Acquisition Specialist

📌 Core Information

🔹 Job Title: Acquisition Specialist

🔹 Company: Groove Toyota

🔹 Location: Englewood, Colorado

🔹 Job Type: On-site, Full-time

🔹 Category: Automotive

🔹 Date Posted: May 13, 2025

🔹 Experience Level: 2-5 years

🔹 Remote Status: On-site

🚀 Job Overview

Key aspects of this role include:

• Sourcing and acquiring pre-owned vehicles for dealership inventory
• Evaluating vehicle condition, market value, and history reports
• Negotiating purchase terms and finalizing deals with sellers
• Collaborating with sales and management teams to identify high-demand inventory needs
• Monitoring market trends and adjusting acquisition strategies accordingly

ASSUMPTION: This role requires a balance of strong negotiation skills, attention to detail, and market awareness to ensure the dealership maintains a steady flow of quality inventory.

📋 Key Responsibilities

✅ Actively source and acquire pre-owned vehicles through private party purchases, trade-ins, auctions, and online platforms

✅ Evaluate vehicle condition, market value, and history reports to determine accurate appraisals and fair acquisition pricing

✅ Negotiate purchase terms and finalize deals with sellers

✅ Maintain detailed records of vehicle acquisitions, including purchase price, vehicle condition, and related documentation

✅ Collaborate with sales and management teams to identify high-demand inventory needs and trends

✅ Develop and maintain strong relationships with vehicle sellers, auction representatives, wholesalers, and trade partners

✅ Monitor market trends and adjust acquisition strategies accordingly

✅ Ensure compliance with all dealership policies, state, and federal regulations regarding vehicle purchasing and documentation

ASSUMPTION: The responsibilities listed above are essential for maintaining a healthy inventory level and supporting the dealership's sales objectives.

🎯 Required Qualifications

Education: High school diploma or equivalent required; relevant college degree preferred

Experience: Prior experience in automotive vehicle purchasing, appraisal, or sales preferred

Required Skills:

• Strong negotiation and communication skills
• Excellent organizational skills and attention to detail
• Ability to multitask and manage multiple acquisitions leads simultaneously
• Proficient with inventory management and appraisal tools (such as vAuto, Kelley Blue Book, etc.)
• Positive attitude, strong work ethic, and customer-first mindset
• Valid driver’s license and clean driving record
• Ability to pass a pre-employment background check and drug screen for illegal substances
• Authorized to work in the United States

Preferred Skills:

• Fluency in Spanish or another language spoken by a significant portion of the local population

ASSUMPTION: While not explicitly stated, being bilingual may be beneficial for communicating with a diverse customer base and expanding the acquisition network.

💰 Compensation & Benefits

Salary Range: Up to $100,000+ per year (commission-based position)

Benefits:

• Health, dental, and vision insurance
• 401(k) retirement plan with company match
• Paid time off (vacation, sick, and holidays)
• Employee discounts on vehicle purchases and service
• Opportunities for career growth and advancement

Working Hours: Full-time, typically Monday through Saturday, with a flexible schedule to accommodate auction and wholesale opportunities

ASSUMPTION: The salary range provided is an estimate based on industry standards for similar roles in the automotive industry. Benefits may vary and are subject to change.

📌 Applicant Insights

🔍 Company Context

Industry: Groove Toyota operates in the competitive automotive industry, focusing on pre-owned vehicle sales and acquisitions.

Company Size: Groove Toyota is a mid-sized company with 201-500 employees, providing a supportive work environment with opportunities for growth and advancement.

Founded: Groove Toyota was founded in 2005 as part of Summit Automotive Partners and has since grown to become a leading pre-owned vehicle dealership in the Englewood area.

Company Description:

• Groove Toyota is dedicated to excellence, personal growth, and processes that support customer and employee satisfaction.
• The company is unique in its commitment to the "Power of Yes," empowering employees to provide customers with a positive, stress-free experience.
• Groove Toyota values its motivated employees and appreciates their hard work, fostering a collaborative and supportive work environment.

Company Specialties:

• Pre-owned vehicle sales and acquisitions
• Automotive appraisal and negotiation
• Customer-centric sales and service

Company Website: https://www.groovetoyota.com

ASSUMPTION: Groove Toyota's focus on customer satisfaction and employee empowerment sets it apart in the competitive automotive industry.

📊 Role Analysis

Career Level: This role is suitable for candidates with 2-5 years of experience in automotive vehicle purchasing, appraisal, or sales, seeking to advance their careers in the industry.

Reporting Structure: The Acquisition Specialist reports directly to the Used Vehicle Manager and works closely with the sales and management teams to identify high-demand inventory needs and trends.

Work Arrangement: This is an on-site, full-time position with a flexible schedule to accommodate auction and wholesale opportunities. The work arrangement may involve occasional travel to attend auctions or meet with sellers.

Growth Opportunities:

• Advancement to a Used Vehicle Manager or similar leadership role
• Expansion of responsibilities to include new vehicle acquisitions or other dealership departments
• Development of expertise in specific vehicle makes or models, leading to specialized roles within the dealership

ASSUMPTION: Groove Toyota's mid-sized structure and focus on employee growth provide ample opportunities for career advancement within the company.

🌍 Location & Work Environment

Office Type: Groove Toyota operates from a single location in Englewood, Colorado, providing a centralized work environment for employees.

Office Location(s): 5460 S Broadway, Englewood, Colorado 80113, US

Geographic Context:

• The Englewood area is part of the Denver-Aurora-Lakewood, CO Metropolitan Statistical Area, with a population of over 2.9 million people.
• The dealership is conveniently located near major highways, providing easy access for customers and employees.
• The area offers a mix of urban and suburban living, with numerous amenities, cultural attractions, and outdoor recreation opportunities nearby.

