What is the ADTA Dealer Training, Profit, & Compliance
Manual?
Do I need any special software to download the manual?
What topics does the dealer training manual cover?
Does the manual meet my State's pre license educational
requirement?
How long is the dealer training manual?
Can much is the dealer training manual?
Does the training manual cover the dealer licensing start up process?
Does the manual cover Federal dealer compliance issues?
What about dealer profit strategies?
Does the manual explain dealer bonds and dealer insurance?
What will I learn about dealer auctions?
How can I buy right at dealer auction?
What type of vehicle markup should I shoot for?
What is compliance?
Do compliant dealers make more money?
Why are Ethics so important in this business?
Will I learn how to correctly complete an FTC Buyers
Guide?
Does the course give advertising instructions?
How do I sell the vehicles on my lot on Craigslist or
eBay?
What is the ADTA Dealer Training, Profit, and Compliance
Manual?
The Automobile Dealer Training Associations dealer training manual was
written for anyone considering starting a motor vehicle dealership and is
delivered to you via PDF file. It contains a wealth of information for
anyone considering starting a dealership or for currently licensed
dealers. After you fill out a registration form and agree to the
Terms of Use you can download the manual.
Do I need any special software to download the manual?
No, however you must have a free PDF reader on your computer. You can download the Adobe PDF reader for free by clicking here . You just need a web browser such as Internet Explorer, Mac Safari, Firefox, or Google Chrome and an internet connection. That all, no other downloads required.
What topics will covered in the dealer training manual?
Your dealer training manual will cover the entire dealer license start up process, profit strategies, State & Federal Compliance issues, internet marketing, dealer auctions, and much more. For a complete overview of dealer license training topics click here.
Does the dealer training manual meet my State pre license educational requirement?
No. A few States such as Florida, Colorado, Illinois, Georgia, and Missouri require you to complete a dealer educational class before you are granted a dealer license. The Automobile Dealer Training Association is not sanctioned by these states but if you are opening a dealership in state that requires pre dealer license training, our course makes an exceptional supplement to the State sanctioned course. Your dealer training manual includes many profit strategies and Federal dealer compliance issues that you will not learn in your State sanctioned classes. Our web based training makes a great addition to the training you may be required to take in your state.
How long is the dealer manual?
132 Pages.
How much does the dealer manual cost?
$9.95 or you can download a 25 page sample for free!
Does the training manual cover the dealership start up process?
Absolutely. We take you step by step through the licensing process. You
will learn about the importance of correctly completing your dealer license
application, how to obtain the cheapest dealer bonds & dealer insurance, and
the best times to contact your State's dealer licensing division.
Does the dealer training manual cover Federal compliance issues?
Yes. Failure to follow strict Federal dealer guidelines could lead to extensive non negotiable Federal fines of $25,000 per occurrence or more. We cover important Federal dealer topics such as Federal Trade Commission Buyers Guide rule, GLB Privacy Act, Federal lending compliance, driver privacy protection, nationwide commercial codes, US Patriot Act, and much more.
What about dealer profit strategies?
Yes. Your dealer training includes great profit strategies including how to buy your vehicles at the right price and how to correctly price your vehicle for full profit potential. We instruct you how to make the buy, how to make the sell, we cover profitable dealer add ons, internet sales profit strategies, loan points, and much, much more.
Does the manual cover dealer bonds and dealer insurance?
Yes. We completely explain dealer bonds and dealer insurance. You will learn how to find the best prices on dealer bonds, how to find the cheapest dealer insurance, and how to lower your insurance rates during the operation of your dealership.
What will I learn about dealer auctions?
The first thing you will learn about dealer auctions is many vehicles are at the auction because they could not sell on another dealer's lot. You will receive extensive instructions on how to buy your vehicles at dealer auctions, what to watch out for, and the importance of using post-buy dealer auction inspection services. Your training will ensure you never get burned at a dealer auction.
How can I buy right at a dealer auction?
By studying last week's wholesale prices. It is very important to study a vehicle make's wholesale pricing history and we will lead you to the best resources to find accurate wholesale pricing histories. Buying right at the dealer auction will lead to higher profits on your dealer lot.
What type of vehicle mark up should shoot for?
As much as your market allows. The manual clearly explains your markup potential.
Compliance is following every single State & Federal dealer regulation without fail. You must follow every guideline because there is never any gray area between complying with a law or breaking that law. It is imperative that you operate a compliant business, we will show you how.
Do compliant dealer make more money?
Absolutely. Some times it can be inconvenient and seems expensive to stay completely compliant but in the long run you will make much more money. Compliant dealers never pay fines, compliant dealer never face license suspensions, and compliant dealers are in business for many, many year. You will learn how important it is to remain compliant at all times in your dealer training course.