Trade in Valuation Analyst
McLean, MD - USA
Job Summary
About Lucid
At Lucid we are creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucids proprietary technology and software-defined vehicle architecture our award-winning vehicles bring our Compromise Nothing approach to the global automotive market. That means refusing to choose between performance and sustainability design and engineering ambition and Lucid Air and Lucid Gravity we have designed and built vehicles that have redefined their segments combining exceptional range performance design and expansive space in a single experience.
We achieve this through deep vertical integration with design engineering and productionhappening in-houseacross our global offices the world united by a shared commitment to refusing to settle youcanhelpredefinewhatspossible andshape the future of mobility.
Lucid is seeking a highly analytical and operationally focused Trade-In Valuation Analyst to support the continued expansion of our in-house trade-in program. This role is responsible for vehicle valuations trade acquisition support pricing analysis field escalation management and operational execution throughout the trade-in lifecycle.
The Trade-In Valuation Analyst plays a critical role in maximizing vehicle acquisition profitability improving customer experience driving valuation accuracy and supporting Lucids broader pre-owned wholesale and Certified Pre-Owned business objectives. This role builds upon responsibilities currently performed by the Trade-In Operations team while supporting Lucids planned expansion of internal trade acquisition capabilities.
- Perform trade-in valuations for Lucid and non-Lucid vehicles using market intelligence auction data vehicle history reports and pricing tools.
- Review vehicle condition information ownership history title status accident reports and market demand factors.
- Provide accurate and timely trade-in offers that balance customer conversion inventory needs and profitability targets.
- Support lease return valuation activities and downstream remarketing decisions.
- Coordinate vehicle intake transportation title follow-up and disposition activities.
- Partner with Sales Delivery Service Transaction Operations Title Operations and external vendors to resolve trade-in escalations.
- Monitor trade-in workflows and identify opportunities to reduce cycle times and improve customer experience.
- Ensure all transactions comply with applicable state and federal regulations.
- Analyze auction trends wholesale values retail demand and EV market conditions to improve valuation accuracy.
- Track key operational metrics including conversion rates acquisition costs vehicle turn times gross profit and inventory aging.
- Develop reports and insights that support pricing strategy and business planning.
- Identify opportunities to automate manual processes and improve operational efficiency.
- Support training and coaching for field teams on trade-in processes and valuation best practices.
- Participate in system enhancement projects and user acceptance testing for trade-in platforms and tools.
- Serve as a subject matter expert for valuation strategy trade acquisition and vehicle disposition.
- Bachelors degree or equivalent experience.
- 3 years of automotive remarketing vehicle valuation wholesale fleet auction finance or trade-in operations experience.
- Strong understanding of vehicle appraisal methodologies market pricing and wholesale channels.
- Experience working with vehicle history reports auction data and valuation tools.
- Advanced Excel skills and experience analyzing large data sets.
- Strong organizational problem-solving and communication skills.
- Ability to manage multiple priorities in a fast-paced environment.
- Experience in EV remarketing or automotive e-commerce.
- Knowledge of vehicle title processing and registration requirements.
- Experience with Salesforce Tableau Power BI or similar analytics tools.
- Understanding of auction platforms transportation logistics and reconditioning workflows.
- Certified Automotive Remarketing Specialist (CARS) or equivalent industry certification.
- Trade-in conversion rate
- Valuation accuracy
- Gross profit per acquired unit
- Vehicle acquisition cycle time
- Customer response SLA compliance
- Inventory turn performance
- Title and transportation cycle-time metrics
- Quality and completion of valuation reviews
Youll help build the future state of Lucids in-house trade acquisition strategy contributing directly to revenue growth inventory sourcing customer experience and remarketing profitability. The role offers exposure across Sales Operations Finance Product Logistics and Executive Leadership while helping scale a critical profit center for the business.
Compensation & Benefits: Lucid offers a comprehensive and competitivebenefits packageincluding medical dental and vision insurance; life and disability coverage; paid time off; paid holidays; and a401(k) retirementplan. Eligible employees may alsoparticipatein Lucids equity program and/or a discretionary annual cash incentive program. Incentive and equity awards if applicable aredeterminedbased on individual performance role scope market considerations and overall company resultsin accordance withthe terms of the applicable plans.
Equal Opportunity: At Lucid we believe diversity strengthens everything we build. Lucid Motors is proud to be an equal opportunity employer and is committed to providing an inclusive workplace for all. We consider all qualified applicants without regard to race color national or ethnic origin age religion disability sexual orientation gender gender identity or expression marital status or any other characteristic protected by applicable state or federal laws and regulations.
Accessibility: Lucid Motors is committed to providing reasonable accommodations for qualified individuals with disabilities. If you need anyaccommodation toparticipatein the application process please contact us atTA-Operations <@> . This email address is designated solely for accommodation requests and is not monitored for job applications or resume submissions. To be considered for employment all applications must be submitted through the Lucid Motors Careers website.
Candidate Data Privacy: Bysubmittingyour application you understand and agree that your personal data will be processedin accordance withourCandidate Privacy Notice.
To all recruitment agencies: Lucid Motors does not accept agency resumes. Please do not forward resumes to Lucid Motors. Lucid Motors is not responsible for any fees related to unsolicited resumes.
Required Experience:
IC
About Company
Lucid is the future of sustainable mobility, designing electric cars that further reimagines the driving experience.