Seeking Advice On Career In Ferrari Sales | FerrariChat

Seeking Advice On Career In Ferrari Sales

Discussion in 'New York Tri-State' started by Ferrari18, Jun 2, 2007.

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  1. Ferrari18

    Ferrari18 Rookie

    Jun 2, 2007
    1
    Hi, I'd be grateful if members of this forum could offer some advice on a career selling Ferraris. I don't have auto sales experience, although I have a successful career in corporate sales, seeking a career change to selling the most beautiful and legendary automobile in the world. Thanks.
     
  2. anil871

    anil871 Karting

    Nov 21, 2006
    75
    Im not to sure but im guessing that you would need a few years expirience in selling some other brand of car before they would even consider you to sell a ferrari, again thats just me assuming
     
  3. Endaar

    Endaar Karting

    Apr 24, 2007
    57
    Long Island, NY
    Full Name:
    James
    Well the good news is most "normal" dealerships (read: non-Highline) are constantly looking for salespeople so it shouldn't be hard to get a sales position and get some experience.

    That said, usually as you move up the automotive food chain, the salespeople are more likely to be people with prior managerial experience. So I'm not sure "just" being a salesperson at a Honda dealership for example would even get you considered at an Exotic dealership.

    I'd also be remiss if I didn't mention that selling cars for a living is a miserable career choice unless you end up in a great dealership with the right management team. Unfortunately, those are the dealerships that can afford to be pickier with who they hire, so you may have to start out in a less desirable store.

    Even in a great dealership, the hours stink. But it can be a lucrative field, and there is usually a lot of room for advancement if you are good with customers and a hard worker.
     
  4. Parikh1234

    Parikh1234 F1 Rookie
    BANNED

    Apr 9, 2006
    4,726
    Little Ferry, NJ USA
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    Shivam Parikh
    i bet you would get a TON of sales if you threw in a free fire extinguisher with every purchase. That way they can put out the fire when their Ferrari catches on fire.
     
  5. Cscat87

    Cscat87 Formula 3

    Oct 23, 2006
    1,220
    Long Island
    Full Name:
    Chris
    haha "In case of fire, marshmellows in glovebox" -Rob Ferretti
     
  6. LAMBOJOE

    LAMBOJOE F1 Rookie

    Nov 2, 2006
    3,190
    Brooklyn NY
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    Joey
    #6 LAMBOJOE, Jun 3, 2007
    Last edited by a moderator: Sep 7, 2017
    you are such a hater
    stop hating on Ferrari's
    Image Unavailable, Please Login
     
  7. Thorgs

    Thorgs Karting

    May 1, 2007
    197
    Farmington, CT
    Full Name:
    Eric
    Well, my guess would be they'd give you a week trial run to see how you do. Know as much as you can about the Ferrari's so you'll be the most prepared salesman/woman on the floor. Then again, I really have no idea what I'm talking about :)
     
  8. TheBigEasy

    TheBigEasy F1 World Champ
    Consultant

    Jun 21, 2005
    18,645
    California
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    Ethan Hunt
    It's not as glamorous as you might think.

    And you would probably make more money at a high-volume dealership.

    Honda dealerships make much more money than Ferrari dealerships.

    Figure out a way to make money and then you can buy your own Ferrari rather than spending all day dealing with some other guys car.
     
  9. Thorgs

    Thorgs Karting

    May 1, 2007
    197
    Farmington, CT
    Full Name:
    Eric
    I agree with chase. You'll also have a more consumers coming in if you work at Honda compared to that of Ferrari. My advice, work at a Honda stealership that's nextdoor to a Ferrari dealership. That way you can still see the cars you're working so hard for and not lose sight of your dream :)

    BTW, I hear that 'pharmaceutical sales' is where the money is.
     
  10. Parikh1234

    Parikh1234 F1 Rookie
    BANNED

    Apr 9, 2006
    4,726
    Little Ferry, NJ USA
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    Shivam Parikh
    punk!
     
  11. sjmst

    sjmst F1 Veteran
    Lifetime Rossa

    Jul 31, 2003
    9,854
    Long Island, NY
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    Sam
    I have read a bit about what selling cars is like. It really has very little to do with the actual car. Car sales people may as well be selling refrigerators, in terms of the passion involved. It is all about sales. Period. This is not to discourage you, or to say that your passion for the vehicle is not a plus.

    But, the number one criteria is: can you sell? close deals?
     
  12. Endaar

    Endaar Karting

    Apr 24, 2007
    57
    Long Island, NY
    Full Name:
    James
    It's a heck of a lot easier to sell something you believe in. The best salespeople can sell stuff they don't like, but for most salespeople, actually being enthusiastic for the product makes a huge difference.
     
  13. Parikh1234

    Parikh1234 F1 Rookie
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    Apr 9, 2006
    4,726
    Little Ferry, NJ USA
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    Shivam Parikh
    agreed. Not only in sales but anything you do in life. Its always more fun if you are passionate about it.
     
