{"id":114032,"date":"2025-06-06T11:36:26","date_gmt":"2025-06-06T11:36:26","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/"},"modified":"2025-06-06T11:36:26","modified_gmt":"2025-06-06T11:36:26","slug":"how-much-do-finance-managers-at-dealerships-make","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/","title":{"rendered":"How much do finance managers at dealerships make?"},"content":{"rendered":"<p>Finance managers at dealerships play a crucial role in helping customers secure loans and financing for their vehicle purchases. They are responsible for reviewing credit applications, negotiating loan terms with banks and financial institutions, and ensuring that all necessary paperwork is completed accurately and efficiently. One of the most common questions that people have when considering a career as a finance manager at a dealership is how much they can expect to earn in this role.<\/p>\n<p>The salary of a finance manager at a dealership can vary depending on several factors, including the size and location of the dealership, the manager&#8217;s level of experience and education, and the overall financial health of the dealership. In general, finance managers at dealerships can expect to earn a base salary ranging from $50,000 to $120,000 per year, with the potential to earn additional income through commissions and bonuses.<\/p>\n<p>Many finance managers at dealerships also have the opportunity to earn commissions based on the number of financing deals they close each month. These commissions can add a significant amount of income to a finance manager&#8217;s salary, with some managers earning upwards of $150,000 or more per year when factoring in commissions and bonuses.<\/p>\n<p>It&#8217;s important to note that the salary range for finance managers at dealerships is just an estimate, and actual salaries can vary significantly based on individual circumstances. Factors such as the local economy, the demand for financing services in the area, and the manager&#8217;s performance can all influence their earning potential.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#FAQs_about_finance_managers_at_dealerships\" title=\"FAQs about finance managers at dealerships:\">FAQs about finance managers at dealerships:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#1_What_qualifications_do_I_need_to_become_a_finance_manager_at_a_dealership\" title=\"1. What qualifications do I need to become a finance manager at a dealership?\">1. What qualifications do I need to become a finance manager at a dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#2_Are_there_opportunities_for_advancement_as_a_finance_manager_at_a_dealership\" title=\"2. Are there opportunities for advancement as a finance manager at a dealership?\">2. Are there opportunities for advancement as a finance manager at a dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#3_Do_finance_managers_at_dealerships_work_on_commission\" title=\"3. Do finance managers at dealerships work on commission?\">3. Do finance managers at dealerships work on commission?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#4_What_skills_are_important_for_a_finance_manager_at_a_dealership\" title=\"4. What skills are important for a finance manager at a dealership?\">4. What skills are important for a finance manager at a dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#5_How_do_finance_managers_at_dealerships_help_customers_secure_financing\" title=\"5. How do finance managers at dealerships help customers secure financing?\">5. How do finance managers at dealerships help customers secure financing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#6_Is_it_a_competitive_field_to_become_a_finance_manager_at_a_dealership\" title=\"6. Is it a competitive field to become a finance manager at a dealership?\">6. Is it a competitive field to become a finance manager at a dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#7_Do_finance_managers_at_dealerships_work_long_hours\" title=\"7. Do finance managers at dealerships work long hours?\">7. Do finance managers at dealerships work long hours?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#8_Are_there_opportunities_for_professional_development_as_a_finance_manager_at_a_dealership\" title=\"8. Are there opportunities for professional development as a finance manager at a dealership?\">8. Are there opportunities for professional development as a finance manager at a dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#9_Can_finance_managers_at_dealerships_work_remotely\" title=\"9. Can finance managers at dealerships work remotely?\">9. Can finance managers at dealerships work remotely?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#10_Do_finance_managers_at_dealerships_receive_benefits\" title=\"10. Do finance managers at dealerships receive benefits?\">10. Do finance managers at dealerships receive benefits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#11_Can_finance_managers_at_dealerships_earn_bonuses\" title=\"11. Can finance managers at dealerships earn bonuses?\">11. Can finance managers at dealerships earn bonuses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#12_What_are_some_challenges_faced_by_finance_managers_at_dealerships\" title=\"12. What are some challenges faced by finance managers at dealerships?\">12. What are some challenges faced by finance managers at dealerships?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_about_finance_managers_at_dealerships\"><\/span>FAQs about finance managers at dealerships:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_What_qualifications_do_I_need_to_become_a_finance_manager_at_a_dealership\"><\/span>1. What qualifications do I need to become a finance manager at a dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTo become a finance manager at a dealership, you typically need a bachelor&#8217;s degree in finance, accounting, business administration, or a related field. Some employers may also require previous experience in the automotive industry or in finance-related roles.