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Average Look Back Method

Example of “Average Look Back Method” calculation:

2015 Sales 

New Vehicle Sales*                     $29,354,585

New Units Sold                            1,102

Average Selling Price                  $26,638

Daily Inclusion Amount for 2016:

Salesperson                                  $6.00

Non-Salesperson                         $20.00

*Heavy duty truck sales are not included

 

Used Vehicle Sales                      $7,224,672

Used Units Sold                           428

Average Selling Price                  $16,880

Daily Inclusion Amount for 2016:

Salesperson                                  $6.00

Non-Salesperson                         $13.00

Downey Co CPA