At BMW of Monrovia, a Sonic Automotive family dealership, you'll find the opportunities, resources, and support you need to grow and develop professionally. So read on, and consider a rewarding career with Sonic Automotive, Inc.
Job Description
Summary:
The Used Car Manager will be responsible for overseeing all aspects of our used vehicle operations, which includes acquiring quality pre-owned vehicles, managing inventory, setting competitive pricing, marketing, and working closely with the sales and service departments to ensure maximum profitability and efficient reconditioning.
Duties and Responsibilities:
- Manage and maintain the dealership's used car inventory, ensuring optimal stock levels.
- Build and implement competitive pricing strategies for used vehicles based on market analysis.
- Acquire pre-owned vehicles through auctions, trade-ins, and other sources to maintain a diverse and desirable inventory.
- Work closely with the service department to recondition used vehicles, ensuring they are ready for sale.
- Monitor and adjust inventory pricing to remain competitive in the market while meeting profit targets.
- Develop marketing strategies to promote used vehicle inventory across various channels.
- Collaborate with the sales team to ensure they are informed about the current used car inventory and push aged units.
- Analyze market trends and consumer preferences to align inventory with customer demand.
- Conduct regular appraisals of trade-ins and pre-owned vehicles to ensure accurate and fair pricing.
- Ensure compliance with all regulatory and dealership standards for used vehicle operations.
Qualifications
- 2+ years of experience as a Used Car Manager or Sales Manager at an automotive dealership.
- Experience in automotive management, specifically with used car operations.
- Knowledge of vehicle acquisition, inventory management, and pricing strategies.
- Excellent negotiation and communication skills.
- Ability to work collaboratively with the sales and service departments.
- Valid driver's license and a clean driving record.
- All applicants must be authorized to work in the USA.
- All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, and valid driver license.
Preferred Qualifications:
- 3+ years of experience as a Used Car Manager at an automotive dealership
- Previous Toyota experience
Additional Information
Compensation (Salary):
-
$125,000 to $300,000+ / year
- If meeting and exceeding individual and store quotas
*The Used Car Manager has a Pay Scale consisting of the following elements and ranges. Wages include monthly Draw Compensation of five thousand seven hundred and twenty dollars a month. The position may also pay commission compensation which is based on the percentage of sales achieved from $0.00 (if no sales are made) without any upper limit other than sales performance. The position also may also pay a production bonus based on individual or team performance that may range from $0.00 (if baseline benchmarks are not met) without any fixed upper limit*
Benefits:
- Medical, dental, vision insurance
- 401k plan with company match
- Paid Time Off accrual
- Closed for Thanksgiving day and Christmas day
- Employee discounts on purchasing and leasing cars
- Access to all our 100+ stores' inventory
- Opportunities for career advancement within a Fortune 500 company
All your information will be kept confidential according to EEOC guidelines