Inventory Manager/Buyer

Lamborghini Newport Beach; Irvine (CA); On-site; USD 70,000 - 86,000; Full time

Benefits offered by this job

Health, Dental and Vision Insurance

Life Insurance

Paid Holidays

Flexible Spending Accounts

PTO and Sick Leave

401-K

Job summary

Lamborghini Newport Beach is seeking an experienced Exotic Car Inventory Manager/Buyer to lead inventory management, sourcing, and pricing for our luxury lineup. You will oversee vehicle records, conduct inspections, and drive profitability through strategic acquisitions.

Ideal candidates have a decade in high-end automotive sales or dealership management, deep knowledge of exotic brands, and strong negotiation and customer service skills.

Qualifications

• 10+ years in High End automotive sales, purchasing, or dealership management.
• Knowledge of exotic car brands, models, features and values.
• Proven track record in sales and purchasing in automotive industry.
• Strong negotiation, communication, and interpersonal skills.
• Customer service orientation and long-term relationship building.
• Ability to conduct thorough vehicle inspections.
• Experience using automotive inventory management and pricing tools.
• Familiarity with DMS/inspection systems like Advanced Service.

Responsibilities

• Oversee exotic car inventory management and organization.
• Ensure proper vehicle records, titles, registrations, and service history.
• Conduct regular inventory audits; monitor days in stock and pricing.
• Source high-quality exotic cars from auctions, trade-ins, and private sellers.
• Negotiate pricing and terms to maximize profitability and customer satisfaction.
• Coordinate inspections, repairs or reconditioning as needed.
• Analyze market trends and set competitive pricing strategies.
• Prepare paperwork for purchases, sales, and trade-ins; coordinate with finance.

Skills

High end automotive sales

Exotic car brands knowledge

Negotiation

Inventory management

Pricing analysis

Customer service

Attention to detail

Vehicle inspections

DMS systems like Advanced Service

Google Sheets

Tools

Google Sheets

Advanced Service (DMS)

Job description

We are seeking a highly motivated and experienced individual to join our team as an Exotic Car Inventory Manager/Buyer for our prestigious car dealership. The ideal candidate will have a passion for luxury and exotic vehicles, extensive knowledge of the automotive industry, and a proven track record in sales and purchasing. As the Exotic Car Inventory Manager/Buyer, you will be responsible for managing our inventory, sourcing, and purchasing exotic cars, and providing exceptional customer service to our discerning clientele.

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)- Monitor "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, appraisals, and coordinate necessary repairs/reconditioning 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 negotiating 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
• Coordinate 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/Selezione 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)
• Compensation: $78,000 Base Salary, plus Commission

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