If you have been doing some research about buying a new car you may have come across the term “Dealer Holdback“. An simplified explanation of the term dealer holdback, it is the secret money that the manufacturer pays the dealer when they sell you a car. The dollar amount of the dealer hold-back is not published out there for the [...click title to continue reading...]
 In my efforts to provide you with more insight to the car business, I will show you how your car salesman pay plan works. At most car dealers throughout the country you car salesman gets paid by 100% percent commission. There is no such thing as a car salesman salary. If they go to work all day and do not [...click title to continue reading...] |
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