Double Clutch’s mission is to bring value to the Dealer community, period. We aim to do that by connecting dealers in a fast, efficient way, enabling for an inventory acquisition or disposition strategy that delivers maximum value. We are a forward-thinking company that is always building new technology that makes a dealer’s job more efficient and adds to their bottom line.
The ultra highline and exotic market has been largely ignored and underserved by modern dealership technology. Our goal is to deliver solutions tailored made for this niche segment on the industry so that dealer can best compete in today’s market. Today’s buyer is better equipped with information and insight than ever before and the result is a more challenging retail environment, along with lower margins. Double Clutch was created with the sole purpose of leveraging the power of community and pairing it with technology to reverse this trend.
Double Clutch caters specifically to the needs of the highline and exotic dealer.
Double Clutch reduces inventory costs by removing as many friction points separating dealers and inventory as possible. By utilizing solutions designed to increase trade conversion, promote dealer-to-dealer cooperation and tackle old problems such as aging inventory in a modern way Double Clutch members benefit from proven technologies that decrease the costs in which they have to pay for pre-owned inventory.
No. DCA limits membership exclusively to select highline and exotic dealers. Members are vetted and required to pass a formal review process before being granted access.
DCA auctions adhere to all the formalities of a traditional auction, but differ in that we are not party to the transaction and thus do not collect a fee.
Double Clutch appraisals are specifically tailored to the highline and exotic market where typical book values don't exist, and where auction data is to sparse to rely on. DCA appraisals are the first to account for option content, seasonal and regional elements and many other factors unique to the top end of the market.
The Double Clutch Marketplace is designed to bridge the gap between dealers and inventory. The Marketplace promotes intra-industry communication and cooperation by making the process of finding and acquiring available inventory easy and fast. Vehicles listed for sale on the Marketplace represent vehicles that member dealers have indicated a desire to sell based on specific aging policies or any other reason. Members are free to make offers on these vehicles as they see fit.
DCA is an inventory exchange and auction platform that matches registered dealers as buyers and sellers of inventory. DCA is not a party to any vehicle sale contract between Buyers and Sellers originating on the platform.
No! There are no auction fees. Double Clutch Automotive is a member based community of like minded highline and exotic car dealers. The no-fee auction model is intentionally designed to allow dealers to buy as many cars as possible while simultaneously reducing their overall inventory acquisition costs.
We charge a flat monthly subscription fee. A subscription is all-inclusive and gives members access to all facets of the DCA platform. Membership is $499 per month.
Double Clutch’s arbitration policy has been specifically designed to adhere to all the formalities of a traditional auction, however, being as DCA is a member based community of like-minded dealers, and DCA is not party to the sale- it is expected and encouraged that members work together to resolve post-sale disputes. In the event that resolution cannot be achieved, DCA members can take comfort in knowing that formal arbitration always remains an option. The Full Arbitration Policy, along with our Dispute Resolution Process can be found on the footer of the page.
DCA’s platform offers a host of technological tools that have been specifically designed to help make the lives of highline and exotic dealers easier. Members are granted access to the entire suite as the concept of up-charging for various features runs contrary to our core philosophies. The DCA suite ranges from real-time appraisal data, trim specific market comps and includes appraisal, auction and marketplace access.
Once a Seller lists a vehicle and the auction commences, Seller shall be obligated to complete the auction process. No auction may be cancelled once begun. No Seller or Buyer shall sell, offer to sell, purchase or offer to purchase a vehicle in a live auction outside of the auction. No Party shall be permitted to sell an auction vehicle “off the block” once an auction has begun until the auction concludes.
Vehicles listed via a Timed Auction are subject to DCA exclusivity and may not be listed simultaneously via any other auction platform.
Members are provided with the ability to manage and market their inventory at their sole discretion. Placing a Buy It Now number is a function of a dealer’s choice to do so.
The DCA platform is designed as an exclusive dealer-to-dealer trading marketplace and vehicle pricing is intended to be stated at wholesale. As such, we monitor our auctions and reserve the right to reject listings with pricing deemed unrealistic to the market.
Each Buyer and Seller recognizes and agrees that each bid submitted via the DCA platform is binding in respect to applicable terms of the auction. Each Buyer and Seller recognizes and agrees that each bid submitted via the DCA platform is binding in respect to applicable terms of the auction Once an auction is concluded with a winning bid, a binding Contract of Sale shall be deemed created between the Buyer and Seller which may be enforced as a binding contract.
