Whats the usual commission earned by being a sales executive for companies such as Porsche, Audi and BMW?
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Just to have an Idea. You know the commission percentage of the car's total value.
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Answer:
Every dealer has their own payment system. You don't get a percent of the car's total value. Each car has a spiff on it which determines what you get paid for the sale. A spiff (or spiv) is an immediate bonus for a sale paid directly to a salesperson for selling a specific product. The individual dealership establishes the spiff on each vehicle. Those that are harder to sell have a higher spiff payout. The ones that are "loaded" with high profit accessories pay a higher spiff. Those that are low priced, and pretty much sell themselves, have a low spiff payout.
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