Acquisitions Specialist

No previous experience necessary

Position Overview:

As an Entry-Level Used Car Buyer at our dealership, you will play a vital role in the acquisition and evaluation of pre-owned vehicles for resale. Working closely with the service and inventory management teams, you will assist in identifying, inspecting, and pricing used vehicles to ensure a diverse and desirable inventory. This position offers an excellent opportunity to gain valuable experience in the automotive industry and develop skills in vehicle evaluation, negotiation, and market analysis, with a career path in a great dealership

Key Responsibilities:

Vehicle Sourcing and Evaluation:

• Identify potential sources for used vehicles, primarily our service departments.
• Conduct thorough inspections of vehicles, assessing their condition, and market value.
• Perform vehicle history checks and research market trends to determine fair pricing.

Negotiation and Purchase:

• Communicate with sellers to acquire used vehicles at competitive prices, taking into account market conditions, vehicle condition, and dealership objectives.
• Collaborate with the sales team to determine the demand and potential profitability of specific vehicle models.
• Prepare and present offers to sellers, ensuring effective communication and building mutually beneficial relationships.

Inventory Management:

• Collaborate with the inventory management team to determine inventory needs based on market demand and sales forecasts.
• Maintain accurate records of vehicle acquisitions, sales, and associated documentation.
• Coordinate vehicle transportation logistics, including arranging for vehicle delivery or pickup.

Market Analysis:

• Stay updated on industry trends, market conditions, and pricing strategies for used vehicles.
• Monitor competitor inventory and pricing to ensure our dealership remains competitive.
• Provide insights and recommendations based on market research to support inventory purchasing decisions.

Quality Control and Compliance:

• Ensure vehicles meet dealership standards for quality and safety by conducting thorough inspections and requesting repairs as necessary.
• Maintain accurate and complete documentation for each vehicle, including titles, registrations, and any relevant paperwork.

Customer Service and Relationship Building:

• Develop and maintain relationships with service customers, fostering trust and open communication.
• Collaborate with the sales team to provide accurate and detailed vehicle information to potential customers.
• Address inquiries and concerns from customers and sellers promptly and professionally.

Qualifications:

• High school diploma or equivalent is required; relevant certifications or coursework in automotive technology or business administration is a plus.
• Strong interest in the automotive industry and a basic understanding of vehicle makes, models, and market trends.
• Excellent negotiation and communication skills, with the ability to build rapport and influence others.
• Detail-oriented mindset with the ability to conduct thorough vehicle inspections and evaluations.
• Basic understanding of vehicle mechanics and ability to identify potential issues or repairs needed.
• Proficiency in using computer systems, including inventory management software and online marketplaces.
• Strong analytical skills with the ability to research and interpret market data.
• Ability to work independently and prioritize tasks.
• Valid driver's license with a clean driving record.

Note: This job description is a general overview and may be subject to modifications based on the specific requirements and policies of the dealership