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new & renewed members|
FEBRUARY - APRIL 2020 Central Ave. Auto Sales Louisville Motors LLC
NEW MEMBERS Chuck Ryan Cars Inc. Lynch Auto Sales
Capital City Motors Inc. Dealers Auto Auction of Memphis M&R Sales
DOWC Dee’s Used Cars Maxcy’s Auto Sales
Elevated Motors Direct Auto Natchez Salvage and Parts, Inc.
Richard’s Auto Sales Dixie Auto Auctions, LLC Nolan Brothers Motor Sales
TexCap Financial, LLC Fairchild Motors, Inc. Oliver’s Auto Sales
First Consumers Financial, LLC Paragon Dealer Services
RENEWED MEMBERS Fleet Sales Passtime
Affordable Autos LLC Flywheel Motors
ASC Warranty Frazer Computing Inc. Peark Performance Team
Auto Credit of Collins Hawks Automotive Pinnacle Motors LLC
Bell’s Inc. Heritage RV Center, LLC Premier Auto Sales LLC
Bo Haarala Autoplex iFinance LLC Professional Car Sales
Bragan Wholesales Auto LLC Integrity Warranty LLC Robinson Auto Sales
Buy Smart Used Auto Sales Interstate Auto Top Notch Auto Sales
Car Credit, Inc. Jerry’s Auto Sales Inc. Toy Box Motors LLC
CarBucks Floor Plan JP Motors LLC Turner Auto Group
CarFax Lindsay’s Auto Sales Unique Motors, LLC
Carthage Supercenter Long Beach Auto Auction Wither’s Used Cars, Inc.
Continued from page 5 think nothing of relieving you of your in-
ventory. Asking the out of wallet questions
A huge assist to help minimize some of the two times, leveraging video conferencing
fraud risk is potentially on the horizon – softwares, properly clearing Red Flags,
e-notary services are currently permitted and confirming identities and signatures
in 36 states. Would it be possible to e-con- whenever possible are prudent practices.
tract through RouteOne, Dealertrack, or
your finance source, then have the remain- Transmitting non-public personal infor-
ing documents e-notarized? mation without using encrypted tranmis-
sions (i.e., credit apps, driver’s licenses) is
Until then, a secured document transmis- a huge Safeguards risk. Contemplate using
sion service such as Google Docs may be a secured document transmission source
helpful. such as Google Docs to receive this infor-
mation from the consumer.
7. Delivery
Acceptance of down payment informa-
Arrange for the delivery of the vehicle. tion over unsecured channels suchs as
This may be the opportunity to obtain fax, e-fax, e-mail, and text is also a Safe-
the wet signature on any remaining docu- guards risk. Again, Google Docs to the
ments that require it. potential rescue.
Risks Until we resume to normalcy, stay safe,
good luck, and good selling. n
Out of area deliveries already carry a high
risk of identity theft. Word is some fruad- Gil Van Over is the Executive Director of
sters have started circulating world maps Automotive Compliance Education (ACE),
of the current COV19 outbreak coverag- the Founder and President of gvo3 & Asso-
es with suspicious links. Never lose sight ciates, and author of Automotive Compli-
of the nefarious people in this world who ance in a Digital World.
12 | MIADA MISSISSIPPI DEALER Q2 2020