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Are_there_opportunities_for_advancement_as_a_finance_manager_at_a_dealership\"><\/span>2. Are there opportunities for advancement as a finance manager at a dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, many finance managers at dealerships have the opportunity to advance to higher-level management positions, such as finance director or general manager. Advancement opportunities typically depend on the individual&#8217;s performance, skills, and experience.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Do_finance_managers_at_dealerships_work_on_commission\"><\/span>3. Do finance managers at dealerships work on commission?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nMany finance managers at dealerships earn commissions based on the number of financing deals they close each month. Commissions can add a significant amount of income to a finance manager&#8217;s salary.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_skills_are_important_for_a_finance_manager_at_a_dealership\"><\/span>4. What skills are important for a finance manager at a dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nImportant skills for finance managers at dealerships include strong analytical and problem-solving abilities, excellent communication and negotiation skills, and a thorough understanding of financial principles and regulations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_How_do_finance_managers_at_dealerships_help_customers_secure_financing\"><\/span>5. How do finance managers at dealerships help customers secure financing?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFinance managers at dealerships review credit applications, negotiate loan terms with banks and financial institutions, and ensure that all necessary paperwork is completed accurately and efficiently to help customers secure financing for their vehicle purchases.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Is_it_a_competitive_field_to_become_a_finance_manager_at_a_dealership\"><\/span>6. Is it a competitive field to become a finance manager at a dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe field of finance managers at dealerships can be competitive, especially in larger markets with more dealerships. Having a strong educational background, relevant experience, and excellent networking skills can help you stand out in this competitive field.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Do_finance_managers_at_dealerships_work_long_hours\"><\/span>7. Do finance managers at dealerships work long hours?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFinance managers at dealerships may be required to work long hours, especially during peak sales periods or at the end of the month when sales quotas need to be met. However, the exact hours can vary depending on the dealership and its sales volume.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Are_there_opportunities_for_professional_development_as_a_finance_manager_at_a_dealership\"><\/span>8. Are there opportunities for professional development as a finance manager at a dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nMany dealerships offer opportunities for professional development, such as training programs, seminars, and workshops to help finance managers improve their skills and stay up-to-date on industry trends and regulations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_finance_managers_at_dealerships_work_remotely\"><\/span>9. Can finance managers at dealerships work remotely?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile some aspects of the job can be done remotely, such as paperwork and follow-up calls with customers, most finance managers at dealerships are required to work on-site to meet with customers, close deals, and work closely with the sales team.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Do_finance_managers_at_dealerships_receive_benefits\"><\/span>10. Do finance managers at dealerships receive benefits?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nMany dealerships offer comprehensive benefits packages to their finance managers, including health insurance, retirement plans, paid time off, and employee discounts on vehicle purchases and services.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Can_finance_managers_at_dealerships_earn_bonuses\"><\/span>11. Can finance managers at dealerships earn bonuses?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn addition to base salary and commissions, finance managers at dealerships may also have the opportunity to earn bonuses based on their individual and dealership performance, such as meeting sales targets or customer satisfaction goals.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_What_are_some_challenges_faced_by_finance_managers_at_dealerships\"><\/span>12. What are some challenges faced by finance managers at dealerships?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nSome challenges faced by finance managers at dealerships include navigating complex financing regulations, handling difficult customers, and managing multiple loan applications simultaneously. Strong problem-solving and negotiating skills are essential for overcoming these challenges effectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance managers at dealerships play a crucial role in helping customers secure loans and financing for their vehicle purchases. They are responsible for reviewing credit applications, negotiating loan terms with banks and financial institutions, and ensuring that all necessary paperwork is completed accurately and efficiently. One of the most common questions that people have when &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How much do finance managers at dealerships make?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-much-do-finance-managers-at-dealerships-make\/#more-114032\">Read more<span class=\"screen-reader-text\">How much do finance managers at dealerships make?<\/span><\/a><\/p>\n","protected":false},"author":19,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-114032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much do finance managers at dealerships make?<\/title>\n<meta name=\"description\" content=\"Finance managers at dealerships play a crucial role in helping customers secure loans and financing for their vehicle purchases. 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