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Line 1 Is Not a Junk Drawer
Rolling products into the cash price — even if the bank told you to — misrepresents the vehicle’s value and runs afoul of four federal laws.
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F&I Showroom Magazine
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SEARCHMENUSEARCHRolling products into the cash price — even if the bank told you to — misrepresents the vehicle’s value and runs afoul of four federal laws.
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Oklahoma became the latest state to put the brakes on TrueCar, with the state’s motor vehicle commission deeming the service in violation of the state’s dealer licensing laws.
Read More →California State Assembly Member Mike Feuer (D–Los Angeles) and State Sen. Ted W. Lieu (D–Torrance) have proposed legislation that would introduce new rules designed to “rein in abusive practices” of buy here, pay here dealers statewide.
Read More →The Virginia motor vehicle dealer board ruled yesterday that TrueCar’s business model is in violation of the state’s dealer licensing laws, which prohibit third-party services from acting on behalf of the dealer in the sale of a motor vehicle.
Read More →President Obama appointed Richard Cordray as director of the Consumer Financial Protection Bureau yesterday.
Read More →Automotive Compliance Consultants added 50 new dealership clients in the last six months and experienced a 12 percent increase in business last year.
Read More →RouteOne LLC announced that dealers using its eContracting solution can now use the Apple iPad or Android tablet as an alternate signature-capturing device for signing eDocuments.
Read More →Dynamique Auto Dealer Solutions Inc. announced further integration of its DMS-Sales Edition, a cloud-based dealer management system, with Carfax’s vehicle history reports, Black Book’s vehicle valuation data and Chrome’s VIN lookup and trim information.
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iTapMenu announced the launch of its web-based sales presentation tool for the Apple iPad.
Read More →After hitting an impasse with auto industry skeptics, TrueCar is facing another setback. The embattled company and its dealers were notified by the Colorado Department of Revenue that they could be in violation of five of the state’s advertising rules.
Read More →Experian Automotive launched a new app for Android and iPhone devices that provides used-car buyers with access to the company’s vehicle history reports.
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