Ken Hill’s Post

Dealers today don't just need to do the right thing with regards to compliance, they need to PROVE they did the right thing. In this episode of The Drive with Jason, John Warner details how 700Credit's suite of products provides dealers with peace-of-mind by automating the compliance process, as he and host Jason Harris cruise through Las Vegas in sharp 700Credit-orange shirts! Watch the full interview here! 👉 https://lnkd.in/gTvCjRsn #Compliance #DealershipCompliance #AutoSales #AutoDealers National Automobile Dealers Association (NADA)

DEALERS: How do you validate driver's licenses and identities at your dealership? 700Credit wants to hear from you! Please click here to take our 2 minute survey! 👉 https://lnkd.in/gc3AGDNf #autodealers #fraudprevention

🔴 The Fate of Dealer Fees Under the CARS Rule 🚗⚖️ In this video, Jim Ganther discusses the significant impact the FTC’s CARS Rule will have on dealer fees and compliance costs. Key Points: Dealer Fees at Risk: The CARS Rule would eliminate dealer fees such as doc fees and pre-sale prep unless they are included in the advertised price. Compliance Costs: Complying with the CARS Rule and other regulations is costly, and it is reasonable for dealers to recover these costs. Pricing Challenges: The rule requires all fees to be part of the Offering Price, potentially complicating the transaction process and paperwork. Why This Matters: The potential elimination of dealer fees could significantly affect dealership profitability and operations. It's crucial to understand and prepare for these changes. Watch the Full Keynote for More Insights: Gain a deeper understanding of these issues and how they may impact your business by watching the full keynote. 👉 Watch the Full Keynote: https://lnkd.in/eqBcTeHq Stay informed and compliant with Mosaic Compliance Services. #CARSRule #FTC #AutomotiveCompliance #DealerFees #RegulatoryUpdates #JimGanther #Dealerships #AutoIndustry #MosaicComplianceServices

Worth saying again... Sell the problem you solve, not the product. Negative equity is a problem for both consumers and dealers. Fortunately, we have a solution, and it costs the dealer nothing! Not only can you help your customers improve their equity position and pay off their loans faster (ultimately allowing you to trade your customers out quicker), you can also increase your backend profit and sell more product. Reach out to any of our team members at Automotive Assurance Group to learn more and become part of the solution today. Steve Weir Marshall Daniels Cody Powell Gregory Willard Sam Rainey Niki Hensel Jessica Smith, CPFS Nick D'Amico #automotive #automotivedealer #dealershiplife #automotiveaftermarket

Effective this year, the clean vehicle credit can be transferred directly to dealerships for either a cash payment, a partial payment, or a down payment for the purchase of the vehicle. We share what dealerships should know about the new reporting requirements. #CleanVehicleCredit #Dealership

Effective this year, the clean vehicle credit can be transferred directly to dealerships for either a cash payment, a partial payment, or a down payment for the purchase of the vehicle. We share what dealerships should know about the new reporting requirements. #CleanVehicleCredit #Dealership

Effective this year, the clean vehicle credit can be transferred directly to dealerships for either a cash payment, a partial payment, or a down payment for the purchase of the vehicle. We share what dealerships should know about the new reporting requirements. #CleanVehicleCredit #Dealership

You may have read about #SocialInflation, but are you aware of the magnitude of loss it could cause for your dealership with increasingly large claims settlements and jury awards? Find out more about this pressing topic as well as other factors influencing large loss risks for auto dealerships. https://lnkd.in/gxuNsXdb #auto

✅ Check out Glo3D's latest article in MidAtlantic Independent Automobile Dealers Association Magazine, "Financial Management in Car Dealerships: Four Essential Tips," to gain insights on driving profitability and financial efficiency. https://lnkd.in/gxmxsfqY 🖱 Click below to read the full article: https://lnkd.in/eAfwWYwF #CarDealershipManagement #FinancialManagement #Glo3D

DEALERS: How do you validate driver's licenses and identities at your dealership? We want to hear from you! Click here to take our 2 minute survey! 👉 https://lnkd.in/gc3AGDNf #autodealers #fraudprevention