Used Car Manager Peterborough Hyundai
Peterborough - Canada
Job Summary
At Peterborough Hyundai were looking for an experienced and driven Used Car Manager to lead our pre-owned vehicle department. This is a hands-on leadership role responsible for maximizing inventory turn profitability team performance and customer satisfaction while ensuring operational excellence across every aspect of the used vehicle operation.
Location: 1370 Chemong Rd Peterborough ON (Hyundai)
Role and Responsibilities:
- Appraise all trade-in vehicles and make strategic buy/sell decisions on whether vehicles should be retailed wholesaled or sent to auction.
- Source quality inventory through wholesale channels including OpenLane EBlock dealer-to-dealer transactions auctions and private purchases.
- Manage inventory levels and maintain a maximum inventory days supply of 45 days
- proactively monitor 30- 60- and 90-day aging reports.
- Develop and execute a service drive acquisition strategy to purchase vehicles directly from customers and maintain a consistent supply of desirable inventory.
- Set and continuously adjust retail pricing using live market data and pricing tools to remain competitive and maximize profitability.
- Coordinate with the Service and Detail Departments to ensure vehicles are front-line ready within a target turnaround of 13 days while controlling reconditioning costs.
- Take ownership of monthly sales volume front-end gross back-end gross gross profit per unit and total departmental profitability against budget.
- Recruit coach motivate and manage the Used Vehicle Sales Team including setting individual performance goals and conducting regular sales meetings.
- Ensure every used vehicle is accurately merchandised online with professional photos compelling descriptions and competitive pricing across the dealership website AutoTrader and other third-party marketplaces.
- Maintain full compliance with OMVIC regulations and Ontario disclosure requirements including vehicle history disclosures and salesperson registration.
- Prepare and present regular performance reports to Executive Management on inventory aging inventory turn sales performance profitability and departmental KPIs.
Qualifications and Skills:
- 35 years of successful automotive management experience preferably in used vehicle operations.
- Strong knowledge of vehicle appraisal wholesale purchasing market-based pricing and inventory management.
- Experience with wholesale platforms such as OpenLane and EBlock.
- Proven ability to manage inventory turn while maximizing gross profit.
- Demonstrated leadership experience with a track record of developing and motivating high-performing sales teams.
- Strong understanding of OMVIC regulations and Ontario automotive retail legislation.
- Excellent negotiation communication analytical and organizational skills.
- Experience using inventory management CRM and market pricing tools.
- Valid Ontario Drivers Licence with a clean driving record.
So why work for us
At Peterborough Hyundai youll join a dealership that values performance integrity and teamwork. We invest in our people by providing the tools training and support needed to succeed.
- The 401 Group of Companies is privately owned and 100% Canadian
- 40 State-of-the-art facilities including a Google-like call centre and an 80000 sq. ft. centralized service Hub
- A fun fast-paced and high-energy work environment with exciting initiatives and rewarding perks.
- Personalized coaching mentoring and training focused on both individual growth and team success.
- Empowering you to grow with meaningful career path planning and advancement opportunities.
- Health & wellness benefit enrollment opportunities
- Employee referral bonus opportunities
- Enjoy exclusive employee pricing on automotive parts and service along with a special discount at the Blackshop.
- Perkopolis Enrollment
- On-site Parking
The 401 Group of Companies is proud to be recognized as one of Canadas fastest growing Elite Business Management Groups offering a full line of automotive recreational vehicle powersport and marine products and services. Our headquarters is located in the thriving city of Cambridge Ontario. Our brands include but arent limited to Kia Mitsubishi Volkswagen Hyundai Subaru Honda Nissan Toyota Chrysler Jeep Dodge Ram Buick GMC Yamaha 401 Auto Financing CampMart and Grand River Boats.
If you have a growth mindset like us wed love to see your resume and have a conversation. The opportunities at the 401 Group of Companies are endless!
This posting reflects a current and active opening.
#INDCOM
Accommodations are available during all stages of the recruitment process in accordance with the Human Rights 401 Group of Companies Recruiting Team is committed to complying with the Accessibility for Ontarians with Disabilities Act (AODA) to provide an inclusive barrier free workplace. We will accommodate the accessibility needs of individuals with disabilities to support participation in all aspects of the recruitment process. Should you require this accommodation please contact HR or
We would like to thank all candidates in advance for their interest and only those candidates selected for an interview will be contacted. Due to the volume of applications we receive we are unable to confirm the receipt of individual applications or resumes.
Required Experience:
Manager
About Company
401 AUTO FINANCING is your automotive expert in Across Ontario, . From sales to service, we are the ones you can trust to get you rolling again sooner!