Automotive Inventory Purchaser
An Automotive Inventory Purchaser (or buyer) sources,
inspects, and acquires used vehicles for resale by analyzing market trends,
negotiating prices, and ensuring quality to meet customer demand. Key
responsibilities include appraising vehicles, managing inventory records,
coordinating with the sales team, and maintaining compliance with automotive
laws and regulations. Strong negotiation, market analysis, and
communication skills are essential for this role.
Key Responsibilities
- Vehicle
Acquisition:
Locate and purchase used vehicles from private sellers,
auctions, and other dealerships.
- Market
Analysis:
Research market trends, vehicle valuation, and demand to
identify profitable inventory opportunities.
- Vehicle
Inspection & Appraisal:
Visually inspect and evaluate the mechanical condition and
overall value of used vehicles.
- Negotiation:
Negotiate purchase prices and terms with sellers to secure
the best deals.
- Inventory
Management:
Maintain accurate records of purchased vehicles and update
computerized inventory systems.
- Sales
Team Collaboration:
Work closely with the sales department to ensure the
inventory aligns with customer needs and demand.
- Compliance:
Adhere to federal, state, and local laws and regulations
governing retail automotive sales.
- Record
Keeping:
Handle necessary legal documentation for vehicle purchases
and maintain updated files.
Required Skills and Qualifications
- Education:
A Bachelor's degree in Business, Automotive Technology, or a
related field is often preferred, though some roles may accept a high school
diploma and equivalent experience.
- Experience:
Proven experience in automotive procurement, sales, or
appraisals is beneficial.
- Technical
Skills:
Proficiency with vehicle valuation, inventory management
systems, and Microsoft Office Suite (especially Excel).
- Soft
Skills:
Strong negotiation, communication, analytical, and
attention-to-detail skills.
- Knowledge:
A solid understanding of the automotive market, vehicle
features, and depreciation is crucial.
- Other:
A valid driver's license and the ability to work
independently and as part of a team are often required.
Typical Workflow
- Market
Research: Identify vehicles in high demand or with good resale
potential.
- Sourcing: Search
for suitable vehicles through auctions, dealerships, and private
sources.
- Inspection/Appraisal: Evaluate
the condition and value of the vehicle before purchase.
- Negotiation: Discuss
and agree on a fair purchase price with the seller.
- Purchase
& Paperwork: Complete all necessary legal documentation for
the transaction.
- Inventory
Update: Add the vehicle to the company's inventory system.
- Sales
Support: Provide sales associates with information on the new
inventory to help meet customer needs.
Required Qualifications
·
3-5 years of experience in automotive sales
·
Valid driver’s license
·
Unrestricted OMVIC license
·
Minimum
High School Diploma
·
Post-Secondary Education Preferred
Qualified applicants are invited to apply with resume and cover letter.
Kitchener
Ford is an equal opportunity employer which values diversity in the
workplace. If you require accommodation in order to participate in the hiring
process, please contact us at 519-576-7000 or hr@kitchenerford.com to
make your needs known in advance.
