Pub. 5 2024 Issue 3

WVADA Preferred Partner Programs are designed to meet the needs of our members while providing competitive pricing. Supporting our Preferred Partners benefits YOUR association and helps maintain low dues for our membership. WVADA works for West Virginia Dealers, buying from our Preferred Partners is like buying from yourself.

Joe Holland Chevrolet & Imports (1) After 28 years of providing masterful F&I compliance services and management to the Joe Holland Chevrolet, Hyundai and Volkswagen team, Leisha Burgess becomes the 64th person to retire from Joe Holland. We’ll miss you, Leisha, and we wish you the best of luck. Thank you for such an outstanding

Auto dealerships are attractive targets for fraud and other cyber threats. Adopt the mindset of a tech-savvy criminal and it’s easy to see why — dealerships have sizable deposit balances, make frequent high-dollar transactions (i.e., ACH, checks and wire transfers), and have numerous employees who use systems with sensitive customer data. Dealer management systems contain

In-depth analysis of the current and historical trends of vehicle sales across the state of West Virginia.

If you have not already registered for the seminars, please do so as soon as possible. There are important updates to VRS concerning the integration of a new web-based hard plate system that will be discussed, as well as other information about vehicle titling, registration, transfer limitations and many more dealership titling and registration issues.

We’ve all heard the saying “Cash is King.” Have you considered the cash balance of your dealership may actually be costing you? If your working capital exceeds the manufacturer standards and debt covenant requirements, you may be paying unnecessary floorplan interest.

The particulars of any Letter of Intent, Definitive Purchase Agreement, Real Estate Purchase Agreement and ancillary documents are all subject to negotiation to fit each transaction’s unique situation. This will not be your typical issue of “Counselor’s Corner.” I will not be writing about distinct legal issues or updating you about burdensome laws and regulations.

Join us on Feb 20, 2025 for the VIP Charity Gala of the year that is sure to be fun and classy..