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  Keith Whann
  9:43 am on March 11, 2010 Permalink | Log in to leave a Comment
  Tags: FTC sticker, keith whann (244), the car counselor (70), warranties, window sticker   

  From my Auttr messages this morning: Keith, a quick question for the Car Counselor: Can the copy of the FTC Sticker be used as the warranty document I give to the customer or do I need something else? Isn’t there another law that applies?

  No, you cannot use the FTC Sicker for that purpose. The Magnuson-Moss Warranty Act covers written warranties and requires manufacturers and sellers of consumer products to provide consumers with detailed information about the warranty coverage for those products. The Act requires the written warranty to disclose: specific information, clearly and conspicuously, in a single document, using simple and readily understood language

   

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• 

  James Mitchell
  5:57 am on March 11, 2010 Permalink | Log in to leave a Comment
  Tags: BHPH, Buy Here Pay Here, Jim Mitchell (17), keith whann (244), ohiada (10), OIADA (32), the car counselor (70)   

  OIADA 2K10 SEMINAR #3 BHPH SEMINAR ABOUT… 

  OIADA 2K10 SEMINAR #3 – BHPH                                                   Our presenter, Keith Whann has been working with BHPH dealers on all facets of their business, from start-up and capitalization to handling repossessions and establishing a related finance company since 1987.  Keith (aka The Car Counselor) worked with the IRS in establishing the Audit Technique Guide for our industry and represented dealers across the nation  and the interests of the industry as a whole for more than 25 years.

  AGENDA

  WHEN: March 17, 2010
  WHERE: Columbus Fair Auto Auction
  TIME: 2:00 PM – 5:00 PM

  * Starting a BHPH program
  * Forms Compliance
  * An in depth analysis of the laws governing BHPH Dealers
  * How to form a related finance company – possible tax benefits
  * Assignment of receivables
  * IRS regulations
  * GPS & Starter Interrupt devices
  * Lease to own Programs
  * Collection and Repossession Issues                                               Plus discussions on any related topics of interest

  Because of the complexities and the various topics of interest this Seminar may be a two part series. Register today to attend this BHPH session by contacting Christine White @ 614-863-5800 or simply send a return email to me.  I look forward to seeing all of you at the seminar and if you have any questions please don’t hesitate to contact me personally.

  James R. Mitchell, OIADA Executive Director                                   Office: 614-863-5800 – Cell: 614-436-3393

  Keith Whann is discussing. Toggle Comments

   
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    Keith Whann 9:44 am on March 11, 2010 Permalink | Log in to Reply

    Jim: This should be quite a day! I am looking forward to the session, it has been a while since we have done something on BHPH. Keith

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    Keith Whann 9:46 am on March 11, 2010 Permalink | Log in to Reply

    Just got a call from a non-dealer (lender) asking if they can attend. Perhaps a reminder that the seminar is open to all might be in order.

• Columbus Finance
  7:41 am on March 10, 2010 Permalink | Log in to leave a Comment  

  Thanks to all of our dealers for a record breaking February. We appreciate your business! – From everyone at Columbus Finance Inc.

   
• 

  Steve Micotto-Columbus Fair Auto Auction
  12:13 pm on March 9, 2010 Permalink | Log in to leave a Comment
  Tags: Hyundai Sale (2)   

  Hyundai Sale Hyundai Santa Fe Promo

  

  Santa Fe Promo.... Buy 2 or more Santa Fe Units receive $200.00 in Transportation Assistance for Each Unit ....Checks will be mailed to dealership ...... Internet Included. ..... Hope to see you there.....

   
• 

  Greg Krivicich
  6:32 am on March 9, 2010 Permalink | Log in to leave a Comment
  Tags: advertising (3), marketing (2), website (2)   

  US advertisers to spend more on digital than print 

  US companies will spend more this year on digital and online advertising and marketing than on print for the first time ever, according to a study released on Monday. Companies will spend 119.6 billion dollars on online and digital strategies and 111.5 billion dollars on newspaper and magazine advertisements and other print campaigns, according to the study by California-based Outsell.