  14. Nabbs

    Nabbs Formula Junior

    Dec 23, 2003
    909
    Manhattan, NY
    Full Name:
    Naveed
    You could always sell Evos. All you need to do that is to be able to convince the mildly retarded that downforce > *.

    JMHO
     
  15. Black355

    Black355 F1 Veteran

    Feb 3, 2004
    5,255
    10036
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    Emil
    As someone who actually owns a Ferrari and deals regularly with two fantastic dealers on both coasts, here some observations that may help:

    - Have a love for all things Ferrari. It's not just cars. It's racing. It's style. it's art. It's culture. There's a lot more to Ferrari once you get under the metal, so to speak. It must be a real passion. An honest appreciation.

    - Be direct, straight forward and true to your word. Ferrari ownership is not about wrighting a check and driving away. It's about cultivating the relationship with your customers. And earning the loyalty that comes from that relationship. Becoming part of the family.

    - It's a commitment. Not an experience to be entered in to lightly. A commitment to become an ambassador to one of the most successful and influential brands on the planet. It's nothing that you can do for a little while and then move on.

    As for getting started, well, I'd take a soft-sell approach and remember that doing business witbh Italian companies takes time. Lots and lots of time.
     
  16. MPRTKLR

    MPRTKLR Karting

    Mar 18, 2007
    73
    Full Name:
    Russ
    having a successful sales career and currently looking for new opportunities, I thought about making my passion, cars, my career. I looked into auto sales, but as mentioned before the higher end dealerships require auto sales experience. The local MB dealer is advertising 100-200k salary for new reps, but REQUIRE dealer experience. There are MANY local "lower level" dealerships looking as well, but the salaries are next to nothing and do not offer anywhere near the same benefits. I would like to be able to work in a car related industry, but I am not willing to start over essentially, just because I dont have "dealership" experience, yet have true sales experience, and most likely know more about cars then the current employees. So in short, best of luck in your search, as my search is still on-going.
     
  17. MPRTKLR

    MPRTKLR Karting

    Mar 18, 2007
    73
    Full Name:
    Russ
    P.S. If anyone knows anyone in the automotive industry looking for a motivated person with ~5 years experience in sales and management, please let me know.
     
  18. TheBigEasy

    TheBigEasy F1 World Champ
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    Jun 21, 2005
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    Ethan Hunt
  19. MPRTKLR

    MPRTKLR Karting

    Mar 18, 2007
    73
    Full Name:
    Russ
    Chase, thank you for the link. It looks like a wonderful opportunity, but I am by no means an avid golfer, and know very little about the game. Why can't you be selling racing equipment to tracks across the country? If I could deduct my racing expenses, you would barely even need to pay me. In all honesty, it sounds like a fantastic opportunity for someone who loves golf and has sales experience, but that is just not me. I will refer anyone I come across over to you though. Best of luck.
     
  20. TheBigEasy

    TheBigEasy F1 World Champ
    Consultant

    Jun 21, 2005
    18,645
    California
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    Ethan Hunt
    To produce our green guides we use land surveying lasers that were $100,000 each. If we were to scan every turn of a race track and make a book for that track showing the slope of each turn and other sections of the track, do you think anyone would buy that? I'm just thinking out loud here, if you think you could sell that to a race track let me know because we already have 3 lasers. :)
     
  21. Endaar

    Endaar Karting

    Apr 24, 2007
    57
    Long Island, NY
    Full Name:
    James
    Take that with a grain of salt. First off, it's NOT salary, it's commission.

    And the reason most places advertise income like that is because anyone on commission can potentially earn an unlimited amount of money, given enough customers and enough sales. Of course there's a finite amount of both to go around so income level depends on both the store's potential and the individual's ability to sell.

    In the same store I had salespeople earning 30k and people earning 90k, to give you an idea of the range.

    Yes, there are plenty of auto salespeople earning six figures. But they're generally going to be the top one or two performers in a very strong store, selling the right product in the right location.
     
  22. MPRTKLR

    MPRTKLR Karting

    Mar 18, 2007
    73
    Full Name:
    Russ

    Yes, you are correct. I did not mean to sound mis-leading and I do understand it is a commission based business, which most sales positions are. I meant and should have said 100k-200k total compensation potential, not salary. However, this particular MB dealer is probably one of the largest in the country, Prestige Mercedes. I would be willing to bet all of their sales people are doing well, however, that is why they are able to be a little more picky on who they hire. I know quite a few people over there and know how demanding they are in their expectations, which is why they require dealership experience. They are not looking to train people from the ground up. I do think it is important that commissions remain un-capped, as some pharm. companies are capping earning potential, however, like you mentioned it is mis-leading.

    Also, I apologize for somewhat hijacking this thread. Best of luck to everyone.
     

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