Archive June 2020

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Important: Annual MVSF License Renewal Changes

If you hold a motor vehicle sales finance license issued by the Texas Office of Consumer Credit Commissioner . . .

Manheim Introduces In-Lane Bidding At Two Texas Locations

Since early in the pandemic, Manheim auctions have been running Simulcast-only. 

Joint Effort Stops Bad Bill For Independent Dealers

In a recent update published by NIADA, a bill that would have negatively impacted California’s auto finance industry . . .

Paycheck Protection Program Flexibility Act & What This Means For Forgivable PPP Loans

The Paycheck Protection Program Flexibility Act, a bipartisan bill that gives small businesses more time . . .

500 Reasons to File SIT on Time

Due to the pandemic, TIADA has seen an increase in calls regarding penalties for . . .

8 Easy-to-Follow Tips for a Successful Car Sales Negotiation

A successful car sales negotiation has only one outcome: you and your customer both walk away happy. 

TIADA Releases New Disclosure Form In Effort To Protect Dealers

If I sell a vehicle "as is", does that remove or eliminate any risk of being sued by a customer?

Thinking About Hail Coverage For Your Inventory? Here Are A Few Things To Consider

Recently, TIADA heard from a few dealers whose vehicles were damaged due to a hail storm that passed through portions of Texas.

Special Pricing For Online Sales Can Lead To Trouble

With more dealerships working to beef up their internet sales during the pandemic . . .

Riots and Looting: Is My Dealership Covered?

Recently one of my dealers opened our conversation with ‘I feel as if I get up in a new world every day!’