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Vehicle Acquisition Specialist - BMW of Monrovia

Company Description

You're serious about your career, and rest assured you've come to the right place. At BMW of Monrovia, a Sonic Automotive family dealership, you'll find the opportunities, resources, and support you need to grow and develop professionally. Our 100+ dealerships are concerned with more than moving inventory; they're committed to your success and invested in your future. So read on, and consider a rewarding career with Sonic Automotive, Inc.

Our associates are happy to work here because:

  • We boast the lowest turnover in the industry.
  • We provide award winning training (Training Magazine Top 125, and Brandon Hall Awards).
  • We are committed to developing and promoting within the company.
  • Our benefits are extremely competitive with Medical, dental, vision, HSA, 401k and PTO.
  • We encourage peer to peer teamwork and recognition.
  • Special benefits to purchasing and leasing a car.
  • Personal Automotive Concierge Service.

If you want to find out more about the types of jobs we have here, we've highlighted a few.

We're proud of what we're doing here. Come and join us!

Job Description

Used Car Buyer Purpose:

The Used Car Buyer will have a primary responsibility of executing a process which involves prospecting, appraising, and presenting offers to current vehicle owners with the goal of purchasing their vehicles from multiple sources for resale.

Duties and Responsibilities:

  • Interfaces with current used vehicle owners from multiple resources with the purpose of purchasing their vehicle.

  • Approaches, greets and interfaces with dealership customers to appraise and offer to purchase their current vehicles.

  • Utilize Sonic Automotive automated inventory management system.

  • Understand market trends and changes to trends in  geographic market

  • Provide guidance and support to dealership Sales Associates as it relates to purchasing used vehicles.

  • Appraise used vehicles.

  • Attend Trade walks daily.

  • Exhibits high level of commitment to guest satisfaction.

  • Knows and understands the federal, state and local laws which govern retail automotive sales.

  • Established personal income goals that are consistent with dealership standards of productivity, and devises a strategy to meet those goals.

  • Attends product and sales training courses as requested by General Manager or Sales Managers.

  • Keeps abreast of new products, features, accessories, etc. and their benefits to guests.

  • Knows and understands equity and values, and is able to explain depreciation to the guest.

  • Introduces guest to sales department personnel to sell them a new vehicle after purchase of their existing vehicle.

  • Maintains an owner follow-up system that encourages repeat and referral business and contributes to guest satisfaction.

  • Maintains a prospect development system of current used vehicle prospects and schedules appointments to appraise and purchase used vehicles.

  • Attends sales meetings.

  • Maintains a safe work environment.

  • Maintains a professional appearance.

  • Realize that the company’s business is built on guest satisfaction and devote himself/herself to guaranteeing satisfaction to guests.

  • Determine management, production and quality requirements by asking questions and listening.

  • Attend Sonic meetings as requested.

  • Maintain a follow-up system that encourages follow through with assigned project

  • Report to Supervisor regarding objectives, planned activities, reviews and analyses.

  • Review and analyze actions at the end of each day, week, month, and year to determine how to better utilize time and plans more effectively.

  • Understand the terminology of the business and keep abreast of technology changes in the product.

  • Follow directions from a supervisor.

  • Understand and follow work rules and procedures.

  • Accept constructive criticism.

  • Interact well with others and be a positive influence on associate and guest morale.

Salary: $30000 - $75000+ per year

(The Used Car Buyer Position has a Pay Scale consisting of the following elements and ranges.  Wages include Base Hourly Compensation of between $15.50 and $17.05.  The position may also pay commission compensation which is based on the value or amount of closed sales achieved from $0.00 (if no sales are made) without any upper limit other than sales performance.  The position also may also pay a production bonus based on individual or team performance that may range from $0.00 (if baseline benchmarks are not met) without any fixed upper limit)

Qualifications

Qualifications:

  • College Degree preferred but not required; High school diploma or the equivalent required. 

  • High level of customer service is required.

  • Ability to read and comprehend instructions and information.

  • Professional personal appearance.

  • Excellent communication skills.

  • Ability to meet company’s production and quality standards.

  • Outstanding Computer skills required.

  • Previous dealership, selling or marketing experience preferred.

  • All applicants must be authorized to work in the USA.

  • All applicants must perform duties and responsibilities in a safe manner.

  • All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, credit report, and valid driver license.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Average salary estimate

$52500 / YEARLY (est.)
min
max
$30000K
$75000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Vehicle Acquisition Specialist - BMW of Monrovia, Sonic Automotive

Are you ready to rev up your career as a Vehicle Acquisition Specialist at BMW of Monrovia? Join our dynamic team where you’ll not only have the chance to enhance your automotive knowledge but also directly interact with customers and make impactful decisions. As part of the Sonic Automotive family, we pride ourselves on creating a supportive workplace where every associate can thrive. Your primary role will be to source and appraise used vehicles, connecting with current owners and presenting competitive offers. You'll be working closely with our Sales Associates, sharing insights on market trends while fostering guest satisfaction to maximize our business potential. The excitement doesn't stop there; our commitment to promoting from within means that your career growth is our priority. Plus, we offer competitive benefits like medical, dental, vision, and a rewarding commission structure. At BMW of Monrovia, our culture is all about teamwork, recognition, and professional development. We encourage you to bring your unique talents to our dealership, where we value each member's contribution to our success. If you’re passionate about the automotive industry and enjoy interacting with customers, this position could be the perfect fit for you. Come join us and embark on an exhilarating journey where your potential is unlimited!

