2 minute read
THE FRONT ROW
The official magazine of the WASHINGTON STATE INDEPENDENT AUTO DEALERS ASSOCIATION WSIADA.COM
707 Auburn Way South | Auburn, WA 98002 T: 253-735-0267 | F: 253-804-0844 staff@wsiada.com | WSIADA.COM
EXECUTIVE BOARD
Wasim Azzam, Board President All Right Auto Sales | President@wsiada.com
Badie Darwazeh, Board Vice-President Seattle Auto Haus | VPresident@wsiada.com
J.T. Curry, Board Secretary Motors Northwest | Secretary@wsiada.com
Emil Scarsella, Board Treasurer Town & Country Auto Sales | Treasurer@wsiada.com
CHAPTER PRESIDENTS
Vacant Position – North Cascade NoCascade@wsiada.com
Victor Perez – North Sound Route527 Motorsports | NoSound@wsiada.com
David Magarrell – South Sound Auto Sales Consultants, LLC | SoSound@wsiada.com
Vacant Position – Vancouver 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
Randy Fletcher, Board President (Emeritus) In-N-Out Auto Sales
AJ Hamedian, Board President (Emeritus) Inline Motors
Ken Williamson, Board President (Emeritus) John’s Auto Mart, LLC
WSIADA STAFF
Rick Olson, Director of Operations Mila Froman, Membership Manager Mary Walton, Accountant
PRODUCTION EDITOR
Professional Mojo
Copyright 2023 | WSIADA
2 ENACTING THE USED MOTOR VEHICLES EXPRESS WARRANTIES ACT
This legislation will hurt all dealers. It will more likely put many of us out of business; therefore, we strongly oppose the Used Motor Vehicles Express Warranties Act.
4 DIRECTOR OF OPERATIONS VIN INSPECTIONS: DEMAND OUTPACES RESOURCES IN WA
5 CAR FINANCING COSTS WILL KEEP RISING THIS YEAR
Vehicle loan rates will continue to rise this year as the Federal Reserve issues further bumps, so borrowers will pay more to finance cars, especially borrowers with bad credit, forecasts consumer financial services company Bankrate.
12 CFPB ORDERS WELLS FARGO TO PAY $3.7 BILLION FOR WIDESPREAD MISMANAGEMENT OF AUTO LOANS, MORTGAGES, AND DEPOSIT ACCOUNTS
The company repeatedly misapplied loan payments, wrongfully foreclosed on homes and illegally repossessed vehicles.
14 HOW TO BOOST LEAD GENERATION IN AUTO DEALERSHIPS
Boosting lead generation is important for car dealerships to stay competitive, maintain a steady stream of deals, reduce customer acquisition costs, and drive future growth. Check out these tactics to learn how to boost lead generation in your dealership.
6 HOW TO SELL BATTERYELECTRIC VEHICLES TO SKEPTICAL CUSTOMERS
Dealership buy-in is considered an important element to the prospects of EV market success. When it eventually comes to highvolume electric-vehicle sales, auto dealers will tackle the task. But it will take getting up to speed first.
8 CAR PHOTOGRAPHY TIPS FOR CAR DEALERSHIPS
By providing car buyers with accurate and high-quality visual representations of their vehicles, car dealerships are able to ensure that their customers are informed and confident in their purchase decisions.
15 SAVE THE DATES: 2023 EDUCATION FAIRS
16 INSURANCE COMPANIES ARE REFUSING TO COVER CERTAIN HYUNDAI AND KIA MODELS
The changes do not affect existing policyholders, but it certainly puts a damper on anyone hoping to grab a used car and get it insured.
17 INSURANCE HIGHLIGHT: ARE YOU STILL OFFERING UNACCOMPANIED TEST DRIVES?
18 MEMBERSHIP APPLICATION
19 WHY JOIN WASHINGTON IADA?
20 READ & RESPOND QUIZ
