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Car Salesmen Go From Making 6 Figures To Being On Food Stamps




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Information Car Salesmen Go From Making 6 Figures To Being On Food Stamps


Title :  Car Salesmen Go From Making 6 Figures To Being On Food Stamps
Lasting :   10.33
Date of publication :  
Views :   22 rb


Frames Car Salesmen Go From Making 6 Figures To Being On Food Stamps





Description Car Salesmen Go From Making 6 Figures To Being On Food Stamps



Comments Car Salesmen Go From Making 6 Figures To Being On Food Stamps



Andariego DelMundo🌎
Define "good care of the customer" Markups? Add-ons? I was planning to buy a new carno anymorefixing and upgrading my old reliable truck
Comment from : Andariego DelMundo🌎


Bang38 Plays
You know the old saying those that cant do teach and those that cant teach I guess do youtube!
Comment from : Bang38 Plays


Samuel Pineau
Not all car salespeople are that bad! Same stigma goes for lots of other professions , there is scumbag car salesman’s , just like there is scumbag teachers , priests etc don’t shit on people for selling cars , most people love cars - a good car salesperson and top performer not on food stamps :)
Comment from : Samuel Pineau


TravelinMan
I'm laughing hysterically at the fact that a lot of slimy car salesmen and greedy dealerships are now feeling the pinch, just like the ones [us customers] they have been screwing over for DECADES! F^*k 'em Let them feel the same economic pain like most Americans are experiencing right now In 2019, a Ram Rebel would set you back about $44+k dollars (w/ discounts from $50k) That same truck is now selling for over $70k dollars I'm not paying that much for an NA powertrain equipped pickup
Comment from : TravelinMan


sthier24
Ever heard of graphics?
Comment from : sthier24


Carl J
The clown show with Benny the lot lizard clickbaiter pos
Comment from : Carl J


Michael Smitka
What's a car dealer to do when they have no incoming vehicles? I live in a rural area, MSRP because they depend upon repeat customers and people being willing to come back for service I didn't ask (I will next time I visit) but I suspect that if you're not local – you have to give personal information pretty early in the process – they will find a way to show you out the door You either have to ration to desirable customers, or charge over sticker Urban megadealers can't count on repeat business even in normal times, so tend to charge over MSRP Repeat customers (those high-performing sales people) can (quietly) do better, especially if they got their previous vehicles serviced at the dealership
Comment from : Michael Smitka


Easton Edwards
I sold 21 cars last month at KIA We had the best month we’ve ever had as a company…
Comment from : Easton Edwards


Smooth Operator
A sales guy literally was calling me private when I started to ignore his calls…Emailed me from odd email addresses,Texted from different numbers…This video explains it allDidn’t but the vehicle though,I’m taking my time
Comment from : Smooth Operator


Michael
Why do we need salesman if they just go to the manager anyway?
Comment from : Michael


Mao N
I don't need your lecture on economics I don't like you wishing car dealerships going broke I don't like your predictions of the crash!
Comment from : Mao N


Sierra-Legacy Avila
I want to buy a good decent used car like a Ford Edge 2020 SEL, but the asking price is crazy Slightly over 8 interest rates make even used cars with light mileage almost our of reach
Comment from : Sierra-Legacy Avila


havejay
Machanic making six figures at a dealership 😂😂😂😂😂😂
Comment from : havejay


Outsider Reviews
No love lost here they were making a killing in the last few years and would have to be an idiot in order to think it was going to last lol They should save their money when times are good
Comment from : Outsider Reviews


M Mahtnart
I my area, some former car salesmen have taken their knowledge of smoke and mirrors/deception/trickeration/shyster-ism/etc and applied said knowledge in the Medicare Supplement arena Scamming seniors at a most vulnerable time in their lives
Comment from : M Mahtnart


Miya
I respect most of your conent but i think you make up these clickbaity videos just to keep with the narrative your making My Toyota dealerships in CT is doing just as fine as this past summer and we are beating last year's records We still have hundreds of orders and we sell everyything before it arrives on the lot Don't want to jinx anything but this is reality and it's good for now
Comment from : Miya


