Dealers should have an available vehicle service contract which mirrors the coverages available under the manufacturer CPO warranty.
This session was crafted to address retail compliance issues at the core.
A recent and rather extreme case may serve as a lesson of what can be expected from the CFPB in the future.
Join Automotive Compliance Education at AE Experience on Tuesday, May 25.
Implementing pricing guidelines is not a guarantee that the regulators will stay away, but properly implemented and managed, it should provide a plausible defense of your F&I pricing practices.
As we enter a new administration, dealers will need to continue navigating new sales processes while also reverting their attention to risk management and government regulators. Let’s take a look at the likely highest risk areas and discuss a plan to mitigate them.
We all know that terminating an employee may lead to a charge of discrimination. But it can happen at the other end of the employment lifecycle, too – the hiring process.
While we do not know what the political shift brought about by the last election cycle will do with any degree of certainty, the popular perception is that we can expect increased regulatory scrutiny.
Though in the marketplace for more than 40 years, the DOWC is not widely well understood, often leading to misrepresentation and inaccurate information about the structural, financial, and tax attributes of this entity type.
The documents that dealers use every day can be a danger that can be triggered by various contingencies.
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