Automotive Finance Manager Salary

An Automotive Finance Manager earns an average salary of $63,434 per year. The highest paying skills associated with this job are Sales Management and Financial Analysis.

$23,990 - $144,314
$24K
$63K
$140K
MEDIAN: $63,434
10%
50%
90%

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$10.14 - $29.59
$10
$15
$30
MEDIAN: $15.26
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$23,990 - $144,314  
   
Bonus
$993 - $58,723  
Profit Sharing
$10.00  
Commission
$4,000 - $150,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$31,290 - $152,637  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 166
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30$60$90
Hourly Rate
$10.14 - $29.59  
   
Overtime
$16.88  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$993 - $58,723  
   
Commission
$4,000 - $150,000  
Profit Sharing
$10.00  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$31,290 - $152,637  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 11

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Job Description for Automotive Finance Manager

Automotive finance managers, also sometimes called finance and insurance administrators, work at auto dealerships to help determine the appropriate financing option for customers. They must understand their organization's best practices and offers, as well as be knowledgeable about credit and financing procedures, title laws, and registration processes. These managers must ensure that all deals are compliant with local, state, and federal law. Other tasks performed by automotive finance managers might include conducting negotiations with customers, assisting the department manager with any necessary tasks, submitting financial arrangements to banks, and completing other tasks associated with the loan process.

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Automotive Finance Manager Tasks

  • Discuss customer financing needs and eligibility.
  • Check customer credit scores.
  • Review and adjust sales contracts.
  • Preparing, finalizing and filing financial records and paperwork.

Automotive Finance Manager Job Listings

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Pay by Experience Level for Automotive Finance Manager

Pay by Experience for an Automotive Finance Manager has a positive trend. An entry-level Automotive Finance Manager with less than 5 years of experience can expect to earn an average total compensation of $56,000 based on 95 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Automotive Finance Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $84,000 based on 48 salaries. An experienced Automotive Finance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $88,000 based on 52 salaries. An Automotive Finance Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $84,000 based on 25 salaries.

Related Job Salaries

Key Stats for Automotive Finance Manager

Gender

Female
35 %
Male
65 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.
Less than 1 year
5%
1-4 years
40%
5-9 years
18%
10-19 years
24%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Automotive Finance Manager Salaries

Experienced
▲17%

▲12%

Late-Career
▲12%

National Average
$75,000

Entry-Level
▼25%

Skills That Affect Automotive Finance Manager Salaries

Sales Management
▲28%

Financial Analysis
▲23%

National Average
$75,000

▼8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
5%
1-4 years
40%
5-9 years
18%
10-19 years
24%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 51%
vision benefits
Vision: 44%
no benefits
None: 30%