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Dealer application fee: This dealer application fee covers the expenses related to contract preparation and other dealer setup expenses. The fee is 100% credited towards any future dealer agreement, and is refundable if for any reason WE cannot grant your dealership request due to the fault of Derek Automotive, i.e. Derek Automotive determines it cannot support your requested dealer area, or the dealer service area you're requesting is unavailable, as an examples.
The fee is NOT refundable for denials of a dealership due to the fault of the applicant, i.e. applicant lacks the financial strength to own a dealership, can't pay the dealership fee, backs out of the transaction after initiation, etc.
There are many costs associated with engaging in contract negotiations, applicant review, etc, and the application fee helps us manage these expenses. We hope you understand we are a startup company and must manage costs. ONLY APPLY IF YOU ARE SURE YOU CAN MEET THE QUALIFICATIONS TO BECOME A DEALER.
Thank you.
Derek Automotive Technologies, Inc.
777 Schwab Road, Unit M (2nd Floor) Hatfield, PA 19440
Copyright © 2020 Derek Automotive Technologies, Inc. - All Rights Reserved.
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