Once a Seller lists a vehicle and the auction commences, Seller shall be obligated to complete the auction process. No auction may be cancelled once begun. No Seller or Buyer shall sell, offer to sell, purchase or offer to purchase a vehicle in a live auction outside of the auction. No Party shall be permitted to sell an auction vehicle “off the block” once an auction has begun until the auction conclusion.
Online auctions are often susceptible to “bid sniping” whereas a user and/or software is used to bid in the last seconds of an auction. During the last several minutes of an auction, DCA extends its auctions following each bid. This is done to ensure fairness throughout.
Once an auction is concluded with a winning bid, a binding Contract of Sale shall be deemed created between the Buyer and Seller which may be enforced as a binding contract. In the event either Buyer or Seller shall be forced to file suit to compel the Sale of the successful auction vehicle, the prevailing Party shall be entitled, in addition to recovery of the vehicle and/or damages, to reasonable legal fees incurred.
If Buyer is the successful bidder, Buyer shall pay Seller directly for said vehicle within two business days, and no later than 5PM EST upon conclusion of auction and production of title. In the event that payment is not made within two business days seller is free to re-sell, or re-list at their discretion.
In the event that a vehicle listed for auction is sold by the listing dealer while an auction is in progress and the reserve has been met, DCA withholds the right to charge your credit card a penalty fee of $1000. We do this in order to maintain the best interests of all parties involved, in the event that a car is no longer available while an auction is in progress we ask that you contact us to avoid potential confusion. A full explanation can be found here at our full Commitment to Sell Policy.
It is typical for shipping to be the responsibility of the buyer to pay for and arrange. However, users of the DCA auction platform acknowledge and agree that shipping facilitation and fees is a matter between buyer and seller. DCA is able to recommend shipment options but bears no responsibility in doing so.
Users acknowledge and agree that DCA, or its subsidiary entities bears no risk associated with purchasing of a vehicle posted on its platform. All vehicles listed for auction are responsible to have a completed condition report. Vehicle inspections are addressed within the DCA arbitration policy and DCA involvement in post-sale disputes is defined and limited to said arbitration rules.
The reserve price is a hidden minimum that represents the lowest price that the seller has committed to selling the car for. If an auction expires without the reserve being met, the seller is not required to sell. Sellers are free to lift their reserve price at any point, in the event that they elect to do so the current high bid does not represent a binding offer, but the subsequent bid will represent a binding offer. DCA does not disclose the reserve price, but will indicate when the reserve has been met.
As a buyer you will not see the reserve price. However, take note of the “Reserve Label” which will indicate if the reserve has or has not been met.
DCA uses a sale light system which allows selling dealers to define and outline the condition and announcements of their vehicles. Sellers are responsible for auctioning vehicles under the correct light as well as stating all relevant announcements. Buyers are responsible for observing and understanding what the various lights indicate as well as reading and acknowledging any announcements stated in the vehicle’s “Condition Report”.
Vehicles on the DCA platform are offered for sale using one of two formats: Inventory Auctions and Trade Auctions. See Section 5 for more details.
Inventory auctions represent vehicles are owned by the listing agent. In the event that an Inventory auctions reserve is met, the seller is required to sell to the winning bidder and the winning bidder is required to honor their high bid amount. Inventory Auctions run daily at 3PM EST with staggered end times beginning at 5PM EST and completing at 7PM EST.
Trade Auctions represent vehicles that are not owned by the listing agent. The listing agent is warranting that they are attempting to make a deal and are requesting bids to do so. Trade Auctions do not have starting prices or reserve amounts and sellers are not required to accept any offer. If a seller commits to a bid they are formally warranting that they have secured full control of the car and will sell it to the bidder for the amount offered.
Upon completion of a Trade Auction, in the event that the vehicle has not sold, Trade Auctions are moved to “Pending” status whereas the buyer is required to honor their bid for a period 48 hours, or 50 miles driven. Bidders are free to up their bids during this time.
Trade Auctions are designed for when customers are shopping their trade and you need buy bids to avoid losing an opportunity. DCA views Trade-Auctions as the perfect tool for leveraging the power of community.
Trade Auctions should be used when you don’t control a car with certainty, you don’t have a commit value or you genuinely don’t know what a vehicle is worth.
Trade Auctions contain no Reserve or Starting Price. A bidder can place any bid they’d like and will be alerted that they are the high bidder. If another participant submits a higher bid, the previous high bidder will receive an outbid email, however the bid value remains blind at all times. In the event that the seller selects “Commit to Bid”, the auction ends immediately. Upon commitment of a Trade Auction, the seller is required to sell to the winning bidder and the winning bidder is required to honor their high bid amount.