  (More …)

   
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  L.J. Marhefka
  10:14 pm on March 8, 2010 Permalink | Log in to leave a Comment
  Tags: New Dork State of Mind - Funny Video   

  YouTube Video 

  Megan Markert is discussing. Toggle Comments

   
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    Megan Markert 12:16 pm on March 10, 2010 Permalink | Log in to Reply

    I love it!!

• 

  Keith Whann
  4:07 pm on March 8, 2010 Permalink | Log in to leave a Comment
  Tags: keith whann (244), the car counselor (70), toyota (12), toyota recall (9)   

  Lawmakers Want Toyota to Provide Proof of its Testing Claims

  Toyota Motor Corp. has failed to provide congressional investigators with documents to support the company’s contention that its tests have shown no link between electronic defects and unwanted acceleration in its vehicles, two senior lawmakers say. Reps. Henry Waxman, chairman of the House Energy and Commerce Committee, and Bart Stupak, chairman of the committee’s oversight panel, asked Toyota today to produce employees with direct knowledge of the company’s testing efforts so the employees can be interviewed next week.

  “Despite our repeated requests, the record before the committee is most notable for what is missing: the absence of documents showing that Toyota has systematically investigated the possibility of electronic defects that could cause sudden unintended acceleration,” said today’s letter from Waxman, D-Calif., and Stupak, D-Mich. (More …)

   
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  Keith Whann
  4:04 pm on March 8, 2010 Permalink | Log in to leave a Comment
  Tags: dealership terminations, general motors (6), gm (5), keith whann (244), the car counselor (70)   

  GM Seeks to Reinstate 661 Rejected Dealerships

  General Motors said it plans to reinstate 661 of the 1,160 rejected dealerships that applied for arbitration to get their franchises back, scrapping a nine-month plan to reduce its showroom network by 40 percent. The decision to begin settlement procedures as early as next week stemmed from a desire to avoid the rigors of congressionally mandated arbitration, GM executives said.

  Letters of intent are scheduled to start going out as early as Wednesday, March 10. The process could take just a few weeks for some dealers and as long as several months for others, they said. GM hopes to have the effort completed by mid-summer. “By doing this we save a lot of time and energy and dollars,” Jim Bunnell, GM’s general manager of dealer network support, said during a conference call with reporters. Susan Docherty, GM’s U.S. marketing chief, said the company decided “it would have been impossible to arbitrate 1,100 cases in a 120-day period.” (More …)

   
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  James Mitchell
  12:41 pm on March 8, 2010 Permalink | Log in to leave a Comment
  Tags: james mitchell (5), keith whann (244), ohiada (10), ohio dealer association (7), OIADA (32)   

  TO ALL MEMBERS OF OIADA: Many of you hav… 

  TO ALL MEMBERS OF OIADA:

  Many of you have expressed concern about the price you were being charged for pulling a credit report and you have asked me to see if we could put a program together for all the members that may decrease your cost. Some of you are paying a monthly fee, a sign up fee and then on top of all of those fees, you are being charged from $5.00 to $7.00 per credit report. Well stop what you are doing unless you have money to burn.

  We listened and understood your needs and then we put a new Preferred Partner Program together that is being launched today. I contacted our friends at Micro 21 and wait until you read this. There is NO SIGN UP FEE and the most you will pay is……well, read what Norm Into from Micro 21 just sent to me and then get signed up right away so that you can start saving money NOW.  Don’t Get Burned on CREDIT BUREAU ACCESS! (More …)

   
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  kyle
  10:48 am on March 8, 2010 Permalink | Log in to leave a Comment  

  New NIADA Certified Program 

  Recently I had a dealer ask what is the biggest selling feature, for a) dealers to want to use it and b) for customers who want to buy a certified car?

  A) For the dealers, it’s the fact that the program is fully insured by an “A” rated company and the insurance company will issue a policy directly to the dealership. Also gives the dealer a higher resale value and allows them to raise their gross monthly profits. In addition, there is no cost to sign up on the program.

  B) For the consumer, its allowing them to buy the car with confidence knowing that the car has passed an inspection of its mechanical functions and passed (with any needed repairs). Also gives the customer a peace of mind and sense of security when leaving the dealership.