Forecast Calls for Compliance

By |2019-03-22T11:00:58-07:00March 22nd, 2019|Categories: Auto Industry Attorney, Automotive Economy, Automotive Trends, Federal Trade Commission|Tags: , , , , , , |

In the compliance world, it’s impossible to prepare for every possibility. However, you can look for trends and leanings and bet on outcomes. In preparing for 2019, here are some things you may want to consider. Federal Activity The Bureau of Consumer Financial Protection isn't going anywhere. Notwithstanding the change in leadership, the federal agency exists [...]

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Play by the Book

By |2019-03-22T10:49:15-07:00March 22nd, 2019|Categories: Auto Industry Attorney, Automotive Economy, Automotive Trends|Tags: , , , , , |

Most plaintiffs suing dealerships list as many violations as possible in the hope that at least one will stick. In a recent case, a car buyer alleged five violations in his complaint against the dealership where he bought and financed his car, and all five of them stuck. Keep reading to see all the things this [...]

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Mind the GAP

By |2019-03-22T09:57:09-07:00February 26th, 2019|Categories: Auto Industry Attorney, Automotive Economy, Automotive Trends|Tags: , , , , , |

GAP policies are often important to auto credit customers, especially those who can't afford to continue making payments when their cars are total losses and they are under water on the financing. They are also important to dealers, who have found it increasingly hard to make money without revenue from their finance and insurance departments. Many [...]

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Test Drive Liability: Dealers Beware

By |2018-07-17T00:42:27-07:00August 15th, 2016|Categories: Test Drive Liability|Tags: , , , , |

Who is liable when a customer negligently causes an accident during a test drive: the customer who actually caused the accident, or the dealer who merely allowed the customer to test drive the car? Last month, a Colorado Court of Appeal answered this question, unanimously finding that the dealer was responsible for the damage caused by the customer’s negligence. The case, American [...]

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The Cost of “Free” Advertising

By |2018-07-17T17:44:08-07:00March 8th, 2016|Categories: Automotive Economy, Automotive Trends|Tags: , , , , |

Published March 8, 2016, Dealer's Voice -There’s no such thing as a free lunch, right? In the world of business and selling cars, there is a whole lot of truth to this age-old adage. If a dealership isn’t careful about how it uses the word "free" in an advertisement, that ad could cost it a lot more [...]

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