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Used Car Manager - BMW of Monrovia

Sonic Automotive
$125,000 - $300,000 a year
Monrovia, California
Full time
1 week ago
Company Description


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

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