One of the biggest threats to dealership compliance is inside the showroom. That’s right: your employees. Some studies claim that a majority of data breaches are caused by workers, a sobering statistic that may…
Adverse Action Notices: F&I Compliance Tip
An “adverse action” is, basically, a refusal to grant credit, the termination of an account, or the changing of an account’s terms in a manner unfavorable to the consumer — such as unwinding a spot delivery…
Dealertrack Cuts the Ribbon on New Headquarters
From the way it stands to how it symbolizes the strength of the brand and our principles of innovation and community…we’re quite proud of our new HQ.
May the 4th (and Force) Be With You: Four Ways Auto Retail is Kind of Like Star Wars
There may not be light sabers involved (one hopes), but when it comes to Star Wars and the technology that drives auto retail, we can make a few fun comparables.
2017 Compliance Guide: Data Safeguards and Identity Theft Protection
Identity theft and data breaches continue to be a serious and ongoing issue for consumers and businesses — especially dealerships.
2017 Compliance Guide: What’s Next for Auto Dealers
Establishing a culture of compliance, data security, transparency, and honesty with customers is critical to protecting your dealership.
The 2017 Dealertrack Compliance Guide
For 12 years, it has been the unrivaled reference on all things Compliance, written for dealers and staff to use on a daily basis and designed to protect their dealership from audits, fines and consumer fraud.
F&I Compliance Tip: Recordkeeping and the Destruction of Records
Staying compliant with State and Federal regulations means more than red flags and adverse action notices. In fact, there are federal laws and regulations regarding company records around vehicle sales, leases, F&I documents, and more.
Five Questions to Ask About Your Compliance Program
An integrated solution just may be the answer to reduce the cost and hassle of F&I compliance.
F&I Compliance Tip: Save and Store Your Pencils
In terms of compliance, saving pencils matters because it guards against misunderstanding and is helpful in terms of showing an auditor, regulator, or plaintiff’s attorney how a deal progressed.
F&I Compliance Tip: Monitor Dealership Activity
In order to maintain compliance, dealership management must be prepared and proactive, with comprehensive training and real-time monitoring.
F&I Compliance Tip: Properly Disclose Aftermarket Products
Consistency is the key to creating the type of experience that meets compliance standards and helps to create an environment of trust and credibility.