Car Dealer Industry Articles
Now and then we find articles and stories related to the car industry. The ones
listed below are the ones that we find to be the most relevant to the dealer
market we serve. If you come across an interesting article related the car
dealers and car dealer websites, online dealer advertising, dealership
marketing, and payment processing for car dealerships, we'd love to see it. Kindly submit a link to
the article in our
Contact Us form
and we'll review it and maybe post it here. If you'd like to interview anyone within
Integrated Dealer Solutions for a press release or industry article, kindly call
us at (888) 675-7477 or write to us on the
Contact Us page.
A disclosure to be sure we're all on the same page: please bear in mind that we
do not produce the articles that we link to, take no credit for the content, and
do not necessarily support or agree with any of the commentary or content that
appears in the articles and stories. We simply find them interesting and
relevant to the car dealer industry.
GPS car placed in car of Buy Here Pay Here dealer
October 2011
According to Roger Bull of Jacksonville.com, a Jacksonville, Florida car dealer is being sued by the
Florida Attorney General for placing a GPS unit in a car financed through the
dealer's Buy Here Pay Here finance program in order to track the vehicle. The
allegations also include repossessing vehicles that have been financed through
his Buy Here Pay Here dealership for customers that were supposedly not behind
on payments.
Our take is that dealers must follow the state regulations. The State of Florida
allows placing of GPS units on vehicles that are financed through a licensed
retail installment contract seller (i.e. a dealer or finance company that wants
to offer vehicle financing) as long as any such GPS installation is properly
disclosed to the buyer. The buyer must sign the disclosure acknowledging receipt
of such disclosure.
The issue of compliance and abiding by state regulations is on the forefront of
many dealer's minds these days. Integrated Dealer Solutions has noticed a very
large increase in the number of dealers now turning to dealer management systems
to ensure compliance with state regulations of filling out DMV forms. Gone are
the days where a calculator and pen are sufficient to properly fill out a bill
of sale, title application, certification of pollution, buyer's guide, odometer
disclosure, and all the other required documents and disclosures required by the
DMV. More so, buy here pay here dealers are realizing the enhanced value of
dealer management programs because they have an all-in-one program for managing
their paperwork, business reports, finance contracts, and collections. Dealers
are also making more use of automated payment technologies available like online
payments, online invoicing, recurring payments, and payments from "buy now"
buttons on their websites through
online payment services like Payment Helpdesk.
Integrated Dealer Solutions joins a Buy Here Pay Here
dealer discussion
Buy Here Pay Here radio call
October 2011
Integrated Dealer Solutions executive Damien Rosen heard a radio
discussion on the Rich Minaya show regarding a Jacksonville, Florida car dealer
and decided to jump in on the discussion and share his viewpoints. The entire
mp3 is interesting, but jump to 26:00 to get a brief intro to what the
discussion is about and 27:30 to hear the part of the show where Damien is live
on the air. The mp3 was made available to us through the WIOD.com website.
My
buddy had a website for his dealership through you for a while and after seeing
his numbers, I finally got one for myself. Thanks for helping my bottom line.
(888) 675-7477