Inv Control - Sales (Used Car Acquisition)
About the role
The Inventory Control Acquisition Specialist will be responsible for acquiring inventory, evaluating vehicles, aligning with brand strategy, negotiating purchases, monitoring market trends, coordinating logistics, and documenting processes.
Responsibilities
- Acquire Inventory: Source used vehicles through auctions (Manheim, ADESA), trade-ins, lease returns, and private sellers to maintain optimal pre-owned inventory across Chevrolet and Volvo buyer profiles.
- Evaluate Vehicles: Accurately appraise used vehicles using tools such as vAuto, Kelley Blue Book, CARFAX, and Manheim Market Report, considering brand standards, condition, mileage, and local market demand.
- Align with Brand Strategy: Purchase vehicles that fit the unique profiles of both Chevrolet (value, utility, domestic appeal) and Volvo (luxury, safety, European design) customers.
- Negotiate Purchases: Negotiate with wholesalers, auctioneers, and private sellers to secure inventory at favorable prices, ensuring target gross margins.
- Monitor Market Trends: Analyze pre-owned vehicle pricing, demand shifts, and inventory turnover rates specific to Chevy and Volvo products in the region.
- Collaborate Across Departments: Work closely with the sales and reconditioning teams to prioritize acquisition of vehicles with high resale potential and fast turnaround.
Qualifications
- Education: High school diploma or GED (required) Degree in Automotive Management, Business, or related field (preferred)
- Experience: 2+ years in used car buying, appraisals, or dealership operations
- Skills: Deep understanding of used vehicle valuations and acquisition strategy, strong negotiation and relationship-building skills, proficiency in tools such as vAuto, Dealertrack, AuctionAccess, CDK, or Reynolds & Reynolds, excellent time management, organization, and decision-making skills
- Valid driver’s license and clean driving record
Skills
- Deep understanding of used vehicle valuations and acquisition strategy
- Strong negotiation and relationship-building skills
- Proficiency in tools such as vAuto, Dealertrack, AuctionAccess, CDK, or Reynolds & Reynolds
- Excellent time management, organization, and decision-making skills
About Ferman
Established in 1895, Ferman soon became Tampa's first retail automobile dealer. Today, we're one of the largest employers in the Tampa Bay area with locations throughout Hillsborough, Pasco and Pinellas counties representing 12 brands of automobiles - BMW, Buick, Chevrolet, Chrysler, Dodge, Ford, GMC, Jeep, Mazda, MINI, RAM and Volvo. Still a family owned & operated business we embrace a simple philosophy. Provide a Guest-centered automotive experience with a relentless focus on Service, Selection and Value assuring 100% Guest Satisfaction. It's simple. But it's what makes us different. When you become part of the Ferman Team, you'll join a company with a friendly, family-like atmosphere, significant opportunity for advancement with regard to income, responsibility and leadership, and a company with a history of strong ties to our local community and charitable partnerships. Make the decision to work with us and you'll be part of a world-class automotive organization reflecting stability and the opportunity to work alongside some of the best in our business.
Ferman Core Values
- Maintain Ferman Standard of Ethics at all times
- Embrace a Winning Team Spirit…Be Positive…Lead by Example
- Follow the Golden Rule - "Do Unto Others As You Would Have Them Do Unto You"