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According to Capital One, the 20/4/10 rule can help you determine how much car you can afford if you meet these requirements: 20% down payment: You are able to put down at least 20% on the car.
The cost of owning and maintaining a car varies greatly depending on your cost of living. However, it may surprise many to learn that if you want to buy a new car you'll need to earn a six-figure...
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An automobile salesperson is a retail salesperson who sells new or used cars. Unlike traditional retail sales, car sales are sometimes negotiable. [ 1 ] Salesmen are employed by new car dealerships or used car dealerships.
Car payments are expensive. The Experian State of the Automotive Finance Market Report for Q2 of 2024 shows that average monthly payments are $734 for a new vehicle and $525 for a used one. And ...
The typical pay structure may be composed of a basic salary with an additional amount of commission, known together as a "package". The package usually involves a contract between the company and the salesperson that ensures a specific commission percentage, fixed lump sum payment, or a combination of both, provided that the salesperson hits ...
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