G-Force
Profit per vehicle is up, but much lower volume, so there is no longer much need for salesmen when lots are empty and it’s an internet order
Comment from : G-Force


E J
If Car Salesmen didn't put away money from the good times of the last 2 years its their own fault The business like the economy is cyclical and its always best to save for a rainy day
Comment from : E J


Jim M
I believe that the traditional dealerships that we all love to hate are going to be a thing of the past in a few years Tesla has proven that the whole sales model will change and the changes slowly eliminate franchised dealers and replace them with direct manufacturer to consumer sales Many dealers have cut their own throats by inflating prices and taking advantage The franchise laws have been in place for many years and it will take time for change
Comment from : Jim M


TechFollower
Haha title is so funny 🤣
Comment from : TechFollower


freedom star
People who get paid to lie , I don't feel sorry for them one bit !
Comment from : freedom star


lalutte65
no sympathy for peddlers that have stuck people with vehicles where they are going to be thousands of dollars upside down when this market corrects
Comment from : lalutte65


Marc Vivori
The last few years has provided most salespeople with an artificially high income because they weren’t being paid on their ability, they were just “Order Takers” in a high demand market Honestly I’m pleased because I grew tired of their “take it or leave it” attitudes Now we’ll see the real sales people survive while the “Order Takers” go to McDonalds
Comment from : Marc Vivori


TheTraveler
Good This is a legalized criminal "profession" that would have been dead ecades qgo if not for 100 year old laws protecting these scum bags
Comment from : TheTraveler


Kim Kennedy
Oh, one more thingdeflation is apparently starting Just a few days ago, I was buying gas for $330, but yesterday, within hours, the price went down to $277/gal, and I expect it will drop lower People just aren't buying, so I would expect a sudden drop in car prices to follow
Comment from : Kim Kennedy


Drewscruis
Karma is coming for the car salesman
Comment from : Drewscruis


Nabil Meziane
Here we go fire background and dumb look for a thumbnail on the same video you’ve made 55x over the past month
Comment from : Nabil Meziane


GOLE R
i couldnt see this being true maybe in small towns and middle of no where but in big cities, dealers are still making a killing because people are still buying cars at or over MSRP which is already an inflated price I mean, used civics, camrys etc are selling for almost their MSRP values with tens of thousands of miles on them and years old Big markets are going to continue as if nothing is happening
Comment from : GOLE R


DarkCalibur
7:53 “take good care of customers”brwell, it’s a reality that’s not gonna happen
Comment from : DarkCalibur


heresteven
There should be one to one and half million job lost next year Walk ins should dwindle down to just lookers There should be more repo cars for sale So used car sales might be busier But people don't want to have a big loan to pay during a recessionbrDealerships will fire sales people who can't close deals If they can't move inventory, expect a pink slip
Comment from : heresteven


david holmes
Hi Ben There will be a glut of salesmen in 2023 and sales managers looking for a job this will have a knock on effect through the dealerships staff
Comment from : david holmes


GM Holden
F*ck em they were sticking it to people with no lube for the past 2 yrs And I identify as a peasant looking for a new vehicle
Comment from : GM Holden


Dodger Blue
Went to a dealership today The advertised price wasn't available because of dealer installed upgrades Wheels locks ($30)brDoor edge and handle protection which might be ($100) and the total for upgrades was $2900 which amazingly brought it up to the same base price of a car not advertised on sale Same old bull shit but they are supposed to be starving?
Comment from : Dodger Blue


Bingo Bunga
We will see, patiently waiting for these ridiculously inflated used car prices go back to normal F150s are insanely overvalued Hopefully the lack of sales will starve and punish these dealers and FORCE them to drop the prices
Comment from : Bingo Bunga


BLACK NOY
Let’s talk about CARMAX
Comment from : BLACK NOY


Matthew Smith
Cars and massive trucks still selling like hotcakes!!! No one gives a fuck!
Comment from : Matthew Smith


