WANADA is Helping Our Members During the COVID-19 Crisis

During this time of unprecedented uncertainty for businesses of all sizes, WANADA is committed to doing everything possible to support our members during this crisis.

With that top of mind, WANADA is offering a no-interest deferral on two months of dental premiums for those who have dental coverage through the organization’s Insurance and Benefits Trust. Dental insurance clients will have the ability to defer their premiums for May and June, and pay them back in six monthly installments between July and December 2020. Please contact Ed Mullaney at em@wanada.org if you have any questions about this offer.

WANADA is waiving all tuition costs for participants in the Automobile Dealer Education Institute for the spring 2020 semester. This is designed to ensure that students whose coursework and in-person instruction schedules have been upended by COVID-19 are held harmless for the impact COVID-19 has had on the program.

WANADA is also offering complimentary legal resources for dealer members and WANADA insurance clients, through our friends at the law firm Offit Kurman. Their attorneys will provide qualified dealer members or insurance clients with up to two hours of free consultation related to state and federal policy changes, employment-related matters, or unemployment insurance guidance. Please contact Joe Koch (jk@wanada.org) for more information about this offer.

WANADA will also be doing a two-week television ad buy promoting our dealer members, and emphasizing the fact that our members are continuing to provide essential sales and repair services during the COVID-19 pandemic. The ads will run on local broadcast stations and local cable in the Washington area beginning next week.

And as always, WANADA is continuously updating its robust COVID-19 Information Library, which is full of the latest and most pertinent information relevant to small business owners and employees from across the region. Among the many resources featured on the WANADA website are links to webinars and other tools that are of interest to member dealers and suppliers during this difficult time.

We would also like to note that participants in NADA’s 401(k) program can now take hardship withdrawals without penalty through the end of 2020, as mandated by the CARES Act. NADA has also produced a helpful guide for participants in the association’s retirement plan that outlines new hardship benefits available to them.

WANADA stands with all our member dealers, suppliers, and insurance clients, and we will continue providing all of them with high-quality service and guidance long after this pandemic passes.

Download Bulletin PDF