as a car salesman, my paycheck comes from used cars. Personally, I would probably buy a new car in my life anyway, the deprication factor is too much.
the biggest comission I ever made was about 3600 but my average comission is about 600 bucks, and I refuse to sell a used car less than 1000 than what we own it for... why?
with that said, I just got back at a dealership last week... I just left a tent sale down in south florida where I was "recruited" to work for... if you ever want to see what a dealership was like 15 years ago, go to a tent sale. everyone there are 20 year vets (I am 23) who have no holes barred tactics... I had one salesman so bad I felt bad for customers he was so agressive... but he made money, alot of it so at the end of the day, who is right and who is wrong?
new car sales has it's place.. I sell enough new cars to hit my bonus money or if there are any special mazda (I sell mazdas) money on any cars.. other than that I perfer to sell used cars. I know just about everything about every car, I can sell a Sebring just as easily as I could sell a Mazda 3, which is a plus for me.
because this is my career and not a fad, I try not to rape customers becuase I plan on selling them a car in 2-3 years... I recommend every customer puts 10 percent down on their car and finanice for no more than 60 months, that way I know I am going to be in a positive equality situtaion in 2 and a half 3 years from now when they come back... very rarely will I recommend stretching payments longer than 5 years, which is how you really make money.
I have no qualms about marking a used car up 2 grand, you put down 1 grand-1500 and you are paying it off in 6 years... you still are usualy buying the car for around what the car is actually worth if you look at retail averages, and becuase you are paying it off quicker than the average american (seems to be 72 months these days), you will have more equality than the average person