Reinsurance X Offers Timely Solution to Tax Concerns
National Automotive Experts has released ‘A New Reinsurance Plan for Uncertain Times,’ a new whitepaper addressing the implications of the Trump administration’s tax reform on several dealer participation programs and detailing Reinsurance X, the company’s new alternative.
A new whitepaper from National Automotive Experts and NWAN details Reinsurance X, a new participation model designed to meet dealer expectations while reconciling new taxation guidelines.
Photo courtesy National Automotive Experts/NWAN
STRONGSVILLE, Ohio — The reinsurance team at National Automotive Experts and NWAN today announced the release of “A New Reinsurance Plan for Uncertain Times,” a new, free, downloadable whitepaper for auto dealers.
The whitepaper is comprised of two parts:
Part I breaks down the effects of the Trump administration’s Tax Cuts and Jobs Act on various traditional reinsurance programs.
Part II describes how NAE/NWAN’s new solution, Reinsurance X, helps address the changes in the tax code by offering predictable tax results — no matter which reinsurance model a dealer currently uses.
“Today’s dealers have different needs, and expectations than they did five or 10 years ago, and therefore need a reinsurance structure built to meet their current needs,” said Ryan Nelson, the company’s vice president of business development. “We know Reinsurance X and Dealer Investment Advantage provide a best-of-all-worlds scenario by allowing dealers to maximize the many benefits of F&I participation structures.”
To download “A New Reinsurance Plan for Uncertain Times” for no charge, click here.
Originally posted on Auto Dealer Today
More Industry
California Calling? What's Up With the State's New CARS Act?
Should auto dealers outside of California be concerned about its new price-transparency law? Yes, and you can guide them in the right direction.
Read More →
Tennessee Transaction Latest in Buy-Sell Flurry
Four stores move from a longtime local family business to one of the country’s biggest automotive groups as part of the industry’s continued consolidation.
Read More →
SUV Joins Safety Rankings
Thanks to a seat belt redesign, the Nissan Kicks has earned a Top Safety Pick award from the Insurance Institute for Highway Safety.
Read More →
Nebraska Rooftop Changes Hands
The Gregg Young Automotive Group has sold its second dealership to Janssen Auto Group, both in Plattsmouth, Neb.
Read More →
Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
Read More →
War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
Read More →
Bridge the Maintenance Gap
With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.
Read More →
California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
Read More →
BMW Plant Pursues Cleaner Energy
BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.
Read More →
Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
Read More →