Feb 2018: Introducing AutoSettle for Pro and Wholesale dealers
Feb 2018: We are introducing 2 new features for our Pro & Wsl (wholesale) dealers:
AutoSettle: No need to invoice us and check payments. Once we have done our “month-end” calculations we will send you the summary, then your commission payment, either by PayPal or a UK Bank transfer.
Monthly PAYG Dealerships: If you have forgotten your annual dealership subscription, or are not convinced you want to pay for a year in advance, instead pay 10% of your annual fee per month. Annual is still cheaper. It’s your choice.
When does it happen?
Provisional calendar for 2018
| Biz month | Notification Date | Cutoff date | Settlement Date |
|---|---|---|---|
| Jan 18 | Tue 13 Feb | Wed 07 Mar | Fri 09 Mar |
| Feb 18 | Thu 08 Mar | Thu 05 Apr | Mon 09 Apr |
| Mar 18 | Mon 09 Apr | Tue 08 May | Thu 10 May |
| Apr 18 | Tue 08 May | Wed 06 Jun | Fri 08 Jun |
| May 18 | Fri 08 Jun | Thu 05 Jul | Mon 09 Jul |
| Jun 18 | Mon 09 Jul | Mon 06 Aug | Wed 08 Aug |
| Jul 18 | Wed 08 Aug | Wed 05 Sep | Fri 07 Sep |
| Aug 18 | Fri 07 Sep | Fri 05 Oct | Tue 09 Oct |
| Sep 18 | Tue 09 Oct | Tue 06 Nov | Thu 08 Nov |
| Oct 18 | Thu 08 Nov | Wed 05 Dec | Fri 07 Dec |
| Nov 18 | Fri 07 Dec | Fri 04 Jan | Tue 08 Jan |
| Dec 18 | Tue 08 Jan | Wed 06 Feb | Fri 08 Feb |
How does it work after month end?
MonthEndCalculations (by 5th working day of the month): dmClub operations will first of all get all the orders, call records etc, and calculate all the economic activity for the previous month. When it has been checked it will be made available in the Dealer portal (dmAdmin), which you reach from your clubhouse.
DealershipAutoSettleNotifications (by 7th working day of the month):
We will then email you your Wholesale/Pro dealership statements.
DealershipAutoSettleCutoff (2 working days prior to Settle): We will try to incorporate changes up to 2 working days prior to settlement. Please let us know any changes, make your payment for upgrade to annual dealership orders, give us the data if any thing is shown as TBA, through support@dmclub.net
DealerAutoSettlementSettle (by 10th day of the following month): We will email you the transfer notice, and transfer the money to your account.
FAQ
I am being charged PAYG. Can I save money by paying annually?
Yes, but you must pay your annual fee at least 2 working days prior to settlement, otherwise the annual dealership will commence from the next month. Submit a ticket to support to change from a PAYG monthly to an annual subscription.
How can I cancel my Pro/Wsl dealership if I am not making enough money?
Send a ticket to support, with the account details, and any background.
What if my commission is less than my dealership fee one month?
We understand that sometimes things can get quiet, we are happy to roll the commission/dealership fees for up to 6 months, but after that we will need to have a talk as to why your dealership is not earning you money, and if you should go back to a classic dealership.
Do you do AutoSettle for Classic dealers?
This is something that we are considering
I think that I should have a special deal
Please contact us with your reasoning for this. We are sorry, but "I thought that was the deal" is a bit vague. Note #1404 is pretty clear. We have allowed the dealership orders get behind for some dealers who did not claim, but now we are going over to an automatic system.
What are the Dealership fee levels?
| Col 1 | Initial / Annual Payment | PAYG Monthly Payment |
|---|---|---|
| Pro Dealership | £200 | £20 |
| Wholesale Dealership | £400 | £40 |