OFFICIAL PUBLICATION OF THE WEST VIRGINIA AUTOMOBILE DEALERS ASSOCIATION

Pub. 5 2024 Issue 1

Structure Reinsurance To Get the Most From Your Warranty Programs

Tailwinds in the auto retailing business continue to provide resources for dealers to build out programs that strengthen their business model and deliver more value to customers. Properly structured and managed finance and insurance (F&I) reinsurance programs are an example of programs that can deliver a steady boost to dealer financial performance. While dealers need

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By the Numbers – Estate Tax Exemption

Is Now the Right Time to Gift?

The Tax Cuts and Jobs Act of 2017 more than doubled the lifetime estate tax exemption, increasing from $5.6 million for individuals and $11.8 million for married couples to an inflation-adjusted $13.61 million for individuals and $27.22 million for married couples in 2024. Unless Congress acts, this legislation will expire on Jan. 1, 2026, and

By the Numbers – Estate Tax Exemption

Is Now the Right Time to Gift?

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Counselor’s Corner – West Virginia Franchise Law Strengthened

Happy spring, everyone. I hope everyone is excited to come out of the cloudy and cold winter and look forward to the sun and warmth. Sounds like the car-buying season. Great news: For the second time in three years, the West Virginia Dealers Association has been successful in obtaining significant changes to your franchise law.

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Cross-Sell Is Now a WVADA Preferred Partner

Dear WVADA Members, On behalf of the WVADA staff, we are very excited to announce a new strategic partnership with Cross-Sell, an industry leader in automotive market data and reporting. After many years of WVADA providing subscription vehicle registration data to WVADA members, WVADA is now partnering with Cross-Sell to serve our members’ needs in

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