Access Area Sales Data Via WANADA Website
One benefit of being a WANADA member is access to monthly and quarterly sales information. WANADA purchases this information from R.L. Polk for use by its members. If you or your team are not accessing this data, here is a reminder of how to access it: Visit wanada.org. Hover your cursor over the “Membership” tab, […]
Read MoreFrom Wards: Used Car Leasing Gaining Traction
Wards Auto recently ran an interesting article on the growing trend of used car leasing. Seeing it as a potential benefit to WANADA’s members, we have reprinted in full below. Credit to author Steve Finlay and the Wards Auto team. ### Today’s high vehicle prices are juicing up an idea that hadn’t previously garnered much […]
Read More2023 WANADA Open Rescheduled Due to Inclement Weather
Threats of lightning in the vicinity of the Trump National Golf Club in Sterling, VA caused the 2023 WANADA Open to be rescheduled. The tournament is now slated for Monday, September 25, 2023. All registrations and sponsorships will be honored for the new date. Mark your calendars today and stay tuned for additional relevant details. […]
Read MoreUpdates from NADA Chairman Geoff Pohanka
WANADA is very fortunate to have Geoff Pohanka, one of our distinguished members and former chairmen, serving as the current chairman of the National Automobile Dealers Association (NADA). Below is a detailed missive from Mr. Pohanka outlining NADA’s current priorities, including updates and links with more information. FTC Vehicle Shopping Rule The big picture: The […]
Read MoreFrom MADA: Additional Guidance on Excise Tax Credits
Last month our friends at MADA relayed additional guidance from the MVA on excise tax credits: A vehicle base purchase price exceeding $50,000 – even if the total purchase price is lower than $50,000 – will not quality for the EV excise tax rebate. *The vehicle base purchase price means the Standard Vehicle Price as printed on […]
Read MoreHelpful Reminders from the Virginia Motor Vehicle Dealer Board
For all Virginia dealers, it is important to remember that the Virginia Motor Vehicle Board (MVDB) oversees most dealer compliance issues. This is to the advantage of the industry since this is essentially a highly organized and effective self-policing body. To ensure MVDB can communicate promptly with Dealers, and that you receive all the MVDB […]
Read MoreFrom CBM: How to Detect and Prevent Fraud in Your Auto Dealership
Last month Keith Laudenberger, a partner at accounting firm Councillor Buchanan & Mitchell, penned a very helpful article on steps dealerships can take to help prevent fraud. It has been reprinted below in full for reference. ### The digital age has revolutionized the car-buying experience but has also opened the door to a new wave […]
Read More2023 WANADA Open Rescheduled Due to Inclement Weather
Threats of lightning in the vicinity of the Trump National Golf Club in Sterling, VA caused the 2023 WANADA Open to be rescheduled. The tournament is now slated for Monday, September 25, 2023. All registrations and sponsorships will be honored for the new date. Mark your calendars today and stay tuned for additional relevant details.
Read MoreDealers Back in the District as Polestar Opens DC Location
When the Martens family exited the local car business nearly a decade ago, the last franchise physically situated within the District of Columbia exited with them. With DARCARS bringing a new Polestar retail outlet back into DC last month, that’s now all changed. DC Mayor Muriel Bowser, who was present at the store’s grand opening […]
Read MoreArea Theft & Fraud Updates
Law enforcement agencies and communities across the United States continue to be plagued by record and near-record levels of vehicular crime as monthly theft totals nationwide consistently exceeded 75,000 in 2022. According to new analysis conducted by the National Insurance Crime Bureau (NICB), the insurance industry’s association dedicated to predicting, preventing, and prosecuting insurance crime, […]
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