Used Car Manager - BMW of Monrovia in Monrovia, CA at Sonic Automotive

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.

• 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

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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