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Industry Press Releases

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* The Recruiter* Episode 3 Law of Diminishing Return

* The Recruiter* Episode 3 Law of Diminishing Return

When do you hire and how many? what are you basing your decision on? Don't decide by how many desks you have or that's what you normally run with. …

Lenders must lend or drivers won't drive

Lenders must lend or drivers won't drive

In my opinion, sub prime customers are being considered more risky by the lenders that once targeted them. Even traditional co-signers are proving not to b…

4 Reasons to Improve CRM Utilization in 2017

4 Reasons to Improve CRM Utilization in 2017

Yes, dealers are creating a tremendous amount of data. The problem is, most of it is junk. Data is like this 1958 Tops Baseball Card complete set. You have…

Your Car Repair Shop Should Appeal To Parents Whether It is At a Dealership or Privately Owned

Your Car Repair Shop Should Appeal To Parents Whether It is At a Dealership or Privately Owned

Running an auto repair means that you have to take care of all kinds of details including scheduling, discipline, and customer service. Giving a customer t…

6 more reasons why we MUST move Techs to $40 to $50 an hour soon

6 more reasons why we MUST move Techs to $40 to $50 an hour soon

If you have followed my published articles in the past about retaining Techs (based on being a former dealership Fixed Ops Manager and my 17 years of r…

Automotive Compliance Consultants to Help Auto Dealers Avoid Pitfalls to Secure F&I Compliance via October 24 Webinar

CRYSTAL LAKE, IL, Oct. 15, 2013 – Automotive Compliance Consultants said today that given the era’s new focus on F&I practices, its DealersEdge webinar Oct. 24 is designed to provide auto dealers with tips for ensuring compliant F&I practices.

The dealership F&I department is regulated by 10 different federal requirements. The dealership must comply with each of these. They regulate everything from cost of credit disclosure to how dealerships report large cash purchases to how they are to protect consumer information.

This webinar by Automotive Compliance Consultants CEO Terry Dortch, How to Self- Audit Your Own F&I Process and Compliance, will help auto dealers learn:

  • Why written F&I policies are important and what they should include
  • Why the F&I menu tool is more than a selling tool
  • What F&I documents have to be retained and for how long
  • Plus, a review of 10 federal regulations that every F&I office must comply with to protect consumer information and the dealership from misuse

“Given regulators’, auditors’ and plaintiff attorneys’ focus on car dealer practices, keeping the F&I practice in compliance is a must – and absolutely one of the areas where what a dealer doesn’t know about or think is important can hurt them badly,” Dortch notes.

Click here for more information and to sign up.

Automotive Compliance Consultants specializes in dealership compliance, providing in-dealership consultations and analysis, compliance audits and training, and offers solutions for all compliance needs. The Automotive Compliance Consultants staff has extensive experience in the retail automotive industry and focuses exclusively on dealership compliance issues.

For more information, contact Terry Dortch at terry_dortch@compliantnow.com or visit www.compliantnow.com.

 

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