The Road to ROI with F&I

The 5 Tips to Keep Up With Dealership Compliance

Posted by Vanguard Dealer Services on Jun 13, 2022 9:30:00 AM

How does your company meet its dealership compliance? Are you meeting the best market practices and trends? Dealerships need to stay compliant with the latest state and federal regulations. Here are ways a dealership can meet compliance to ensure its success.

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Topics: dealership compliance, F&I Compliance, dealership best practices

5 Ways to Keep your Dealership Compliant

Posted by Vanguard Dealer Services on May 16, 2022 9:30:00 AM

The automotive dealership has several state and federal laws that it must obey. These laws are intended to protect employees and consumers from questionable practices. Compliance with these laws is important for your business to avoid steep fines and penalties. Failure to comply can also cause huge reputational damage to your dealership. Here are a few ways to ensure that your dealership stays compliant.

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Topics: dealership compliance, Automotive dealership compliance, F&I Compliance

6 Practices to Stay Consistent with Deal Audits

Posted by Valentin P. Sanchez on Jan 31, 2022 10:00:00 AM

Compliance with various state and federal rules and regulations is a crucial requirement for any business to thrive. The automobile dealership industry is no exception to this.  One effective way to handle compliance in this business is through the implementation of deal audits.

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Topics: compliance, dealership compliance, F&I Compliance, dealer audits, Deal Audits

Keeping Your Dealership Compliant — The Complete Guide

Posted by Valentin P. Sanchez on Jan 3, 2022 9:00:00 AM

Change is inevitable in the dealership industry, and it is your responsibility to safeguard your bottom line. The first step is staying compliant with the latest federal and state regulations while your dealership keeps evolving and moving forward. However, finding viable strategies that do not scare away employees is not as easy as it seems.

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Topics: compliance, dealership compliance, F&I Compliance, dealer audits

How Does Your Dealership Benefit from Compliance Audits?

Posted by Valentin P. Sanchez on Nov 22, 2021 10:00:00 AM

There are several laws and regulations set by the federal and state governments to control automotive dealerships, and it can be stressful and straining for you to keep up with them all. You will not only be working on ensuring you keep up with all the required laws, but there is the challenge of knowing whether you are implementing them in a legally acceptable way. This is where compliance audits come in handy.

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Topics: compliance, dealership compliance, Automotive dealership compliance, F&I Compliance, dealer audits

How to Effectively Stay Consistent with Deal Audits

Posted by Valentin P. Sanchez on Nov 2, 2021 10:00:00 AM

The key objective for most managers in the automotive industry is to drive profits through the roof. As a result, competition has become intense, and the need for compliance with state and federal law has become necessary.

There are several ways to ensure compliance in your dealership without compromising the legality and expansion of its operations.

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Topics: compliance, dealership compliance, F&I Compliance, dealer audits

How Does Your Dealership Benefit from Compliance Audits?

Posted by Valentin P. Sanchez on Oct 1, 2021 10:00:00 AM

There are several laws and regulations set by the federal and state governments to control automotive dealerships, and it can be stressful and straining for you to keep up with them all. You will not only be working on ensuring you keep up with all the required laws, but there is the challenge of knowing whether you are implementing them in a legally acceptable way. This is where compliance audits come in handy.

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Topics: compliance, dealership compliance, F&I Compliance, dealer audits

Stay Consistent with Deal Audits: Tips for Staying Compliant

Posted by Valentin P. Sanchez on Sep 8, 2021 10:12:01 AM

Dealerships are under a lot of scrutiny these days. In order to comply with state and federal regulations, it's important that dealerships stay up-to-date on the latest laws. That being said, many dealerships fail to keep their compliance in check because they don't know how or where to start. Fortunately for you, we have compiled a list of tips that will help you stay compliant with new deals and regulations so your dealership can continue doing what it does best: helping customers find the perfect car!

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Topics: Auto Dealer Compliance Fines, F&I Compliance, dealer audits

How to Achieve a Compliance-Focused Dealership

Posted by Valentin P. Sanchez on Jun 22, 2021 1:50:40 PM

Nowadays, there are multiple state and federal regulations regarding automotive dealerships. These regulations' primary intent is to protect consumers as well as employees from unethical practices. 

You risk paying hefty fines and other consequences if you run afoul of these regulations, not to mention the damage to your reputation. Thus, the best thing to do is always ensure you maintain a dealership that adheres to state and federal regulations. Below are the top five ways of ensuring your dealership remains compliant.

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Topics: Auto Dealer Compliance Fines, compliance, Automotive dealership compliance, F&I Compliance

How to Keep Up with Dealership Compliance

Posted by Valentin P. Sanchez on Jun 1, 2021 10:15:53 AM

Dealership compliance is a vital consideration, especially after the creation of the Consumer Finance Protection Bureau. It is your job to keep up with numerous regulations, from marketing to F&I and inventory. Although it seems like a lot of work, these five strategies can help keep your dealership compliant.

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Topics: compliance, dealership compliance, Automotive dealership compliance, F&I Compliance

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