Auto Dealer Monthly offers a quick look at one of various compliance concerns auto dealers face, the Credit Practices Rule. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Auto dealers have many laws, rules and regulations to comply with. Here is a summary of one of those very important compliance issues, Federal Advertising Laws/Truth-in-Advertising. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Compliance is an ongoing concern for dealers, with numerous rules and regulations to adhere to. Auto Dealer Monthly offers a brief summary of one of those issues, the Red Flags Rule. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Auto Dealer Monthly presents a brief summary of one of the many compliance issues that affect dealers, the Americans with Disabilities Act. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Auto dealers have a number of compliance issues to concern themselves with daily. Here is a quick look at one of those issues, the Telemarketing Sales Rule. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Auto Dealer Monthly offers a quick look at one of various compliance concerns auto dealers face, the Do Not Call Rule. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Compliance is a constant source of stress and concern for dealers, with a huge number of rules and regulations to adhere to. Auto Dealer Monthly offers a brief summary of one of those issues, Fuel Economy Advertising for New Automobiles. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Auto dealers face a multitude of compliance issues on a daily basis. Here is brief summary of one of those issues, Form 8300 and Reporting Cash Payments of Over $10,000. Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Auto Dealer Monthly presents a brief summary of one of the many compliance issues that affect dealers, the Office of Foreign Assets Control (OFAC). Please note, this is not legal advice and dealers should always seek the assistance of qualified legal counsel.
Jennifer Murphy - In an effort to alleviate some of the stress caused by trying to understand the compliance issues dealers must contend with, here are 19 laws, rules and regulations summarized (along with potential penalties for breaking them and helpful links to useful information).
Jason Ezell - In a business where inventory is the backbone of sales, the car industry doesn’t lend itself very well to cutting costs. A lower inventory, while it might save money, might also cost you more in lost sales. So what’s the answer?
Thomas B. Hudson - Joseph Heller’s 1961 World War II novel, “Catch 22,” dealt with the rules that governed how many deadly missions B-25 pilots had to fly before they could go home. I’ll bet Mr. Heller never envisioned that the phrase would be used in connection with the sale of VSI insurance in an auto finance transaction.
David Keller - After reviewing many dealerships’ financial statements over the last six months, it seems the used vehicle department is the king of profits and volume. Most dealers, with new vehicle sales still depressed, are selling more used vehicles than ever. It is more important than ever to manage your vehicle inventories.
Jennifer Murphy - One doesn’t have to be tech-savvy to understand the popularity of social media. Lisa Cryder, the owner/general manager at Lebanon Ford Lincoln Mercury realized social media could be a powerful business tool—one her Lebanon, Ohio, dealership stood to benefit from.
J.D. Rucker - When the topic of inventory management is brought up to car dealers, certain things always come to mind. How should it be priced? How often is it updated? How many pictures should you take? While these are all important, one aspect that is regularly forgotten is how to drive the right traffic to the specific vehicles that people want to buy.
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