Anthony
Ok, I know for a fact that most luxury cars below the year of 2008 kinda has a low re-sale value, because people don't need luxury cars because they'd rather buy everyday cars below they don't wanna pay for maintenance, premium gas, etc. I love cars like Audi, BMW, Benz, Lexus. Not the richest person in the world but OK. Lets use this example, An used 2009 BMW 328i would cost about 19-21K. A used 2009 Audi A5 would cost about 29-31K. Why is it that Audi's have higher re-sale value? Like they both cost around 40-50K new but BMW loses value faster? I prefer BMW but Audi's look very sexy though. =/
Answer
Audis don't have higher re-sale value. You're comparing the wrong cars.
A BMW 328i compares more to an Audi A4, not the A5. Perhaps an A5 is halfway in between a BMW 3 series and a 5 series......but it doesn't directly compare to a 328. A 328 does not cost $45K - $50K new....that's much closer to a 5 series. It's not that the resale percentages are any different. 45% of a bigger number is a bigger number. It's just a more expensive car to start with.
A 2009 A4 books for around $18K - $19K, less than the 328.
Audis don't have higher re-sale value. You're comparing the wrong cars.
A BMW 328i compares more to an Audi A4, not the A5. Perhaps an A5 is halfway in between a BMW 3 series and a 5 series......but it doesn't directly compare to a 328. A 328 does not cost $45K - $50K new....that's much closer to a 5 series. It's not that the resale percentages are any different. 45% of a bigger number is a bigger number. It's just a more expensive car to start with.
A 2009 A4 books for around $18K - $19K, less than the 328.
Luxury Car Salesman ?
Money
Hello I'm a 18 year old female and I am interested in becoming a sales representative. My local bmw dealership doesn't require experience you just have to be professional and of course a SELLER! I wanted to know how much do they get paid? What are the benefits like? Hours? Can you just give me a insight about the job. Thank you!
Answer
Hello.
Take some of this with a grain of salt because I worked as a client adviser for Porsche in the bay area when I was in college....about 20ish years ago.
Now we did have to have experience. Aside from a perfect driving record, knowing how to drive a manual and high performance vehicles etc. you also had to have a great sales record before coming to work for the dealership.
Once in the hours at my shop were flexible and it wasn't overstaffed. Id be worried about working for a shop that doesn't require experience because they probably hire many more people then they should need and that can make it hard to get paid.
We had two teams each run by a sales manager. Pay was a little complicated. Everyone got a salary of $1000 per month base. Then you got a fixed payout per new car sold. A used car you got a percentage of the difference between what the dealership paid for the car and what you sold it for. The more you could get it sold for, the bigger your paycheck.
If you made plan you got a bonus. The bonus was tiered. If you made plan it was a certain payout, if you beat it by a 10% you got more going all the way up to doubling your plan and a pretty massive bonus.
The benefits were ok, but I was young enough to be on my parents insurance. We had a pretty lax car usage policy. If you were there over a year you were in line for a demo model and that ruled. The hours could be long but some guys there made real good money, in the 8 to 10k per month range or more.
If you didn't meet goal 3 months in a row or 4 months in a year you were terminated unless you had a really good reason.
Hope that helps.
Hello.
Take some of this with a grain of salt because I worked as a client adviser for Porsche in the bay area when I was in college....about 20ish years ago.
Now we did have to have experience. Aside from a perfect driving record, knowing how to drive a manual and high performance vehicles etc. you also had to have a great sales record before coming to work for the dealership.
Once in the hours at my shop were flexible and it wasn't overstaffed. Id be worried about working for a shop that doesn't require experience because they probably hire many more people then they should need and that can make it hard to get paid.
We had two teams each run by a sales manager. Pay was a little complicated. Everyone got a salary of $1000 per month base. Then you got a fixed payout per new car sold. A used car you got a percentage of the difference between what the dealership paid for the car and what you sold it for. The more you could get it sold for, the bigger your paycheck.
If you made plan you got a bonus. The bonus was tiered. If you made plan it was a certain payout, if you beat it by a 10% you got more going all the way up to doubling your plan and a pretty massive bonus.
The benefits were ok, but I was young enough to be on my parents insurance. We had a pretty lax car usage policy. If you were there over a year you were in line for a demo model and that ruled. The hours could be long but some guys there made real good money, in the 8 to 10k per month range or more.
If you didn't meet goal 3 months in a row or 4 months in a year you were terminated unless you had a really good reason.
Hope that helps.
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