the Front Row - August 2024 (Teaser)

Page 1


THE FRONT ROW

What’s happening at Manheim Seattle in August .

August 1st -28th

On Wednesdays

Join us at our weekly sale on Wednesday’s in collecting donations for the local Boys and Girls Club. These donations will provide local children the opportunity to achieve their full potential.

Donations can be made at the auction or by scanning this QR code and choosing Manheim Seattle

Visit our booth at the WSIADA Education Fair West on Thursday, August 29th, Double Tree by Hilton. Whether you’re new to the business or a seasoned pro, our goal is simple: to make you and your business more successful –Because Our Mission Is Yours.

THE FRONT ROW

The official magazine of the WASHINGTON STATE Independent Auto Dealers Association 707 Auburn Way South | Auburn, WA 98002 T: 253-735-0267 staff@wsiada.com | WSIADA.COM

EXECUTIVE BOARD

Badie Darwazeh, Board President Seattle Auto Haus | President@wsiada.com

Randy Fletcher, Board Vice-President In-N-Out Auto Sales | VPresident@wsiada.com

Emil Scarsella, Board Treasurer Town & Country Auto Sales | Treasurer@wsiada.com

J.T. Curry, Board Secretary Motors Northwest | Secretary@wsiada.com

Wasim Azzam, Chairman of the Board

All Right Auto Sales | Chairman@wsiada.com

CHAPTER PRESIDENTS

Tony Bonnallie – North Cascade Mission Motors | NoCascade@wsiada.com

Denis Costin – North Sound Independent Motors | NoSound@wsiada.com

Vacant Position – South Sound SoSound@wsiada.com

Rachel Frankel - Vancouver Top Auto Brokers | Vancouver@wsiada.com

Vacant Position – Yakima Yakima@wsiada.com

Vacant Position – Tri-Cities Tri-Cities@wsiada.com

Vacant Position – Spokane Spokane@wsiada.com

AT-LARGE BOARD

Ken Williamson, Board President (Emeritus) John’s Auto Mart, LLC

WSIADA STAFF

Rick Olson, Director of Operations

Mila Froman, Membership Manager

Mary Walton, Accountant

Lane Schulz, Event Coordinator

Production Editor

Professional Mojo

Copyright 2024 | WSIADA

3 LETTER FROM WSIADA’S PRESIDENT OF THE BOARD

We want to share with you the diligent efforts of the association board and staff in supporting our community of Independent Auto Dealers.

10 FINDLAY AUTO GROUP BEING SUED BY CUSTOMERS AFTER CYBERATTACK

Two customers have filed a class action lawsuit against Findlay Auto Group in the aftermath of a cyberattack.

4 EDUCATION FAIR WEST

Join us for an informative and funfilled day!

6 DEALERS CAN WIN SALES BY UNDERSTANDING CUSTOMERS’ INSURANCE PAIN POINTS

12 NIADA POLICY CONFERENCE

Register now for one of NIADA’s biggest events being held September 24-25 in Washington D.C.

13 YOU AND THE CASH REPORTING RULE

A curious form that dealers must file from time to time is the “Report of Cash Payments Over $10,000 Received in a Trade or Business.” It has two form numbers: IRS Form 8300 and FinCEN Form 8300.

Insurance rate increase stall sales, but trust can win satisfaction, brand advocacy, reports J.D. Power.

8 UNWANTED ANSWERS TO COMPLIANCE QUESTIONS

Gil Van Over shares how he is asked compliance questions daily by dealership owners and managers and how together they provide compliance solutions.

14 TAKE PRECAUTIONARY ID MEASURES

If they do nothing else, dealers must at least never allow people to drive off in one of their vehicles alone.

15 USED EV PRICES ‘CRASH’ IN BOTH RETAIL, WHOLESALE MARKETS

Not only did average retail prices of used EVs fall nearly 30% last month, but these vehicles have also become increasingly cheaper than used internal-combustionengine vehicles.

17 MEMBERSHIP APPLICATION

20 READ & RESPOND QUIZ

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.