Used Car Buyer - North Region
Theale, England, United Kingdom · Full Time
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- Experience
- Any
- Salary
- GBP 40,000 – GBP 80,000 / year
- Openings
- 1
- Posted
- 1 day ago
- Work mode
- In office
- Resume
- Required to apply
Where you'll work
Job description
Role Overview
As a Used Car Buyer reporting to the Group Used Car Manager within the Group Sales Operations Department, your primary objective will be to ensure Porsche Retail Group (PRG) meets its targets for pre-owned vehicles. You will be responsible for optimising PRG's inventory of pre-owned Porsche vehicles by carefully selecting purchases for your assigned Porsche Centre(s), with the aim of balancing stock volume, turnover, model variety, and pricing to avoid averaged units.
This position serves the North of England region.
Key Responsibilities
- Source and acquire an agreed number of Porsche vehicles through trade partners and private sellers.
- Develop and maintain strong relationships with the Used Car Managers at the designated Centre(s) to secure a steady flow of purchase opportunities.
- Conduct accurate evaluations of vehicles considering factors such as mileage, condition, specifications, and market appeal.
- Utilise valuation tools, market insights, and experience to set fair purchase prices that maximise profitability.
- Ensure all purchased vehicles meet PRG's standards for retail suitability.
- Collaborate with the Centre(s) Used Car Manager to understand demand trends and stock requirements.
- Maintain an optimal mix of vehicles for the Porsche Centre(s) in alignment with market demand and sales goals.
- Monitor competitor actions, pricing strategies, and shifts in the market.
- Provide regular updates to Centre leadership on market conditions.
- Identify profitable acquisition opportunities and alternative stock sources.
- Ensure all vehicle purchases comply with PRG policies, procedures, and legal requirements.
Candidate Requirements
- Minimum age of 21 with at least two years holding a full driving license (insurance requirement).
- Proven background purchasing vehicles for franchised automotive dealers.
- Strong understanding of used car market dynamics, pricing methodologies, and industry trends.
- Ability to accurately assess vehicle value based on mileage, condition, and desirability.
- Effective negotiation skills backed by excellent communication and influencing abilities.
- Commercial acumen with a focus on profitability, margin management, and stock turnover.
Preferred Skills & Qualifications:
- Experience within luxury franchise retail groups.
- Formal qualifications or training in vehicle appraisal, automotive sales, or purchasing (e.g., IMI, NVQ, or manufacturer-led courses).
- Advanced proficiency with valuation platforms such as CAP, Glass's, and Autotrader Retail Check.
- Experience using auction platforms and inventory management systems.
- A proven record of surpassing acquisition goals and generating strong profit margins.
Benefits & Company Culture
Porsche Retail Group is dedicated to fostering an inclusive culture that values diversity and equal opportunity, believing that diverse teams stimulate innovation and new ideas. They strive to maintain an aspirational and inclusive workplace environment.
- Basic salary starting at £40,000
- Quarterly bonus scheme with on-target earnings (OTE) up to £80,000 annually
- Eligibility to join the VW Group Employee Car Ownership Scheme
- Personal fuel allowance
- Option to lease an additional VW Group vehicle at preferential rates
- 35 days of annual leave, increasing with long service tenure
- Discounted rates on multiple products and services including high street brands, restaurants, gyms, and Porsche merchandise
- Life assurance coverage
- Defined contribution pension plan
- Employee assistance program providing wellbeing support and advice
Office Location & Amenities
The Porsche Retail Group Head Office is situated near junction 12 of the M4 in Reading, adjacent to retail facilities, a gym, petrol station, and popular furniture stores. Staff can enjoy a subsidised restaurant offering breakfast and lunch options, plus a quality barista bar. Complimentary on-site parking is available for employees.
Company Profile
Based alongside Porsche Cars GB Ltd in Reading, Porsche Retail Group is wholly owned by Porsche Germany and operates multiple Porsche Centres, Service Centres, and a Trade Parts Distribution Centre primarily in London and the South-East. The company embodies Porsche's passion for sports cars, excellence, and innovation, offering customers high-quality experiences through their advanced facilities and skilled staff.