How much do BMW dealerships make?
How much does a Dealer make at BMW Group in the United States? Average BMW Group Dealer yearly pay in the United States is approximately $60,384, which is 37% below the national average. The estimated total pay range for a Car Salesman at BMW Group is £17K–£66K per year, which includes base salary and additional pay. The average Car Salesman base salary at BMW Group is £18K per year. The average additional pay is £26K per year, which could include cash bonus, stock, commission, profit sharing or tips.The average car salesman salary in 2024 is $58,245 per year, but luxury car salesmen can earn $100K+ per year. Commission structures vary by dealership, typically 20% to 40% of front-end profit per sale. Luxury brands (Porsche, Mercedes, Ford, BMW, etc.According to the National Automobile Dealers Association, the average profit margin for a new car is about 3%. However, car dealerships typically sell a large number of new cars each year. So, even though the profit margin on each sale may be small, the total profits can add up to a significant amount.
What is the cheapest BMW price?
BMW car price starts at Rs 45. Lakh for the cheapest model which is 2 Series Gran Coupe and the price of most expensive model, which is XM starts at Rs 2. Crore. The Top BMW cars under 50 Lakh are BMW iX1 (Rs. Lakh), BMW 2 Series Gran Coupe (Rs. Lakh). To know more about the latest prices and offers of BMW in your city, specifications, pictures, mileage, reviews and other details, please select your desired car model from the list below.THE BMW 5 LONG WHEELBASE DRIVE HOME AT A SPECIAL EMI OF ₹70,000*/MONTH. STARTING AT ₹75. LAKH. FLEXIBLE DOWN PAYMENT & ASSURED BUYBACK WITH SMART FINANCE PLAN. ADDITIONAL BENEFITS WORTH ₹1. LAKH*.
What’s the average income of a BMW owner?
The average household income of a new BMW 7-Series buyer is $184,170. On the other hand, the popular BMW 2022 3-Series has a starting MSRP of $41,450 for the 330i. The average household income of a new BMW 3-Series owner is $116,550. While ZipRecruiter is seeing annual salaries as high as $96,000 and as low as $11,000, the majority of Bmw Car Sales salaries currently range between $50,000 (25th percentile) to $77,500 (75th percentile) with top earners (90th percentile) making $92,000 annually across the United States.Average BMW Group hourly pay ranges from approximately $13. Concierge to $35. Automotive Technician. The average BMW Group salary ranges from approximately $36,879 per year for Service Attendant to $132,348 per year for Car Sales Executive.