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Wowwow…Dealer Wins Fees & Costs in Arbitration

In a decisive victory against Auto Fraud Legal Center (Hawk Berry, Josh Green), Auto Legal Group (ALG) proved that a buyer’s claim of verbal misrepresentation was brought in bad faith. Not only was the case dismissed, but the dealer was also awarded its attorney’s fees and costs — a rare and powerful outcome in arbitration. […]

Best Practices for Buying Cars at the Auction

Are you a car dealer looking for the best way to buy cars at the auction? With so many auctions available, it can be overwhelming and difficult to know what methods are proven to get you the most value for your money. To ensure that you make smart investments when buying cars from auctions, it […]

Shift in Lending Strategy: Financial Group Discontinues Indirect Auto Loans

Restructuring Priorities: A Strategic Move Towards Direct Auto Financing Optimizing the Balance Sheet and Relationship-based Lending Citizens Financial Group recently made an important announcement, revealing its decision to cease originating indirect auto loans effective July 1, 2023. This strategic move is part of the group’s overarching strategy to optimize its balance sheet and place greater […]

Unmasking the Fog Around Smog

The SMOG laws in California require that all vehicles be inspected and certified to meet certain emissions standards before they can be registered or sold in the state. This requirement applies to both new and used vehicles, including those sold by dealerships. For car dealerships specifically, they are required to have all vehicles they sell […]

Accumulation of Electric Vehicles at Dealerships: Unraveling the Impact of Subsidies

Exploring the Surprising Inventory Buildup and its Relationship to Government Support for EVs In a surprising move, Ford Motor recently made headlines by announcing significant price reductions for its electric vehicle (EV) lineup. The company’s flagship electric truck, the F-150 Lightning, saw its price drop from $59,974 to $49,995. While Ford attributes this price cut […]

Fraudulent Car Purchases Increasing in 2023

According to AutoNews.com, in 2023, car dealerships face an ever-increasing threat of fraud. Unscrupulous buyers are increasingly exploiting loopholes in the system by using fake IDs and other false documents to commit car fraud. This growing problem is putting car dealerships at risk of financial losses, legal action, and reputational damage. As part of successfully counteracting […]