Work Schedule: The work schedule for this role is typically Monday through Saturday, with a flexible schedule to accommodate auction and wholesale opportunities. The dealership may be open on Sundays, requiring some employees to work on a rotating basis.

ASSUMPTION: The Englewood location provides easy access to a diverse customer base and a vibrant automotive market, allowing the dealership to maintain a steady flow of quality inventory.

💼 Interview & Application Insights

Typical Process:

• Online application submission
• Phone or video screen with the Used Vehicle Manager
• In-person interview with the Used Vehicle Manager and a member of the sales team
• Background check and drug screen
• Job offer and onboarding

Key Assessment Areas:

• Automotive industry knowledge and experience
• Negotiation and communication skills
• Attention to detail and organizational skills
• Market awareness and trend analysis
• Customer service mindset and commitment to the "Power of Yes"

Application Tips:

• Tailor your resume to highlight relevant automotive industry experience, negotiation skills, and customer service background.
• Prepare for behavioral interview questions that focus on your problem-solving abilities, communication skills, and commitment to customer satisfaction.
• Research the automotive market trends and be prepared to discuss your understanding of the local market and its impact on vehicle acquisitions.

ATS Keywords: Automotive vehicle purchasing, appraisal, sales, negotiation, communication, organizational skills, attention to detail, multitasking, inventory management, appraisal tools, positive attitude, strong work ethic, customer-first mindset, valid driver’s license, clean driving record

ASSUMPTION: Groove Toyota's interview process focuses on assessing candidates' automotive industry knowledge, negotiation skills, and commitment to customer satisfaction, as these are crucial for success in the role.

🛠️ Tools & Technologies

• vAuto
• Kelley Blue Book
• Automotive inventory management software (e.g., Dealertrack, Reynolds & Reynolds)
• Microsoft Office Suite (Word, Excel, PowerPoint)

ASSUMPTION: The tools and technologies listed above are commonly used in the automotive industry for vehicle appraisal, inventory management, and communication.

👔 Cultural Fit Considerations

Company Values:

• Excellence
• Personal growth
• Customer satisfaction
• The Power of Yes

Work Style:

• Collaborative and supportive work environment
• Focus on continuous improvement and learning
• Commitment to providing a positive, stress-free customer experience

Self-Assessment Questions:

• Do you have a strong commitment to customer satisfaction and the ability to provide a positive, stress-free experience?
• Are you comfortable working in a collaborative and supportive environment, focused on continuous improvement?
• Do you possess strong negotiation skills and the ability to multitask and manage multiple acquisitions leads simultaneously?

ASSUMPTION: Groove Toyota's company values and work style emphasize the importance of customer satisfaction, collaboration, and continuous improvement, making these factors crucial for cultural fit in the role.

⚠️ Potential Challenges

• Dealing with high-pressure situations and difficult sellers during negotiations
• Managing a high volume of acquisitions and maintaining attention to detail
• Adapting to fluctuating market trends and adjusting acquisition strategies accordingly
• Balancing the demands of the role with a flexible work schedule and occasional travel

ASSUMPTION: The challenges listed above are common to the automotive industry and require strong negotiation skills, market awareness, and adaptability to succeed in the role.

📈 Similar Roles Comparison

• Automotive Acquisition Specialist vs. Automotive Sales Manager: The Acquisition Specialist focuses primarily on sourcing and acquiring vehicles, while the Sales Manager oversees the sales team and sales processes.
• Automotive Acquisition Specialist vs. Automotive Wholesale Buyer: The Acquisition Specialist works with a broader range of vehicle sources, including private party purchases and trade-ins, while the Wholesale Buyer focuses on acquiring vehicles from auctions and wholesale channels.
• Automotive Acquisition Specialist vs. Automotive Appraiser: The Acquisition Specialist is responsible for the entire acquisition process, from sourcing to finalizing deals, while the Appraiser focuses solely on evaluating vehicle condition, market value, and history reports.

ASSUMPTION: Understanding the differences between similar roles in the automotive industry can help candidates identify the best fit for their skills and career goals.

📝 Sample Projects

• Developing and implementing a targeted marketing campaign to attract private party sellers
• Analyzing market trends to identify high-demand inventory needs and adjusting acquisition strategies accordingly
• Negotiating and finalizing a large-scale wholesale vehicle acquisition to support a dealership-wide sales event

ASSUMPTION: The sample projects listed above are representative of the responsibilities and challenges faced by an Automotive Acquisition Specialist in the role.

❓ Key Questions to Ask During Interview

• How does Groove Toyota support the professional growth and development of its employees?
• What are the most significant challenges currently facing the dealership's inventory management, and how can this role address them?
• How does Groove Toyota measure the success of its Automotive Acquisition Specialists, and what key performance indicators (KPIs) are used to evaluate performance?
• What opportunities exist for collaboration and knowledge-sharing between the Acquisition Specialist and other dealership departments?
• How does Groove Toyota maintain a competitive edge in the automotive market, and what role does this position play in achieving that goal?

ASSUMPTION: Asking thoughtful questions during the interview process demonstrates a candidate's interest in the role and commitment to understanding the company's goals and values.

📌 Next Steps for Applicants

To apply for this position:

• Submit your application through this link
• Tailor your resume to highlight relevant automotive industry experience, negotiation skills, and customer service background.
• Prepare for behavioral interview questions that focus on your problem-solving abilities, communication skills, and commitment to customer satisfaction.
• Research the automotive market trends and be prepared to discuss your understanding of the local market and its impact on vehicle acquisitions.
• Follow up with the hiring manager one week after submitting your application to express your continued interest in the position.

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.