Mark Hamilton
There’s a lot of cross over between car salesman and mortgage loan officers Since the mortgage business is down 90 year over year I guess there’s about to be a lot of Solar Salesman lol 😂
Comment from : Mark Hamilton


Michael Bassett
Car dealers are inbred They are not really corporate the owners hire people they like and have groomed for years It takes ZERO cognitive ability to be car salesman Only ability needed is bullshit artist Kinda like what you do Ben?
Comment from : Michael Bassett


Michael
I won't miss car stealerships I like Tesla's direct to consumer model
Comment from : Michael


kiriaz82
If you make 6 figures, don’t have enough money to save some of it ? At least 30
Comment from : kiriaz82


Nathaniel Carreon
No sympathy
Comment from : Nathaniel Carreon


Hwan Jung
I have very little sympathy
Comment from : Hwan Jung


Alex
That’s like hearing child molesters are going to the electric chair
Comment from : Alex


Alex
That would be great
Comment from : Alex


East17A
all the financial disaster problems we are facing here are due to the lack of one of the most important human behavior society suffers a severe lack of ethics and integrity making money is entirely different from making honest money just because you pay taxes and work on the books doesn't make it right I was unemployed with no money back in 2008, I was offered a $ 15-per-hour job that involves me in evacuating people from their homes during the housing market meltdown I refused the job because it didn't feel right we need to raise our ethics to the level where making money doesn't necessarily come with messing up someone's life where did this come from and why as a society can't just change that behavior!!
Comment from : East17A


bealestreet
graphics please Fivver
Comment from : bealestreet


Sean Chang
These clickbait headlines man
Comment from : Sean Chang


T S
Asked about a Raptor that’s been on the lot for 41 days, recently Firm $10k markup
Comment from : T S


Magnum Johnson
I think car salesmen are scumbags
Comment from : Magnum Johnson


new generation
This guy is wrong Salesman are not on food stamps and car sales is not down ! Now Carvana got hurt because they paid too much for the cars ! There is a profit everytine a car rolls off the lot Salesman get 20- 30 percentage of the deal The car lot does not loose money on a car , they hold it untill they make a profit! This guy is dreaming ! Wrong wrong wrong I was making more money in 2008 during the crash It's called either you buy as a customer or you don't get a car ! Specially in the used market
Comment from : new generation


Midlife crisis
Powell just sealed their fate No more loans for you !!!
Comment from : Midlife crisis


RIFFMANIA
I was working for Ford in the last two months They added a commission cap already on top of the fact that we are barely getting any walk-ins, and our Internet leads department doesn’t have anything for us It is really bad
Comment from : RIFFMANIA


Rory Calhoun
Say NO & WALK Bottom line-
Comment from : Rory Calhoun


CJ
I seen my friend the last 2 years brought a house during COVID, 2 cars, and a baby All while working 50-60+ hours at a dealership he commutes 60 minutes away
Comment from : CJ


Speedy
Hahahhahahahhahahhah
Comment from : Speedy


Mark Bunker
I don't feel bad for them
Comment from : Mark Bunker


LAND_OF_THE_FREE_
Paybacks a Beotch!!!
Comment from : LAND_OF_THE_FREE_


Ken Tapley
I hope all of them go broke Ripping people off and price gouging, I told a couple I stopped and looked at cars and they had their $8000 and $10000 bullshit “market adjustment “ on the window and of course didn’t buy I told them to enjoy having Christmas every day while it lasted I also learned which dealers I would never buy from in future no matter how good the deal was The price gouging really showed me which dealers were more crooked than others
Comment from : Ken Tapley


Greg Speth
😂😂😂😂 F-em
Comment from : Greg Speth


Don denis
Why don't car dealers just pay their sales staff a salary with a bonus if say they sell moire than 10 cars a month This would take the stress away from the salesperson and also makes the car buy-in expensive much more pleasant for the customers who walk through the doors
Comment from : Don denis


Joel Ballard
Nice click bait Absolutely nothing is happening Do people actually care if car salesman go bankrupt? They are 100 non value added and in the way of good deals
Comment from : Joel Ballard


