compliance missteps can affect a dealership's bottom line

The Financial Impact of Non-Compliance

There’s a reason that compliance looms large for auto dealers – and it has everything to do with the bottom line. Failing to establish and follow consistent compliance practices can cost a dealership in…

7 Features Your Compliance Software Should Have

With the constant threat of audits, fines and lawsuits, every dealership must take compliance seriously. Fortunately, there are cost savings to be found in integrating finance and sales flow compliance functions. Here are seven…

F&I Compliance Tip: Red Flags Rule

Designed to prevent your dealership from becoming a victim of identity fraud, the “Red Flags Rule” requires your dealership to develop and implement a program to detect, prevent, and mitigate identity theft.

3 Things to Know About Risk-Based Pricing Notices

Many of your dealership’s compliance responsibilities are designed to inform and protect consumers as they make financial decisions. That is definitely the case for the Federal Trade Commission’s Risk-Based Pricing Rule of the Fair…

staying compliant when working remotely

Staying Compliant While Working Remotely

Staying Compliant While Working Remotely The rapidly changing circumstances around the COVID-19 pandemic forced dealerships to adapt quickly. In areas where shelter-in-place or stay-at-home orders led to closed showrooms, some dealership personnel even relocated…

F&I selling compliance

5 Compliance Tips for F&I Selling

As dealerships look for ways to counter shrinking profit margins, F&I product sales are one of the revenue sources they turn to. Cox Automotive 2022 Car Buyer Journey research shows that 67% of car…

dealership compliance

New in Compliance for 2020

The regulatory landscape changes every year, so staying compliant with all of the laws and regulations that apply to your dealership can be a challenge. But if you don’t stay on top of it,…