Company Overview
Prestige Automotive Group specializes in providing high-quality new and pre-owned vehicles from renowned brands such as Mercedes-Benz and Cadillac across multiple locations. We are dedicated to delivering exceptional customer service and fostering a respectful, professional work environment that encourages career growth through ongoing training and development.
Overview
We are seeking a dynamic and detail-oriented Pre-Owned Acquisition Specialist to join our team. In this vital role, you will lead the sourcing, evaluation, negotiation, and acquisition of high-quality pre-owned vehicles for the dealership's inventory. This position plays a critical role in maintaining the dealership's inventory mix, profitability, and inventory-turn objectives. The ideal candidate combines strong automotive knowledge, appraisal expertise, negotiation ability, market awareness, and exceptional customer-service skills.
Key Responsibilities
* Appraise customer trade-ins and vehicles offered directly for purchase.
* Acquire vehicles from customers, auctions, dealers, and approved wholesale sources.
*Evaluate vehicle condition, history, specifications, options, mileage, and marketability.
* Research current wholesale and retail market values.
*Calculate expected reconditioning costs and maximum acquisition price.
*Negotiate vehicle purchases while protecting dealership profitability.
*Maintain accurate appraisal and acquisition documentation.
*Coordinate purchased vehicles with management, service, detail, transportation and inventory departments.
*Monitor vehicles from acquisition through reconditioning and retail sale.
*Analyze aging inventory and recommend pricing, wholesale or disposition strategies.
*Develop customer, dealer, auction and community relationships that generate acuisition opportunities.
*Follow up consistently with all acquisitions leads and appraisal prospects.
*Maintain current knowledge of luxury vehicle products, market values and emerging trends.
*Support dealership sales and inventory objectives.
*Follow all dealership policies and applicable legal and regulatory requirements.
*Daily performance expectations.
*Complete a minimum of 8-15 qualified vehicle appraisales per day.
*Maintain prompt follow-up on all acquisition leads.
*Generate new aquisition opportunities every day.
*Maintain accurate appraisal records.
*Monitor current wholesale and retail market conditions.
*Communicate acquisition opportunities and risks to management.
*Maintain professional relationships with customers and industry partners.
*Key performance indicators
*Performance will be evaluated based on: vehicles acquired, acquisition profitability, appraisal accuracy, reconditioning accuracy, inventory turn, aging inventory, direct-to-consumer purchases, acquisition lead conversion, follow-up activity, documentation and process compliance, compensation, compensation consists of a competitive base salary combined with performance-based incentives tied to vehicle acquisitions, profitability, inventory turn, and overall performance.
Qualifications
Previous appraisal/buying experience strongly preferred, strong knowlege of vehicle condition and market values, excellect negotiation and communication skills, stong mathematical and analytical ability, comfortable working with CRM, inventory and appraisal software, valid driver's license and acceptable driving record.
Join us as a Pre-Owned Acquisition Specialist to leverage your procurement expertise in a vibrant automotive setting. Be part of a team committed to excellence—driving growth through strategic sourcing while supporting our mission to provide top-tier vehicles at competitive prices.
Pay: $75,000.00 - $110,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
People with a criminal record are encouraged to apply
Work Location: In person
