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WHAT IS DEALER 2 DEALER NETWORK?
Dealer 2 Dealer Network, LLC is an internet based website designed to simplify and increase the profitability of the wholesale marketplace for Licensed Dealers, Financial Institutions, and selected Businesses.
HOW DOES IT WORK?
Our website takes used car inventory, repossessions, lease trade ins and other items that clients are wanting to offer on a wholesale market.
We will be signing up all Dealerships, Financial Institutions and Businesses that have the need to get rid of unwanted, aged inventory on the wholesale market. Most of the top sellers and buyers who frequent the top auctions in your area are using Dealer2DealerNetwork.com.
Once a auction goes on our site, a text message and/or email is sent to our Dealers alerting them to your auction. Once the auction time has ended the listing Dealer is provided with all of the bids. Once a bid is selected as the winning bidder, the listing Dealer is put in direct contact with the winning bidder to complete the transaction.
HOW WILL THIS BENEFIT MY COMPANY?
Physical auctions are costly with an average cost of $400.00 per transaction when the vehicle sales and a minimum charge for those that do not sale. Also, other factors that effect the auction sale are weather conditions, number of buyers, time factors, and manpower. Dealers spend hours to get the car ready to run with the hopes that someone is in your lane to bid in the 30 seconds it takes to run the vehicle. Dealer2DealerNetwork will help your company, not only save money, but MAKE MONEY!
WHAT IS THE COST?
Simple. There is NO COST to sign up, NO COST to bid, NO COST to list. Once your auction has ended you are charged a one time fee of $100.00 if the auction reached the reserve. If you are the winning bidder there is a one time charge of $100.00.
FEE SCHEDULE
EFFECTIVE 01/01/2008
The fees associated with using dealer2dealernetwork.com are as follows:
BUYERS FEE $100.00
SELLERS FEE $100.00
There are no listing fee or sign up fees.
The fees are subject to change at any time. You will be notified of any fee changes 30 days prior to changes.
CAN DEALER 2 DEALER NETWORK REPLACE THE NEED FOR PHYSICAL AUCTIONS?
This depends on your individual business to business needs. Our Internet based marketing auctions provide a convenient and economical electronic venue for buyers and sellers in the wholesale market in a more cost effective manner. Our members enjoy buying and selling 24 hours a day, 7 days a week while the inventory remains on their lot for retail.
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