Mikey777
and Realtors
Comment from : Mikey777


Thomas McIntosh
I worked in accounting at an independent used car dealership for 5 years and most salesmen were very bad at managing their finances Most were broke with a week of getting their commission check
Comment from : Thomas McIntosh


james
Bro you have net and gross profit confused
Comment from : james


August West
I guess my boring government job isn’t so bad after all 💁‍♂️
Comment from : August West


Void’s Disciple
I'm deciding if I want a TRX or Wrangler 392 as a toy, and I have a contact at my local Dodge dealer He's going to have to do better than msrp to get me to pull the trigger
Comment from : Void’s Disciple


Red
Don’t feel the situation for the dealerships are as half bad as you described I have been in a few of them shopping lately They are not as aggressive to sell their cars as far as my experience tells so far And they are still charging over MSRP without problem Also used cars prices are very firm and dealerships refuse to negotiate meaningfully still
Comment from : Red


slam Dabaibeh
We LOVE you ben
Comment from : slam Dabaibeh


Paul Felkner
As a tax auditor who audited I don't know how many auto dealerships, I never saw a formula where the owner took direct revenue from the sale of each car Was there an internal document where the sales managers, and the owner gets a percentage? I guess, but never saw it Normally they take W-2 wages and net profits
Comment from : Paul Felkner


Martyvison
Wasn’t this you before YouTube ?
Comment from : Martyvison


Travis Pace
Let's not forget the fleet guys who are laughing at retail right now
Comment from : Travis Pace


darnell kimbrew
These places been milking people Forever
Comment from : darnell kimbrew


Scarface Martin Beats
I can testify that the sales people I work with were definitely making 3x the money, 6 months ago, to what they are making now Times have flipped back to pre-pandemic sales
Comment from : Scarface Martin Beats


Mark McCormack
It's a scam like furniture stores and jewelry stores
Comment from : Mark McCormack


Chris Smith
It's really pretty simple Regardless of market fluctuations, a professional will make a professional wage The short timers, non committed green peas will drop out once it becomes too hard
Comment from : Chris Smith


Mike R
Sorry not really feeling bad for themthey've been farking us for years now with overpriced crap
Comment from : Mike R


Hector Menchaca
How much money makes the dealership on every car sale
Comment from : Hector Menchaca


Simon S
They should have saved some of those 6 figure incomes for a rainy day!!!!!!! No Sympathy!!!!
Comment from : Simon S


Hector Menchaca
What is the percentage for the salesperson on every sale?
Comment from : Hector Menchaca


Longfellow
bHere in California, Honda and Toyota dealerships are still charging $7-9k over corollas and camrys despite having hundreds just sitting on the lot (as of Dec 2023) Can't be doing that bad/b
Comment from : Longfellow


Mark Speltz
I don’t like seeing people not being able to provide for their family, but at the same time, feels a bit like karma 🤔
Comment from : Mark Speltz


tim oneill
Ben went o ford dealer in new york had 2 door bronco wide there asking 16000 over stcker you see in lot with 1 salemens name on at least cars and trucks he soldother salesmen had nothing in lot with there name on ithad about 8 salemens in lobby looking at there phones tim
Comment from : tim oneill


Mike Chevelle
Way too many layers of management
Comment from : Mike Chevelle


tiger tastic
Cool, appreciate learning about their business model Thanks for sharing
Comment from : tiger tastic


Raul Miranda
Unbelievable, blame the greedy dealers for this Did this to themselves! With interest rates going up, people aren't buyingbrThat's making the situation worse
Comment from : Raul Miranda


Binyamin Shimovich
Honestly I'm not feeling sorry for thembrThey are continue being greedy and they will screw you by the end of the day
Comment from : Binyamin Shimovich


Jonathan Taylor
Not good because a lot of those sales guys sold themself a car too for over $1,000/month
Comment from : Jonathan Taylor


Tom Starcevich
My buddy lost his job at a Ram dealership in October he was a sales guy for 7 years he's gone now 😮🛻
Comment from : Tom Starcevich



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