Trade In Valuation Analyst

Lucid MotorsSouthfield, MI
Onsite

About The Position

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 Lucid's 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 Lucid's planned expansion of internal trade acquisition capabilities.

Requirements

  • Bachelor's 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.

Nice To Haves

  • 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.

Responsibilities

  • 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.

Benefits

  • medical, dental, and vision insurance
  • life and disability coverage
  • paid time off
  • paid holidays
  • 401(k) retirement plan
  • equity program
  • discretionary annual cash incentive program
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