With the 2018 Washington Auto Show in the rear view mirror, WANADA will continue to offer educational opportunities to dealer member staff, with workshops coming soon on leadership training and on finance and insurance. Details are below.
“Battle-Proven Leadership Training with USMC Top Gun Pilot and Instructor David Berke” is scheduled for today, Feb. 22. The workshop will take place at the Westin Tysons Corner in Falls Church, VA. Call Kathy Teich at the WANADA office for information, (202) 237-7200, firstname.lastname@example.org.
F&I Certification workshop
The next workshop will be an F&I Certification Workshop on Tuesday, March 13, from 9 a.m. to 5:00 p.m., at WANADA headquarters, 5301 Wisconsin Ave., NW, Suite 210, Washington, DC. This comprehensive, popular seminar is once again put on by WANADA Kindred-line member, JM&A Group. The cost to attend it $199 per person for WANADA members.
WANADA’s F&I workshop is important to F&I professionals for many reasons. In today’s intense regulatory environment, dealership legal compliance has become a hot topic. Consumers have access to an abundance of information about dealership operations and the car buying process, and are quick to take legal action if they feel that they are not being treated properly. Additionally, federal regulators and state attorneys general are taking steps to ensure that automobile dealerships act in a legally compliant, transparent manner. So it is vital not only to understand the laws that affect dealerships, but also to learn how to conduct business in a way that complies with the law.
The laws to be covered in the session include to following: unfair and deceptive trade practices and fraud; currency transaction reporting; the Truth-in- Lending Act and Regulation Z; consumer leasing requirements and Regulation M; Equal Credit Opportunity Act and Regulation B; the Fair Credit Reporting Act; Gramm-Leach-Bliley Act; the Magnuson-Moss Warranty Act; the USA Patriot Act; and the Office of Foreign Assets Control (OFAC).
The workshop also touches on best practices and legal information specific to Maryland and Virginia.
Participants will take a multiple choice test at the end of the session and receive compliance certification upon passing it.
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