10 Highest-Paying Ways To Make Money If You Love To Buy and Sell Cars

Professional Engineer Works on a Computer with a 3D CAD Software and Tests the Electric Car Chassis Prototype with Wheels, Batteries and Engine Standing in a High Tech Development Laboratory.
gorodenkoff / Getty Images/iStockphoto

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

The automotive industry is as cut-throat as it comes. But it can be exciting and rewarding for car lovers, salesmen, manager types and engineering specialists. There are plenty of lucrative opportunities for those with enthusiasm, and even more for those with experience.  

According to leading employment marketplace ZipRecruiter’s “Highest Paying Automotive Jobs in 2024” listing, many of the top-paid jobs in the automotive field are for upper-level engineering and management positions. If you love buying and selling cars, the sky’s the limit, as salary ranges show.

However, vehicles of every kind require workers with specific skill sets, so if you’re a mechanic with experience with diesel engines or a transmission specialist or a master diagnostic technician, you’ll command a very competitive salary as well.

Here are 10 of the highest-paying jobs for go-getting gearheads, according to ZipRecruiter.

10. Powertrain Engineer

Annual Salary Range: $85,500-$102,500

A bachelor’s degree plus a major in automotive engineering, mechanical engineering or electrical engineering, will help you get a job as a powertrain systems engineer. These engineers attend to powertrain components — engine, transmission, driveshaft, transfer case, axles and differentials — and their supporting software and electronics.

9. Dimensional Engineer

Annual Salary Range: $76,000-110,000

According to ZipRecruiter, a dimensional engineer’s “primary responsibilities include designing components for the assembly process to increase productivity and safety,” in addition to analyzing data and troubleshooting manufacturing processes.

8. Automotive Sales Manager

Annual Salary Range: $62,000-$132,500

Manager positions are highly paid due to expected levels of performance and profit. Sales managers ensure customer retention and profitability by hiring, training and measuring the performance of salespeople and establishing customer-focused sales standards.

Today's Top Offers

7. Chassis Engineer

Annual Salary Range: $80,000-$133,000

Automotive engineers apply mechanical, electrical, electronic, software and safety principles a vehicle’s various components and systems. Chassis specialists assist with the design and testing of a car’s foundational frame and its parts.

6. Used Car Manager

Annual Salary Range: $81,000-$138,500

Managing a used car department or dealership involves the earing of many hats and balancing even more spinning plates. As the top liaison and overseer of inventory and sales, the manager is responsible for the success or failure of a used car lot.

5. Automotive General Sales Manager

Annual Salary Range: $100,500-$142,000

General sales managers are in charge of maintaining sales quotas by managing a team that will meet or exceed target sales numbers. If revenue decreases, it’s up to them to determine a sales strategy that will right the ship.

4. Transmission Rebuilder

Annual Salary Range: $55,000-$146,500

Transmission technicians work on gear trains, couplings, hydraulic pumps and other parts of transmissions. An extensive knowledge of computer controls and the ability to diagnose electrical and hydraulic problems are needed to work on these complex components.

3. Automotive Service Director

Annual Salary Range: $92,000-$150,000

Like a sales manager, the service director handles the service and parts side of a car business, ensuring the operation is running efficiently and customers are satisfied.

2. Heavy Equipment Sales Manager

Annual Salary Range: $71,000-$155,500

Heavy-duty vehicles are those used primarily for construction and earthmoving jobs. Like all managers, those working in heavy equipment are responsible for leading, motivating, managing and evaluating the sales team members to achieve sales targets and objectives.

Today's Top Offers

1. Dealership General Manager

Annual Salary Range: $51,500-$192,500

The big boss at a dealership “assumes responsibility and is accountable for customer retention and the profitability of each department in the dealership on behalf of the dealer,” according to AUTOjobs.com. They oversee all dealership departments, set sales goals and manage managers using sound business acumen.

BEFORE YOU GO

See Today's Best
Banking Offers

Looks like you're using an adblocker

Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.

  • AdBlock / uBlock / Brave
    1. Click the ad blocker extension icon to the right of the address bar
    2. Disable on this site
    3. Refresh the page
  • Firefox / Edge / DuckDuckGo
    1. Click on the icon to the left of the address bar
    2. Disable Tracking Protection
    3. Refresh the page
  • Ghostery
    1. Click the blue ghost icon to the right of the address bar
    2. Disable Ad-Blocking, Anti-Tracking, and Never-Consent
    3. Refresh the page