You don't have to worry about your customer not coming back when you find the "right car". You have it NOW!!! The Sale is made!! You are in control of your inventory! You did it working with your fellow dealers through IQinventory.net.
Sell retail to your customers and wholesale (at your price) to your fellow dealers
Access lot-ready inventory at your desk, with your fingertips, within seconds
Within seconds, find vehicles qualified for subprime borrowers
Buy your selected vehicle - in an instant
End loud, crowded, swelteringly-hot, frigidly-cold, reeking visits to auctions
Stop bloated, senseless auction fees
Never again get "run up" by huckster auctioneers
Reduce curtailment payments
RULES OF THE ROAD
1. All dealers shall treat each other with respect and dignity at all times and agrees to abide by all the terms and conditions of IQinventory.net license agreement.
2. All vehicles listed by a selling dealer are presumed to be in descent working order and in the condition represented in the vehicle description. Any repair, problems and/or concerns, either actual or potential, shall be typed in the description box by the selling dealer to notify the buying dealer of such repairs, problems and/or concerns.
3. There is NO SALE of a vehicle until the buying dealer and selling dealer converse with each other on the phone or in person and mutually and verbally agree that the buyer will buy and the seller will sell the selected vehicle at the price listed on iqinventory.net or at some other price agreed to by the buyer and seller during their conversation.
4. If the buyer and/or the seller decide during their conversation that NO SALE shall be made, the Buyer is entitled to a credit of the iqinventory.net fee for that vehicle as long as that vehicle will again be immediately posted as being For Sale by the Selling Dealer. The buyer notifies us at email@example.com by email of the NO SALE if the seller agrees to re-posting the vehicle FOR SALE on iqinventory.net.
5. In the event of a dispute, the selling dealer and the buying dealer are highly encouraged to work-out a fair and equitable agreement between themselves.
6. In the event that the dispute cannot be worked-out fairly and equitably, the buyer dealer and the seller dealer agree to binding arbitration to be conducted by an unbiased, SAE-certified mechanic arbiter who is not directly related to either the buyer dealer or the seller dealer, i.e., the mechanic cannot be an employee or former employee of the buyer or the seller.
7.a. Cost associated with the dispute and related directly to the repair and/or damage to the vehicle must exceed $500. Otherwise, there is no issue subject to arbitration and the parties are not therefore bounded by arbitration. The sale is final in the "as is" condition.
7.b. The SAE-certified mechanic arbiter shall determine who shall be responsible and for what and the buyer dealer and the seller dealer agree to abide by the determination of the SAE-certified mechanic arbiter including but not limited to which party shall pay the arbiter's fee. Maximum total obligation: $3,000 with the first $500 paid by the buyer dealer and the remaining $2,500 paid by the seller dealer.
7.c. The SAE-certified mechanic arbiter may, at his/her sole discretion, refer to and apply the arbitration policy standards promulgated by the National Auto Auction Association.
8. Comparable to conventional auto auction sites, the selling dealer agrees to provide the buying dealer a 3-day or 300-mile, whichever occurs first, drive-train warranty.