Newsletter & Article Archives

Welcome to your VADA newsletter archives! Below you will find links to many of the articles from previous editions of your newsletter. If you don’t see a specific article that you are searching for, contact us at 804.545.3024

Final Rule Requires Posting of NLRB Rights

December 23, 2013

UPDATE (January 2012):  NLRB Posting Requirement Delayed Again! The National Labor Relations Board (NLRB) has agreed to postpone the effective date of its employee rights notice-posting rule at the request of the federal court in Washington, D. C. hearing a legal challenge to the rule. The posting requirement was originally set for mid- November 2011 and was

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Three Little-Known Factoids that TEAM VADA Members Need to Know…

December 23, 2013

What you don’t know can hurt you! In the car business ignorance is not bliss!  Not knowing and benefitting from the challenges and troubles of your brother and sister auto dealers can only lead to you repeating their foibles and paying the price.  As frequent DealersEdge® Webinar contributor Steve Nickelsen says often, “You don’t know

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Dealer Certified Pre-Owened Cars

December 23, 2013

A leading industry publication recently published an article lauding the success of “certified pre-owned” programs of some large dealer groups. While some dealers may have great success with CPO programs, there are dangers inherent in any dealer-sponsored CPO plan.  Consumers view a “certified” pre-owned vehicle as something more than just a run of the mill used

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Dealer Processing Fee on Exercise of a Lease Purchase Option?

December 23, 2013

A customer who leases a vehicle generally has the option to purchase it. May a dealership charge a dealer processing fee to a customer who exercises that option? While dealers may have justification for doing so, the practice could lead to liability. Is it Authorized? The Consumer Leasing Act and its implementing rules in Regulation

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Generation Gap May Cause Workplace Conflicts

December 23, 2013

We as know, distinct differences often exist in the values held by members of a one generation compared to the values of a different generation.  Individuals experiencing the great depression have a different perspective than young employees who are comfortable paying for purchases with a smart phone.  Conflict between members of different generations exists in

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The Value of a VADA Partnership: An Interview with Zurich

December 23, 2013

Recently, we sat down with one of our Team VADA Program Partners to talk about the value of a Team VADA Partnership. Doug Avery is the F&I Executive Sales Manager for Virginia for Zurich, N.A.  So how is the relationship with VADA going?   Our partnership has exceeded my expectations in every way. The automotive dealers in

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Short Cuts March 2013

December 23, 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 Used Car Rule.  In effect since 1985 and last amended in 1995, the FTC has concluded that the Rule benefits consumers and will be retained.

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