Automotive Used Inventory Manager - Portland, OR | Dick Hannah Dealerships

Compensation and Benefits

• Competitive Salary: $1,500 monthly base salary plus 1.0% commission of total Used Car and Buy Center department gross. This position will also receive a $50 bonus for every used vehicle retailed by the Sales Department. Expected annual earnings of $90,000+.
• Generous Paid Time Off (PTO): New full-time employees accrue 4 hours per pay period, totaling approximately 96 hours in the first year, with increases over time.
• Comprehensive Benefits Package: Health benefits starting the first month after 60 days of employment. Options include medical, dental, vision, Health Savings and Flexible Spending accounts, life insurance, and short- and long-term disability, alongside a robust 401(k) plan for retirement planning.
• Paid Holidays: At least 2 paid holidays per year subject to completion of the introductory period and other eligibility requirements as per company policy.

Responsibilities

• Work with the General Manager to establish used vehicle inventory needs, purchasing targets, and inventory mix.
• Attend approved auctions and purchase vehicles within established guidelines.
• Source vehicles through auctions, wholesalers, the Buy Center, and other approved acquisition channels.
• Determine ACVs on Buy Center purchases and other used vehicle acquisitions.
• Review market data, sales history, inventory age, customer demand, and local trends to make informed purchasing decisions.
• Maintain a strong understanding of current used vehicle values and market conditions.
• Manage the wholesale disposition of aged, undesirable, or non-retail inventory to maximize profitability and inventory turn.
• Ensure all required documentation for vehicle purchases is completed accurately and submitted to the appropriate departments in a timely manner.
• Ensure acquired vehicles are entered into the appropriate inventory and UVI tracking processes.
• Develop and maintain outside relationships with wholesalers, retailers, auction representatives, and other vehicle acquisition sources.
• Track the performance of purchased inventory and review retail and wholesale results to improve future buying decisions.
• Ensure compliance with all applicable federal, state, and company requirements related to used vehicle purchasing and disposition.
• Attend management meetings as requested.
• Test drive vehicles as needed and must remain insurable under company insurance requirements.

Qualifications

• Strong understanding of used vehicle values and automotive market conditions.
• Previous experience buying used vehicles, managing used inventory, working as an automotive buyer, or similar automotive experience preferred.
• Auction Purchasing Experience Preferred.
• Ability to analyze market data and make financially sound inventory decisions.
• Ability to evaluate vehicle condition, history, marketability, and appropriate ACV.
• Strong organization skills and attention to detail.
• Excellent written and verbal communication skills.
• Ability to learn and effectively use automotive inventory, appraisal, auction, and dealership management systems.
• Ability to manage multiple vehicles and priorities in a fast-paced dealership environment.