Worried about employee theft? Prevention techniques can be easy to employ and save you thousands — possibly millions — of dollars. Just this year, a dealership employee in Alabama was charged with first-degree employee theft after investigators discovered she had…
New proposed payday regulations could affect how you manage your in-house auto financing The average American family isn’t financially prepared for a large, unexpected expense. The Federal Reserve Board found that 46 percent of individuals believe that they would struggle…
Motivated BHPH dealers can increase and improve their used inventory by putting these essential auto auction tips into action As a Buy Here, Pay Here (BHPH) auto dealer, you fill an important void in the industry. For individuals who can’t…
Adverse action notices can throw a wrench in the car-buying process, but if dealt with carefully, they’ll just be a minor speed bump. After spending a couple of hours with a prospective car buyer, it’s finally time — he or…
Compliance is crucial in the auto industry, and it starts with educating your employees about the Fair Credit Reporting Act You’ve worked in the auto industry for quite a while now, and after all these years, you probably feel like…
Are you disclosing all auto loan terms to potential borrowers? Read this Regulation Z summary to make sure you’re in compliance. You’ve put a ton of work into your auto dealer advertising, and you’re proud of your well-rounded marketing campaigns.…
When you’re an auto dealer, advertising ideas that drive sales are essential — you just need to deliver ads the way customers want to consume them.
Do you have a Buyers Guide displayed in the window of each used vehicle on your dealership lot? If you don’t, you could be breaking the FTC Used Car Rule. Do you sell more than five used vehicles in a…
In your auto dealership, hiring the right people should always be a top priority You’ve spent a ton of money on advertising, getting the best inventory, and upgrading your dealership’s interior design. These are all things you thought would bring…
You need to know your obligations to the consumer and when you must honor their warranty in your auto dealership. Working in an auto dealership, you’ve hopefully already done your homework when it comes to the Magnuson Moss Act —…