Frequently Asked Questions (FAQs) for Vehicle Acquisition Specialist - BMW of Monrovia Role at Sonic Automotive
What are the primary responsibilities of a Vehicle Acquisition Specialist at BMW of Monrovia?

As a Vehicle Acquisition Specialist at BMW of Monrovia, your main responsibilities include prospecting current vehicle owners, conducting appraisals, and presenting offers to purchase their vehicles. You will also collaborate with Sales Associates to enhance the overall guest experience and stay updated on market trends.

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What qualifications are needed to apply for the Vehicle Acquisition Specialist position at BMW of Monrovia?

While a college degree is preferred, it is not required for the Vehicle Acquisition Specialist position at BMW of Monrovia. A high school diploma or equivalent is necessary, along with a high level of customer service skills, excellent communication abilities, and proficiency in computer skills. Previous experience in a dealership or sales is beneficial.

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How does the salary structure work for the Vehicle Acquisition Specialist role at BMW of Monrovia?

The Vehicle Acquisition Specialist at BMW of Monrovia has a base hourly pay ranging from $15.50 to $17.05, with additional commission based on closed sales. Additionally, performance can lead to production bonuses, making the earning potential between $30,000 and $75,000+ per year depending on your success.

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What kind of training does BMW of Monrovia offer for Vehicle Acquisition Specialists?

At BMW of Monrovia, we provide award-winning training designed to ensure your success as a Vehicle Acquisition Specialist. You can expect to participate in product and sales training courses as well as ongoing coaching to keep you abreast of new market trends and technologies.

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What benefits can you expect as a Vehicle Acquisition Specialist working at BMW of Monrovia?

As a Vehicle Acquisition Specialist at BMW of Monrovia, you will enjoy competitive benefits, including medical, dental, and vision insurance, along with a 401k plan and paid time off. Additionally, there are unique perks such as employee discounts on car purchases and leasing.

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Common Interview Questions for Vehicle Acquisition Specialist - BMW of Monrovia
Can you explain your experience in sourcing and appraising vehicles?

When answering this question, detail any previous experience you have in vehicle sales or appraisals, emphasizing specific tools or methodologies you used. Highlight your ability to evaluate vehicles based on market conditions and your knowledge of both the cars and the buyers.

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How do you prioritize customer satisfaction in your sales approach?

Discuss specific strategies you use to ensure customer satisfaction, such as active listening, addressing concerns promptly, and following up after the sale. Sharing a personal story about a successful customer interaction can help illustrate your commitment.

Join Rise to see the full answer
What methods do you use to stay informed about market trends?

Explain how you utilize industry publications, online resources, and networking with peers to stay updated. Mention any specific websites, forums, or events that you engage with regularly to gather intel on market shifts.

Join Rise to see the full answer
Describe a time you had to meet a challenging sales goal.

Provide a specific example of a challenging sales goal you faced, the actions you took to meet it, and the outcome. This not only shows your determination but also your ability to strategize and adapt in a sales environment.

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How do you handle objections from potential sellers?

Discuss your approach to handling objections by staying calm and empathetic, providing clear information regarding the value of their vehicle, and addressing their concerns respectfully. Provide a real-world scenario where you successfully turned around a challenge.

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What is your understanding of the legal aspects of vehicle acquisition?

Outline your knowledge of local and state laws governing vehicle sales, emphasizing the importance of compliance. Highlight any experience you have had in navigating legal aspects during previous roles.

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How do you maintain records of potential vehicle purchases?

Talk about the systems you have used to keep track of vehicle appraisals and possible acquisitions, emphasizing the importance of organization and follow-up in your approach. Mention digital tools or spreadsheets you’ve worked with.

Join Rise to see the full answer
Can you describe your communication style when negotiating with vehicle owners?

Be honest about your communication methods, explaining how you seek to understand the seller's needs while also providing clear information about what you can offer. It’s great to give examples of successful negotiations you've conducted.

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Why do you want to work for BMW of Monrovia specifically?

Express your enthusiasm for BMW as a brand and the values held by BMW of Monrovia, such as commitment to customer service, training, and professional growth. Personal anecdotes or connections can enhance your answer.

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What strategies would you implement to increase vehicle acquisitions?

Propose innovative strategies that you believe could enhance acquisition efforts, such as community outreach, leveraging social media, or referral programs. Make sure to base your ideas on past experiences or solid research.

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Our purpose is to deliver an exceptional experience for our guests and teammates that fulfills dreams, enriches lives and delivers happiness. Our Be Connected! Principles serve as our guiding values for how we fulfill our purpose. We strive to Be...

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DATE POSTED
December 2, 2024

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