The key to staying compliant with federal rules and regulations is proactive planning and consistent checkpoints. With Dealertrack, you can make compliance an integral part of your daily workflow.
Dealerships can lose sight of compliance actions that need to be completed throughout the F&I process. Here’s a checklist to help keep your dealership on track:
Are you aware of the latest Coronavirus phishing scams?Follow these Tips from the FTC to help protect your dealership.
Every year brings new changes to the compliance landscape. Know what it takes to remain compliant in 2020 and avoid the risk of penalties and fines.Sign up for the Compliance Guide
Your dealership's Privacy Notice sets the stage for compliance as you begin collecting information for each deal. Find out what it should include and what laws require it.Get the facts
If a customer qualifies for less desirable credit terms than other buyers because of information in their credit report, your dealership must give them a Risk Based Pricing Notice. Learn the how’s and why’s of RBP compliance.Get the facts
Automating your process of sending Adverse Action Notices helps ensure you never skip a customer. Find out when these notices are required by law.Get the facts
Make sure your customers are who they say they are - and that they're legally allowed to purchase from you. Get the tools to keep your dealership safe from fraud at every step.Get the facts
When you sell aftermarket products, make your presentations consistent and transparent, clearly stating what each product is and how much it will cost.Get the facts
A customer must consent to sign documents electronically before you can proceed with e-signing. No matter how you secure signatures, it's still the dealership's responsibility to deliver a copy of the signed, final contract.Get the facts
Gain a better understanding of your obligation to comply with federal regulations and help protect your dealership from fraud, fines and audits.Sign me up
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We’ve gone fully digital with our 2020 compliance guide
This guide is not legal advice, nor does it purport to provide any legal or regulatory analysis. Any discussion of case law or regulatory actions provided herein are for illustrative purposes only. You should consult with your attorney for any legal, regulatory, or compliance questions you may have.