Company Information
Ron Marhofer Auto Family
As a family-owned group of dealerships, serving Northeast Ohio since 1919, we’re looking for people who want to deliver world class experiences to our guests and uphold our five core values- World Class Experience, Commitment to Excellence, Teamwork, Trust & Respect for the individual, and Continuous Improvement!
Job Information
Job Title:The Used Vehicle Buyer
Employment Type: Full-time
Salary: 10,000 Monthly (paid $5,000 on 15th and $5,000 on 30th)
Monthly Bonus: Monthly bonus opportunity:
100 units - $1,000
125 units - $1,250
150 units - $1,750
175 units - $2,500
200+ units - $3,000
Job Location
Address: 1350 Main Street, Cuyahoga Falls, Ohio 44223
Job Description
Ron Marhofer Auto Family is looking for a key team member with a proven history in running a profitable used vehicle department with solid experience driving front end vehicle profits from auction, private sellers, and online sources.
This position will report to the Used Vehicle Acquisition Director. The Used Vehicle Buyer acquires additional inventory for the dealership by actively prospecting. This role requires the ability to identify sales opportunities for RMAF and communicate those to key stakeholders. Used Vehicle Buyer must possess an aptitude for and demonstrate skill in planning and development, data utilization, budget management, and developing relationships with stakeholders. Needs to possess strong organizational and communication skills, and a results-oriented bias for action to be able to deliver on required deadlines.
Acquire the most profitable inventory available at quantity, Minimum Expectations 100+ Retail Units Sold Monthly.
ESSENTIAL DUTIES: Essential Duties include the following. Other duties may be assigned.
- Identifying and sourcing inventory for multiple dealership locations.
- building and maintaining relationships with auctions, manufacturers, and other dealership groups.
- Creating the daily strategy, to acquire the most profitable inventory available at quantity, 4,000 to 7,000 units annually.
- provide insight on pricing, marketing, and stocking to the Var. Opps. director
- Vehicle Sourcing and Purchasing:
- Identify and source vehicles from various channels, including auctions, private sellers, and online platforms.
- Evaluate and negotiate pricing, terms, and conditions with sellers to ensure optimal profitability and customer satisfaction.
- Conduct thorough vehicle inspections and coordinate necessary repairs or modifications, if required, to meet dealership standards.
- Market Analysis and Pricing:
- Stay up to date with current market trends, industry news, and competitor activities in the Northeast Ohio market.
- Analyze market demand, pricing data, sales history, and customer preferences to determine the most competitive pricing and fast turn strategies for our inventory.
- Review pricing to ensure profitability while remaining competitive within the market.
- Administrative Tasks:
- Prepare and review all necessary paperwork, contracts, and documentation related to vehicle purchases, sales, and trade-ins.
- Coordinate with the finance and accounting departments to ensure accurate record-keeping and timely payment processing.
- Generate reports on sales, inventory turnover, and other key performance indicators to assess dealership performance and identify areas for improvement.
Qualifications
- 5 years of dealership acquisition experience. Includes:
- Experience with wholesale auction
- Managing and leveraging relationships with both car dealers, manufacturers, wholesalers, and auction.
- Negotiating deals with intention on increasing gross return.
- Extremely self-motivated
- Ability to set and achieve targeted goals.
- Demonstrated communication, prospecting, and interpersonal skills.
- Organization and follow-up skills.
- Experience and desire to work with technology.
