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IMR Funds
Posted:
Wed Oct 18, 2017 9:13 pmby bluepart
How do you guys use up all your Conquest funds. I do a few Bump claims, but still have a lot of money left on the table. The sales IMR funds get cleaned out. On this new GM Accessory Digital Solutions program, the fees are paid out of Sales IMR. Looks like we could elect to use Parts IMR funds if available. Any thoughts?
Re: IMR Funds
Posted:
Wed Oct 18, 2017 10:58 pmby WhoParted
You will never be able to use all of your Conquest funds. I have been trying for years. And you can't roll them over to IMR or cash any out. My GM always asks why my Conquest balance is so high.
Re: IMR Funds
Posted:
Thu Oct 19, 2017 2:44 pmby Fixed Ops Mgr
I have never been able to use up my conquest funds either, not even close. I really think that it is a program for GM to think it is
helping the dealers out by giving them all this conquest money however GM knows that it cannot all be used up by its dealers. It is
so stupid that you cannot cash it out or used it for advertising.
Re: IMR Funds
Posted:
Thu Oct 19, 2017 3:22 pmby bluepart
If only we could get it converted to Return Reserve, it would benefit everybody.
Re: IMR Funds
Posted:
Thu Oct 19, 2017 4:12 pmby 30yrs+parts
Keep all of your estimates. I was audited last month for some conquest claims. It's quite unsetting when I have over $9,000 in the conquest account and growing and have never or will ever be able to use them up. I have had more discussions with my rep about converting those dollars to return reserve but nothing will ever change.