DealerSocket announces bill reductions for April

DealerSocket has announced several reductions to its billing for the month of April to help dealers get through the COVID-19 crisis, both economically and operationally.

The announcement was made on March 23, and follows several discussions between the company and its dealer customers. The billing changes will come in the form of a 50 per cent reduction to the:

  • DealerSocket CRM
  • RevenueRadar (the data and equity mining tool)
  • CarWars
  • Inventory+
  • DealerFire websites and Precise Price digital retail
  • IDMS for independent dealers

The company is also offering a 25 per cent reduction on Auto/Mate DMS for franchise dealers.

“If you are currently not an Auto/Mate DMS customer, you can save significant dollars both in these trying times as well as into the future with switching to Auto/Mate DMS,” said DealerSocket in its announcement, adding that the company is also putting together discounted bundled packages.

“Your April bill will be automatically credited in the amounts represented above, so no action is required from you,” said DealerSocket. “Your credit statement will be separate from your April bill, as many April bills have already gone out” — although there are a few qualifying terms.

DealerSocket is also offering its dealer customers promotions for its Precise Price digital retailing, Inventory+ Absolute Sourcing and New Car functionality, Delivery Test Drive Scheduler, and Digital Credit Application.

In terms of DealerSocket’s COVID-19 relief package, the company did mention that the fee reductions represent discounts to the monthly subscription amounts by DealerSocket and not third-party products and fees (such as DMS fees, books fees, and other transactional fees). The discounts also apply to customers that remain current with their DealerSocket account.

For more information, the DealerSocket COVID-19 support page can be found here.

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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