Car dealer vs broker

The differences between car dealers and brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $54,245 average annual salary of a car dealer.

The top three skills for a car dealer include car inventory, customer service and OEM. The most important skills for a broker are brokerage, financial services, and insurance products.

Car dealer vs broker overview

	Car Dealer	Broker
Yearly salary	$54,245	$124,861
Hourly rate	$26.08	$60.03
Growth rate	-	5%
Number of jobs	7,061	2,770
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 66%
Average age	41	49
Years of experience	-	-

Car dealer vs broker salary

Car dealers and brokers have different pay scales, as shown below.

	Car Dealer	Broker
Average salary	$54,245	$124,861
Salary range	Between $32,000 And $91,000	Between $68,000 And $227,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Child Guidance & Family Solutions
Best paying industry	-	Insurance

Differences between car dealer and broker education

There are a few differences between a car dealer and a broker in terms of educational background:

	Car Dealer	Broker
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	-	University of Southern California

Car dealer vs broker demographics

Here are the differences between car dealers' and brokers' demographics:

	Car Dealer	Broker
Average age	41	49
Gender ratio	Male, 70.9% Female, 29.1%	Male, 63.8% Female, 36.2%
Race ratio	Black or African American, 10.1% Unknown, 5.1% Hispanic or Latino, 23.0% Asian, 6.8% White, 54.5% American Indian and Alaska Native, 0.5%	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	7%	13%

Differences between car dealer and broker duties and responsibilities

Car dealer example responsibilities.

Enhance dealership reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
Assist management with problems or questions; coordinate with senior dealers daily in establishing meetings.
Collaborate with OEM national retail programs and business partner companies to increase OE replacement tire sales in auto dealer channel.
Perform varied management tasks including human resources and financial controls.
Enhance dealership reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
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Broker example responsibilities.

Manage, lease and sell office condominiums on site.
Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
Expand and maintain professional relationships with trading accounts including banks, hedge funds and portfolio managers.
Specialize in finding undervalue and/or overbought commodities by using fundamental and technical analysis that exist throughout the markets.
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Car dealer vs broker skills

Common car dealer skills

Car Inventory, 38%
Customer Service, 27%
OEM, 19%
Dealer Trades, 9%
DMV, 4%
RAN, 3%

Common broker skills

Brokerage, 17%
Financial Services, 9%
Insurance Products, 7%
Risk Management, 6%
Client Relationships, 6%
Real Estate Transactions, 5%