About Carnex Automotive Group

Carnex Automotive Group is a growing automotive dealership group based in Mississauga, Ontario, specializing in pre-owned electric, hybrid, and gasoline-powered vehicles.

As we continue expanding our operations across multiple dealership locations, we are seeking an experienced Used Vehicle Inventory & Acquisition Manager to oversee vehicle purchasing, appraisals, acquisition strategy, and initial retail pricing.

This is a high-volume, results-driven position for an experienced automotive professional with strong market knowledge, sound purchasing judgment, and a proven ability to acquire profitable inventory.

Key Responsibilities

Vehicle Acquisition & Purchasing

- Independently source, evaluate, and purchase approximately 90–120 pre-owned vehicles per month, based on inventory requirements and approved purchasing targets.
- Acquire vehicles through OPENLANE, ADESA, EBlock, TradeRev, dealer-to-dealer transactions, private sellers, customer trade-ins, and other approved channels.
- Identify vehicles with strong retail demand, competitive acquisition costs, and profitable resale potential.
- Negotiate purchase prices and make informed purchasing decisions within approved budgets.
- Develop and maintain relationships with auction representatives, dealers, wholesalers, and other vehicle suppliers.

Vehicle Appraisal & Market Analysis
- Conduct accurate vehicle appraisals using wholesale market data, comparable retail listings, vehicle history reports, and inspection information.
- Evaluate mileage, specifications, accident history, title status,



vehicle condition, market demand, and estimated reconditioning costs.
- Establish maximum purchase prices based on projected retail values, total acquisition costs, and expected profitability.
- Identify mechanical, structural, cosmetic, and financial risks before purchasing.
- Monitor market trends across electric, hybrid, and gasoline-powered vehicles.

Inventory Management & Retail Pricing
- Establish competitive initial retail asking prices for all acquired vehicles.
- Ensure purchasing decisions align with inventory demand, pricing strategy, and expected inventory turnover.
- Maintain an appropriate inventory mix across vehicle models, categories, and price ranges.
- Consider transportation, auction fees, reconditioning expenses, and target front-end gross profit when evaluating purchases.
- Coordinate with dealership management to ensure acquired vehicles meet operational and sales requirements.
- Complete purchasing and initial pricing documentation accurately and on time.

Performance & Reporting
- Track purchasing volume, acquisition costs, sourcing channels, and estimated vehicle profitability.




- Monitor acquisition quality and support improvements in inventory turnover and purchasing efficiency.
- Provide regular acquisition and inventory reports to ownership and senior management.
- Follow company purchasing policies, authorization limits, and approval procedures.

Qualifications

Required

- Minimum 3 years of professional experience in used vehicle purchasing, wholesale buying, vehicle appraisal, or inventory acquisition.
- Proven ability to independently appraise and purchase pre-owned vehicles.
- Strong experience with automotive auctions and wholesale purchasing platforms.
- Excellent understanding of wholesale and retail vehicle values, market trends, and profit margins.
- Experience with CARFAX, AutoTrader, vAuto, or similar automotive valuation tools.
- Strong negotiation, analytical, and decision-making skills.
- Ability to manage high purchasing volumes while maintaining acquisition quality.
- Strong organizational skills and attention to detail.
- Valid Ontario driver's licence.

Preferred:

- Previous experience as a Used Car Buyer, Senior Vehicle Buyer, Inventory Manager, or Vehicle Acquisition Manager.
- Experience purchasing inventory for multiple dealership locations.
- Established relationships with automotive auctions, wholesalers, and dealer networks.

Pay: $100,000.00-$160,000.00 per year

Perks

- On-site parking
- Store discount

Application question(s):
- How many years of professional used vehicle purchasing experience do you have?
- Which vehicle acquisition platforms have you used regularly?

Work Location: In person

📌 Used Vehicle Inventory & Acquisition Manager (Mississauga)
🏢 Carnex
📍 Mississauga