OFFICIAL PUBLICATION OF THE NEW JERSEY COALITION OF AUTOMOTIVE RETAILERS

Pub. 22 2023 Issue 1

Thank You to Those Who Contributed to NADA PAC

NADA PAC helps to elect to Congress qualified individuals who understand the needs of new car and truck dealers. NADA PAC is consistently credited as being one of the nation’s top trade association political action committees in terms of both total fundraising and contributions to federal candidates. NADA PAC supports candidates for Congress on a […]

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NJ CAR Recognizes the Dealerships That Have Contributed to CAR-PAC

NJ CAR appreciates the support of the 312 dealers who contributed to CAR-PAC, the Coalition’s political action committee, between January 1, 2022, and December 31, 2022. CAR-PAC needs the contributions of ALL dealers to ensure it has the necessary financial resources to support candidates (on both sides of the aisle) who support the franchised retail

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Federal and State EV Incentives as of February 2023

Navigating through the requirements for the federal and state-level electric vehicle (EV) incentive programs can be confusing for dealers and consumers. While both programs consider an EV’s MSRP, there are important variables for which they are not consistent. For example, the federal program provides a tax credit to reduce a consumer’s federal tax liability, is

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A Delay in the Safeguards Rule, But Dealers Should Not Wait

This article addresses the Federal Trade Commission’s (“FTC”) delay of the revised Safeguards Rule (“Rule”) and its practical impact on your dealerships. The article also contains an explanation of why dealers should not wait to implement data protection and cybersecurity safeguards at your dealership because the FTC will still come after you under another section

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FTC Trade Regulation Rule Would Complicate the Vehicle Purchase Process

On June 23, 2022, the Federal Trade Commission (FTC) introduced the Motor Vehicle Dealers Trade Regulation Rule that would, if approved, dramatically transform and complicate the process for consumers to purchase, trade in, and finance new and used cars and trucks and optional products like extended service contracts and GAP Waivers. If passed, the proposed

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Inflation Reduction Act – What Does It Mean for New Jersey’s Auto Dealers?

President Biden signed the Inflation Reduction Act on August 16, 2022, and the implications for the automobile franchise dealers are still being debated and worked out more than seven months later, while continuing to prepare for both the near and long-term implementation of elements contained in the legislation. The President has talked about the benefits

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How Dealerships Can Win With First-Party Data

You may have heard about the demise of third-party cookies, AKA “The Cookiepocalypse,” on the news, in marketing blogs, or publications, but what does it mean for automotive dealers? What Is a Third-Party Cookie? Third-party cookies are created and placed on websites by someone other than the website owner (a third party). These cookies collect user

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