Ritchie Bros.

Vehicle Buyer

Ritchie Bros.  •  Geelong, AU (Onsite)  •  4 months ago
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Job Description

The Vehicle Buyer is responsible for the acquisition and sale of salvage vehicles through the IAA platform, supporting the organization’s remarketing strategy and commercial objectives. The role involves active participation in daily auctions, where the incumbent will develop market knowledge, refine buying judgement, and identify and execute purchasing opportunities in response to changing market conditions, while contributing to consistent purchase and sale volumes and maximizing profit margin. The Vehicle Buyer applies valuation fundamentals and sound commercial judgement to make informed buying decisions, while building effective internal and external relationships to support stock flow, reporting accuracy, and overall auction performance.

The role works closely with valuations, marketing, and remarketing teams to ensure vehicles are purchased, managed, and sold in line with business requirements.

Key Responsibilities;

  • Buying & selling vehicles (building to 90% of time)
    • Source, assess, and purchase suitable salvage vehicles.
    • Manage turnaround times, ensuring vehicles are prepped and listed efficiently.
    • Maximise margin while upholding compliance, safety, and process standards.
  • Clerking sales (20% for first 12 Months then down to 10%)
    Support weekly sales by clerking auctions to keep pace with fluctuating markets and valuations.
  • Assisting the valuation team (20% for first 12 Months then down to 10%)
    Provide support to valuers with accurate assessments and market feedback.

Bachelor’s Degree in Business, Marketing, Sales or a related field (preferred).

Experience within car wholesaling, dealership, Auction, vehicle sales or Salvage Industry is preferred.

Ritchie Bros.

About Ritchie Bros.

Founded in 1958, Ritchie Bros. (NYSE & TSX: RBA) is the world’s largest and most trusted marketplace for used equipment, trucks, and industrial assets. We connect local sellers to global buyers, providing real results.

Across construction and transportation to agriculture, energy, mining, and forestry, we combine the reach of a global marketplace with personalized local support. Our selling channels - Ritchie Bros., IronPlanet, Marketplace-E, Boom & Bucket and GovPlanet - give customers flexible ways to buy and sell backed by inspections, market insights, and proven performance.

As part of RB Global, we make doing business easier at every step through a connected family of brands, including Rouse Services, SmartEquip, VeriTread, and more.

Follow us for equipment market insights, industry trends, customer stories, and updates from across the RB Global network.

Industry
Manufacturing & Production
Company Size
1,001-5,000 employees
Headquarters
Westchester, Illinois
Year Founded
1958
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