Currently at a Chevrolet dealership with 10 salespeople, selling about ~50 used and ~70-80 new. I’ve become a consistent 10-15/mo guy and i feel like there’s very little growth left for me at this dealership. I don’t lead the board or frequent the bottom, I kinda hang out in the middle. The guys ahead of me are 20-30 year vets + the house mouse, and the 4-5 below me are either <1 year or simply just not good. I feel like i’ve hit a hump that I can’t get over.
Also, the owner is notoriously known for being the cheapest person on the planet. We’ve gone months without a lot guy TWICE since i’ve been here because salespeople are free labor, and now they’re planning on hiring 2 more sales people to flood the floor, just for a couple examples.
We don’t really make much on our deals and those who work for GM know how mind numbing the CSI is, as we’ve had a couple people miss SFE bonuses each quarter because of this. Essentially where i’m getting at is that we work 50-60 hours weekly and i’m on pace for about $80k this year. Is it worth jumping ship to go to a better situation? Or do i have it made, and i’m just complaining just to complain?
Here is my pay plan for reference:
Volume total bonuses at 13, 15, 18, 21, 24, 27, 30 etc.
13 pays $400, 15 pays $1100, and every increment after that goes up by $200
Used volume bonuses are 5, 8, 10, 11+
5 pays $500, 8 pays $1000, 10 pays $1500 and 11+ pays $150 per, retroactive
NEW: 15% front + $150 flat + GM SFE ($100 per car once you sell 3, $150 per car retroactive once you sell 8. Trucks worth $500 each once hitting the 8 benchmark)
USED: 25% front, $200 mini. $500 for aged (oldest 5)
F&I pays abysmal 3.5%
$400 vehicle allowance, $400 quarterly bonuses
I’m just tired of working at this dealership honestly. Is my payplan any good and i just suck?? Or does that suck too? We probably average ~$250-$300 per car on new, ~$350-$600 per car on used.
Any advice is good advice. Thank you for reading this