Hoblit CDJR in Northern California launched a private party buying center and bought and sold 40 cars in just 75 days, grossing over $200,000, massively cutting their average turn rate under 30 days.
Used car aging, margin compression, and auction costs were dragging down performance, while their team lacked a structured way to acquire vehicles from private sellers.
They implemented VETTX to centralize leads, automate follow-up, and launch a same-day buying center, empowering a dedicated acquisition team to engage sellers at scale.
In less than three months, they averaged 30 cars per month and a $4,000 gross front and back. Turn times dropped under 30 days, and staff engagement soared.
Gross First 90 Days
Most dealerships talk about building a buying center, Hoblit Dodge actually did it. And in less than three months, they turned that vision into $200,000 of front-and-back gross, proving that private party buying isn’t just a side hustle, it’s the new frontline.
The decision wasn’t easy. Leadership had been talking about converting their used car office into a buying center for years, but fear of execution, capital constraints, and lack of process kept them from pulling the trigger.
That changed in February. With VETTX in place, they staffed a dedicated buyer, fired up the platform, and let the team go to work.
Stu Snyder, GSM
The team started with one buyer and clear expectations. Within days, appointments turned into purchases. Within weeks, those purchases were on the lot, cleaned, inspected, and sold.
“We bought clean cars at or below MMR, skipped auction fees, avoided transport, and had them on the front line in 2 to 3 days.”
By the end of the first month, they'd sold over a dozen cars they had acquired themselves—no auction required. And the system kept scaling.
Initially, the floor was skeptical. Would these cars turn? Would the department last? But results speak louder than promises. Inventory got fresher, techs got more hours, recon got leaner, and front-line staff started seeing commission checks tied to street purchases.
“The perception of our used car department completely shifted. Now the team is bought in. they see money on the lot and believe in the model.”
What started as a pilot became a flywheel. Even a salesperson from the floor was promoted into a full-time buyer role. His first month? 20+ cars purchased.
Their edge wasn’t just the technology, it was the same-day experience for sellers. From offer to check, everything happened in-house. No waiting. No red tape.
“You tell someone you’ll cut them a check right now, and then actually do it? That’s how you earn repeat business.”
Hoblit implemented same-day payoffs, DMV diligence, and transparent walk-backs if vehicles weren’t as described. The result? Sellers left elated, and word spread fast.
And that doesn’t count the additional parts, labor, and F&I revenue. They’re now scaling the department month after month, pulling sellers out of their driveways and bypassing traditional auctions altogether.
Private party buying isn’t a trend, it’s a permanent advantage. And for dealers like Hoblit, the only regret is not starting sooner.
“In 120 days, you’re going to look back like me and say: I wish we did this a year ago.”
The team at Hoblit proved one simple truth: the best cars aren’t at the auction, they’re in your backyard. You just need a process, a platform, and the will to follow through.