Step 1:
Go to RetailMyRide.com to complete your free sign up, then log in to create and activate your free dealer listing. Takes 15 minutes.
Step 2:
One of our consignment expert representatives will contact you to complete the onboarding process. Takes 15 minutes.
Step 3:
If you are new to consignment, let us know and we will provide free online dealer training and ongoing support to you and your key dealership personnel. Your success is our success!
Step 4:
Retail My Ride works all seller leads generated from its website traffic. We contact each seller directly to discuss consignment and qualify/disqualify their vehicle based on pre-determined criteria . Our objective is to convert qualified leads and schedule an appointment date for the seller to bring their car to your dealership for a hands-on evaluation and appraisal. Our platform automatically sends a "get connected" appointment confirmation email to the seller and to your designated dealership contact.
You can Pause and Resume your free dealer listing any time to manage the flow of cars based on your inventory sourcing needs.
Step 5:
If you like their car, and if they like your program terms and requirements then shake hands, sign your agreement and take their car into your inventory to sell it.
Step 6:
Once a seller's car is listed in your inventory (consigned or acquired) we bill your dealership a flat "landing fee" and invoice you on the first of each month. No cars from us, No cost to you.
If a consigned vehicle is removed from your inventory (unsold) by the seller for any reason within 90 days from arrival date, you can submit a request for a 100% fee credit.
Retail My Ride was created by a seasoned automotive professional and fellow used car dealer with a long term vision that goes far beyond providing another private party seller lead gen website. Our truly unique platform is designed to source and deliver quality vehicles from informed sellers of all kinds who want to reap the benefits of using the consignment selling option to get more money for their car, truck, SUV, van, classic, antique, luxury, or exotic.
We attract, inform, convert and connect sellers and their vehicles to your dealership on consignment. And, we only source the cars you tell us you want to sell alongside your owned-inventory. Simply stated, that means, "no matching cars from us, no cost to you." It is all about you gaining access to quality cars that make money for your dealership.
All licensed retail dealers in good standing and with a 4.2 or higher Google review rating that offer professional consignment services. We provide access to individual private party cars through our online platform, RetailMyRide.com and to bulk institutional cars through our national remarketing partner.
Vehicles sourced on consignment from private party and institutional sellers include: Cars, Trucks, SUVs, Vans, Classics, Antiques, Vintage, Exotics, Performance, Luxury, Mobility, and Custom/Mods
Yes. The vehicles we source to you are "on consignment" from private party and/or institutional sellers and arrive at your dealership free. That means no cash outlay, no floorplan cost, no auction sale fee and no transportation cost. Once you accept their car into your inventory, you prepare it (at seller's expense), and retail it alongside your owned-inventory. When the car sells and you are fully funded, subtract your "consignment fee" (commission) and any reconditioning charges, then pay the seller the "net" proceeds.
The only cost to participating dealers is a small flat "landing fee" billed per consigned (or acquired) vehicle. Our fee is a fraction of the typical auction buyer fees paid by dealers these days, and covers our cost of attracting, informing, converting and connecting the seller and their car to your dealership.
Retail My Ride's platform is free to join and there are no monthly subscription fees or annual dues.
You only pay a flat "landing fee" for each referred vehicle that arrives at your dealership and is accepted (stocked) into your inventory (consigned or acquired):
If a consigned vehicle is removed from your inventory (unsold) by the seller within 90 days from arrival date, you can request a 100% landing fee credit.
No. There is no contract or commitment to register your dealership on our platform and gain access to a flow of free private party cars. However, there is a service contract (can be cancelled with 30 days notice) involved if you decide to also sign up to receive bulk institutional cars from our national remarketing partner's national clients (i.e., banks, credit unions, lease companies, fleet companies, auto lenders, etc.)
Not a problem! We can help you implement a successful consignment program at your dealership with our "Consignment Pro" starter kit, hands-on training for your dealership personnel, and ongoing dealer support. We can have you up and going quickly. Call 833-795-CARS for more information.
Sourcing vehicles through the consignment option provides your dealership with these (and other) financial, operational and customer satisfaction benefits:
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