can't see Tom Cruise walking into a Lambo dealership and asking them to take 5K off or something like that.
No, it was new. His argument was that if Lexus can take $7K off his 460, why couldn't I take more off the Tahoe.
And no, especially not on a car like that. I mean, did you try and negotiate, or was it just here's the car, here's the price...?
Now imagine an even more rare and limited car. I know that F430's can go for as much as $100K over sticker, just because of the scarcity.
01-08-2008, 11:29 PM
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Originally Posted by slapthemonkey
No, it was new. His argument was that if Lexus can take $7K off his 460, why couldn't I take more off the Tahoe.
And no, especially not on a car like that. I mean, did you try and negotiate, or was it just here's the car, here's the price...?
Now imagine an even more rare and limited car. I know that F430's can go for as much as $100K over sticker, just because of the scarcity.
And no, especially not on a car like that. I mean, did you try and negotiate, or was it just here's the car, here's the price...?
Now imagine an even more rare and limited car. I know that F430's can go for as much as $100K over sticker, just because of the scarcity.
Usually when a person goes up to a dealership like BMW/Merc/Lexus, the salesman already know the customer has $$$. I'm wondering if it's possible for them to knock off a couple thousand (2-3K). or is it going to be more challenging?
01-08-2008, 11:35 PM
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Originally Posted by michaeljr6
Usually when a person goes up to a dealership like BMW/Merc/Lexus, the salesman already know the customer has $$$. I'm wondering if it's possible for them to knock off a couple thousand (2-3K). or is it going to be more challenging?
Depends on the model.
ES330, yeah.
GX470, not so much.
LS460, not at all.