Auto and RV dealers – listen up! If left unattended, these business practices may get you into trouble:
- Payment packing
- Falsifying information or signatures
- Deceptive practices
- Discrimination
- Disclosure of (safeguarded) personal information
- Kickbacks/bribes – receiving them or offering them
- Bird dogging (illegal in some states)
- Spot disclosures with no chance of approval
- Harassment of any kind or nature
- Money laundering
- Back-dating documents
- Odometer fraud
- Transactions involving wrecked vehicles without proper disclosures
- Any indication or suspicion of a “washed” title
Consider developing policies and procedures to prevent these practices from happening. Educate your staff and then have each employee acknowledge that training with a sign-off page (which should be filed in their personnel jacket.) Feel free to reach out if you have any questions.
Leave A Comment