Andy's TIADA Success Story
Promoting Compliance and
Collaboration for Crown Auto
(Spring)
CASE STUDY
Resourceful Coupons: TIADA's Auction App coupons provide tangible
savings at the auto auctions in Texas, allowing Crown Auto to manage
operational costs more efficiently.
Navigating Regulations: TIADA's newsletters and available compliance
phone support prove indispensable in addressing regulatory queries and
staying updated on industry standards, particularly in an ever-changing
compliance and regulatory landscape.
Guidance in Compliance Matters: While Crown Auto never faced
lawsuits, TIADA's compliance resources came to the rescue when dealing
with customer threats. A consultation with Michael Dunagan reassured
the dealership of its state compliance, alleviating concerns and potential
compliance repercussions.
In 2017, inspired by other dealers' endorsements, Andy Singh decided to
align Crown Auto with TIADA. The decision proved valuable over time.
Specific contributions from the dealership's TIADA membership include:
1.
2.
3.
S O L U T I O N S
"TIADA's guidance on
compliance and
compliance issues, as
well as their annual
conference and expo,
offer great
opportunities to learn
and to make sure we
are following all state
laws.”
R E S U L T S
Regulatory Adherence: TIADA's resources facilitated Crown Auto's
ability to navigate regulations and compliance, avoiding penalties and
fines, which ultimately reflected in the dealership's clean compliance
record.
Compliance Preparedness: TIADA's compliance assistance provided
peace of mind to Crown Auto, averting potential compliance challenges
and maintaining the dealership's reputation for ethical practices.
Industry Engagement: The dealership's participation in TIADA's events
fostered connections within the independent dealer community,
facilitating knowledge sharing and industry insight.
Crown Auto's membership with TIADA has transformed its operational
landscape and positioned the dealership for sustained success.
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2.
3.
Andy Singh
Crown Auto
TIADA Member Since: 2017
Number of Staff: 3
Units Sold Per Month: 9
AT A GLANCE:
CROWN AUTO
Crown Auto, a modest used car dealership situated in Spring,
Texas, faced its share of hurdles in a competitive market. With
monthly sales averaging around 8 cars and a small team of 3
staff members, Crown Auto sought ways to amplify its
operations and address regulatory concerns without straining
resources. Crown Auto has faced some compliance concerns
over the years in a shifting regulatory landscape, both in Texas
and at the federal level.
C H A L L E N G E S