NEWS & CORPORATE
BLOG
News. Research. Tips and Tricks. All in One Place.
Welcome to the blog! This is your one-stop-shop for everything happening in the dealership reinsurance world. Knowledge is power and we provide you with the information to better serve your customers and grow your business. From news and information to recommendations, Buckeye Dealership Consulting is here to help you flourish as a dealership.
Illinois Dealer Group Agrees to Record FTC, State Fine — $10 Million
Even when the country is experiencing record inflation, $10 million is a big number, and that is what the Ed Napleton Automotive Group’s will have to pay in fines to settle an FTC and Illinois lawsuit alleging it “charged customers hidden fees for unwanted add-on...
Buckeye Dealership Consulting Reorganizes Corporate Structure as Company Grows
Buckeye Dealership Consulting, LLC. (Buckeye), a leading provider of reinsurance, F&I, warranty and service contract products, dealer education, consulting, and performance groups for independent automotive dealers, has reorganized to create new divisions for Automotive Services, Commercial Truck, and Contract Administration as continued growth requires additional direction and oversight.
Tax Season 2022 Poses Unprecedented Opportunity, Challenges
Changes to 2021 U.S. Tax Laws that will result in large increases in tax refunds for consumers on the lower-end of the income spectrum — millions of which are special finance and deep subprime automotive customers — present a number of financial and financing challenges to buy here-pay here (BHPH) dealers.
Shaun Petersen provides insight into the FTC’s updated Safeguards Rule
BOARDMAN, Ohio — Consumers, including anyone read-ing this, should demand that any entity that holds their personal information be extremely vigilant about protecting it. Identity theft is all too commonplace, and its repercussions are serious and costly. LEARN MORE
Updated Safeguards Rule Will Require Dealers to Take Actions
Consumers, including anyone reading this, should demand that any entity that holds their personal information be extremely vigilant about protecting it. Identity theft is all too commonplace, and its repercussions are serious and costly.
FTC Updates Safeguard Rule
The Federal Trade Commission just announced significant changes to the Safeguards Rule. Those changes include more specific criteria about safeguards financial institutions - including dealers - must implement as part of their information security program to include...
Dealer Performance Group — Independent Dealer Podcast
Rob Fox and Jason Gosnell provided insight into the launch of the Dealer Performance Group to Jeff Watson and Luke Godwin of the Independent Dealer Podcast. VIEW VIDEO HERE
Buckeye CEO Rob Fox participates in panel discussion at 75th Annual NIADA Convention and Expo
From left, David Wiggins, CliftonLarsonAllen, our CEO Rob Fox, and Russell Moore, Top Notch Used Cars in Conroe, Texas, participate in the "Maximizing the Benefits of Dealer-Owned Reinsurance" panel discussion led by our Shaun Petersen during the NIADA Conference and...
Washington D.C. Legislative Update from NIADA’s Bob Voltmann
In Washington, you are either at the table or on the menu. NIADA is at the table. Shortly after I was hired to be NIADA’s Chief Executive Officer, I brought on Brett Scott to be Vice President of Government Affairs in Washington, DC. Brett came out of Transportation...
Florida IADA Convention Thoughts, Dealer Performance Group Update
Finally got caught up after returning from the Florida IADA Convention & Trade Show, which I believe was an overwhelming success, not only for our business, but for the industry as a whole. It was great to see so many faces, literally. Attendance was very good,...