If a customer must stretch to come up with a downpayment by using a credit card or a hold check, does that pose a risk for your dealership? Apparently more
Uncategorized
The Blind Leading the Sighted
What do you call it when people who know little about an industry insist on telling those who know a lot how the industry should operate? In the federal government,
Short Cuts March 2013
FTC Requests Public Comments on Used Car Rule Revisions On December 4, 2012, the FTC sought public comment on proposed changes to the Used Car Buyers Guide required by the
Credit Card Surcharges
In recent weeks, dealers have been excited by the news headlines that businesses can begin surcharging their customers for credit card purchases. Credit card issuer rules have always been a
Trust but Verify
When asked for the one piece of advice to give to a dealer on franchise relations, President Ronald Reagan’s often repeated phrase that characterized his relations with the Soviet Union
Lucky 13 in ’13
Oh, what a difference a few years make. In late 2008, many auto pundits lamented that we might never again see sixteen million annual new vehicle sales. Proving that their
Federal Government Update
“WE’RE FROM THE GOVERNMENT … AND WE CONTINUE TO HELP!” Employee versus Independent Contractor We have written frequently about classifying workers as independent contractors. The government wants people who work
Government Shortcuts
Federal Update • The Consumer Financial Protection Bureau has issued regulations revising the summary of Consumer Rights Form that must be used by employers who do background checks. Under
Regulatory Updates
VADA Navigates the Virginia Regulatory Maze for Virginia Dealers VADA is involved in many types of issues outside the legislative process that could have negative impacts on our dealer members.
Health Care Reform Update 2013
Required Notices to Employees and Dependents Please contact your carrier or employment law attorney or trusted benefit advisor if you have questions about these notices. VADA Insurance is here to