Used Car Buyer - Lexus of Serramonte

Summary The Used Car Buyer is responsible for sourcing, evaluating, and purchasing pre-owned vehicles to support dealership inventory needs. This role uses market analysis, appraisal expertise, and negotiation skills to acquire quality vehicles while maximizing profitability and meeting sales objectives. Responsibilities: Source and acquire quality pre-owned vehicles through customer trade-ins, direct purchases, auctions, and online marketplaces. Conduct vehicle appraisals and accurately assess market value, condition, reconditioning requirements, and profitability potential. Monitor inventory levels and market trends to identify acquisition opportunities that align with dealership sales objectives. Negotiate vehicle purchases with customers, wholesalers, auction representatives, and other vendors. Utilize inventory management and market pricing tools to evaluate vehicle demand and competitive pricing. Collaborate with sales, service, and management teams to ensure timely acquisition, reconditioning, and merchandising of inventory. Maintain accurate records of purchases, appraisals, and vehicle acquisition activities while adhering to company policies and compliance requirements. Qualifications: Minimum of 2 years of automotive sales, vehicle acquisition, inventory management, or dealership experience preferred. Strong knowledge of vehicle valuation, market trends, auction processes, and used vehicle inventory management. Proven negotiation and relationship-building skills with the ability to secure profitable vehicle purchases. Ability to analyze market data, pricing reports, and inventory metrics to support acquisition decisions. Excellent communication, organizational, and time management skills. Proficiency with dealership management systems, appraisal tools, and automotive inventory software. Additional Requirements: Valid driver’s license with an acceptable driving record. Must be legally authorized to work in the United States. Ability to successfully complete pre-employment requirements, including background check, motor vehicle record (MVR) review, and drug screening. Compensation: $100,000 to $120,000 Hourly plus commission (The Used Car Buyer position has a pay scale consisting of the following elements and ranges. Wages include base hourly compensation. The position may also pay commission compensation which is based on the value or number of closed 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.) Schedule: Full Time Monday through Sunday availability What We Offer: Comprehensive benefits package, including medical, dental, and vision coverage Company-paid life insurance 401(k) retirement plan with company match (Traditional and Roth options) Generous paid time off and paid parental leave Ongoing training and professional development to support career growth A collaborative, performance-driven work environment Learn more: https://jobs.sonicautomotive.com/benefits Sonic Automotive is a Fortune 500 leader and one of the largest automotive retailers in the U.S., powering a nationwide network of top-brand dealerships. We’re transforming the car-buying experience with a fast-paced, people-first culture, innovative technology, and a relentless drive to win—for our guests and our teammates. All your information will be kept confidential according to EEO guidelines.