the Front Row - June 2022 (Teaser)

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FRONT ROW

The official publication of the Washington State Independent Auto

June 2022

Catalytic Converter

THEFTS Continue to Rise

WSIADA PRESIDENT

What happened to the car business in the last 30 months, and where might we be going in the future?

Protecting Your Business from Social Engineering Scams

Pros and Cons of an LHPH Strategy PLUS 10 Things a Car Salesman Should Know

Dealers Association
the
July 20 & 21 DON’T WAIT! Call your DAA Northwest Account Manager about hotel reservations today – 509.244.4500 Spokane, WA - magauctions.com SAVE THE DATE

FRONT ROW the

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 | 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

Blake Walker – North Cascade

Walker Motor Works | NoCascade@wsiada.com

Vacant Position – North Sound NoSound@wsiada.com

David Magarrell – South Sound Auto Sales Consultants, LLC | SoSound@wsiada.com

Frank Schmitt – Vancouver

Brush Prairie Auto Sales |Vancouver@wsiada.com

Open Position – Yakima Yakima@wsiada.com

Rhonda Coffin – Tri-Cities

USA Auto Sales, Inc | Tri-Cities@wsiada.com

Ron Medlen - Spokane

Livestream Auto Sales | 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

Brian Dansel, Executive Director

Rick Olson, Education Manager

Mila Froman, Membership Manager Mary Walton, Accountant

PRODUCTION EDITOR

Professional Mojo

Copyright 2022 WSIADA

CONTENTS JUNE 2022

6 MEET WSIADA’S MASCOT 19 MEMBERSHIP APPLICATION

2 PRESIDENT’S MESSAGE: WHAT HAPPENED TO THE CAR BUSINESS IN THE LAST 30 MONTHS, AND WHERE MIGHT WE BE GOING IN THE FUTURE?

I believe that with the supply imbalance returning to normal we should expect to see used car prices coming back down to earth.

11 3 LESSONS WE CAN LEARN FROM THE ONLINE BUYING EXPERIENCE

In 2020 online shopping hit nearly 4 trillion market size across the globe and it’s on target this year to hit 300 million in the U.S. alone.

4 CATALYTIC CONVERTER THEFTS CONTINUE TO RISE

States are passing Bills with new penalties and requirements for scrap metal dealers who buy used converters.

6 EXECUTIVE DIRECTOR’S MESSAGE: ONE YEAR IN

It has been one full year since I took over as Executive Director and I would like to talk about what I have seen in that time.

12 THE KEYBANK PERSPECTIVE: PROTECTING YOUR BUSINESS FROM SOCIAL ENGINEERING SCAMS

What does data theft look like, really? Is it a blackhoodie clad villain tapping away at a laptop while ominous green code streams across their monitor? Not usually.

13 WSIADA CHAPTER BRIEFS

13 LEGISLATIVE UPDATE

14 TIPS TO MAXIMIZE DEALER SUCCESS

Finding success and maintaining it as an independent dealer has become increasingly challenging. New car supply has gone down, which has caused used car demand to skyrocket.

8 10 THINGS A CAR SALESMAN SHOULD KNOW

Things have been changing in the car business very rapidly over the past few years, but these remain to hold true and probably will as long as we are selling cars for a living.

16 PROS & CONS OF AN LHPH STRATEGY

19 SERVICE PROVIDER DIRECTORY

20 READ & RESPOND QUIZ

THE FRONT ROW | WSIADA.COM JUNE 2022 | 1

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