Used Car Manager/Buyer
Lamborghini Newport Beach · Irvine, CA · 2 mo ago
Supply Chain$250k/yrFull-time
Responsibilities
- Inventory Management
- Oversee the management and organization of the dealership's exotic car inventory
- Ensure the proper documentation and maintenance of vehicle records, including titles, registrations, and service history
- Conduct regular inventory audits to track and update vehicle availability and pricing
- Assure vehicles in inventory on front line are well organized, presented, managed, serviced
- Manage age of inventory assuring the correct rotation in a timely manner. (Inventory Health & Rotation)
- Maintain "days in stock" with a hawk’s eye
- Responsible for ensuring the collection remains fresh and that capital is not tied up in stagnant units
- Vehicle Sourcing and Purchasing
- Identify and source high-quality exotic cars from various channels, including auctions, trade-ins, private sellers, and online platforms
- Evaluate and negotiate pricing, terms, and conditions with sellers to ensure optimal profitability and customer satisfaction
- Conduct thorough vehicle inspections and coordinate necessary repairs or modifications, if required, to meet dealership standards
- Strategic Acquisition: Source premier inventory through private collections, high-end auctions, and trade-ins
- Wholesale Network Management: Maintain a "black book" of industry contacts to facilitate dealer-to-dealer trades and off-market acquisitions
- Market Analysis and Pricing
- Stay up to date with current market trends, industry news, and competitor activities in the exotic car segment
- Analyze market demand, pricing data, and customer preferences to determine the most competitive pricing strategies for our inventory
- Adjust pricing and negotiate deals to maximize profitability while remaining competitive within the market
- Digital Merchandising: Collaborate with the marketing team to ensure professional-grade photography and compelling, technically accurate descriptions for digital storefronts.
- Administrative Tasks
- Prepare and review all necessary paperwork, contracts, and documentation related to vehicle purchases, sales, and trade-ins
- Cook up with the finance and accounting departments to ensure accurate record-keeping and timely payment processing
- Generate reports on sales, inventory turnover, and other key performance indicators to assess dealership performance and identify areas for improvement
Requirements
- Minimum of 10 years of experience in High End segment automotive sales, purchasing, or dealership management with a focus on exotic or luxury vehicles
- Extensive knowledge of exotic car brands, models, features, and market values
- Proven track record of successful sales and purchasing in the automotive industry
- Excellent negotiation, communication, and interpersonal skills
- Strong customer service orientation and the ability to build and maintain long-term customer relationships
- Attention to detail and the ability to conduct thorough vehicle inspections
- Proficiency in using automotive industry tools and software for inventory management and pricing analysis
- Experience DMS Inspection/approval systems such as Advanced Service
- Google Sheets for Sale/Service Department tracking and status reports
- Established company protocols such as Consignment and Purchase procedure for Smog, Safety or CPO/Selezione Inspection and reconditioning, reporting of CPO/Selezioni registration
- Experience with Inventory Management (Properly Stocking in Vehicles, Smog requirements for Stock and Consignment cars, has smog or CPO/Selezione certification expired)
- Experience with CPO/Selezione program rules for Initial inspection, reconditioning, and reporting
- Valid driver's license and a clean driving record
- Valid California Sales license
Compensation and Benefits
- Health, Dental and Vision Insurance
- Life Insurance
- Paid Holidays
- Flexible Spending Accounts
- PTO and Sick Leave
- 401-K (after 1 year)
Schedule
- Full Time
- Dealership Operating Hours: Monday through Friday, 8:00 AM to 5:00 PM and Saturday 10:00 AM to 5:00 PM.
Work Location
- In Person