Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Brad Miller, Head of Legal at ComplyAuto where we discuss: The most costly mistakes dealers are making, Why the FTC is coming after car dealers, the Top 3 "sleeper" risks in the car biz, and much more.
This episode of the Car Dealership Guy Podcast is brought to you by:
OPENLANE - The world’s best online dealer marketplace for used cars, bringing you exclusive inventory, simple transactions, and better outcomes. New to OPENLANE? Sign up now and receive a $350 buy fee credit. Learn more at https://www.openlane.com/
Car Dealership Guy News - The #1 source for concise and unbiased car industry news. Stay informed with the most relevant and interesting stories by visiting https://news.dealershipguy.com/
ComplyAuto - ComplyAuto is the #1 recommended compliance solution on the market with 40+ state dealership endorsements.
We revolutionized the regtech industry by introducing the first cloud-based, automated platform with exclusive tools no other provider offers. ComplyAuto is the only compliance solution provider in the industry that covers all federal and 50 states rules and regulations and the only products backed by a $1 million guarantee. Founded just four short years ago, ComplyAuto serves more than 10,000 dealerships across the country and provides the most comprehensive solutions with privacy, cybersecurity, EHS, HR, F&I, and advertising all in one, simple platform.
To learn more visit: https://sales.complyauto.com/difference
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Topics:
00:00:00 - Intro
00:00:52 - Thoughts on the aftermath of the CDK and CrowdStrike outages
00:03:31 - Brad’s career and Comply Auto
00:05:46 - CDK breaking news
00:12:21 - What are the biggest security and regulatory risks dealers face today?
00:16:52 - The CARS rule: Is it going to happen?
00:23:38 - What are the costliest mistakes dealers are making right now?
00:29:14 - What are some quick wins dealers can implement right away?
00:32:11 - Thoughts on AI and chatbots
00:35:52 - The importance of website data
00:37:35 - Will all of this regulation hamper innovation in the car buying experience?
00:39:49 - Closing thoughts
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