THE CHALLENGE:
COMPLIANCE MISUNDERSTANDINGS

Every year brings new compliance challenges. As rules and regulations get more complex, your dealership could face costly consequences if its not following standard procedures.

…it gets hard to manage compliance all on your own.

ARE YOU IN COMPLIANCE AT EVERY STAGE OF THE DEAL?

Sending Adverse Action Notices

Knowing when to provide the adverse action notice is the dealership’s responsibility and could be easily overlooked or forgotten through human error.

Do you know when you’re obligated to send Adverse Action Notices?

Verifying IDs

Ensure your process complies with the Red Flags Rule and OFAC requirements through integrated checkpoints during the sales process.

Learn how to protect your dealership from the threat of consumer fraud.

Risk Based Pricing Notices

Risk-based pricing occurs when lenders offer consumers different interest rates or loan terms. Know when to give the notice to the consumer once you receive their credit score information and keep a copy in the deal jacket.

Do you know when to provide a Risk Based Pricing Notice?

We can help you pinpoint your compliance concerns.

Dealertrack Compliance helps you stay up to date with federal laws and regulations. By automating the issuance of sending Adverse Action Notices and integrating other vital checkpoints throughout the process. We also securely store a wide range of documents digitally, including credit applications, privacy notices, credit reports, contracts, menus and more – this is a vital benefit in the case of a compliance audit or a consumer misunderstanding.

Dealertrack Compliance

Establish a consistent process from leads to contracts.

Dealertrack Compliance helps you maintain a consistent practice across your workflow.

Integrated checkpoints keeps you on track with processing deals
Checklist helps you stay on track for each deal
Dashboard helps you monitor activity at your stores

Other Challenges?

My margins are shrinking.
My customers are waiting too long.
I'm paying too many fees.
Title releases take too long.
I'm drowning in data entry.
Our technology is outdated.

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NEWS AND ALERTS!

Economic Outlook & Digital Strategies for Lenders

Dealertrack and AFSA share market updates and insights to help you navigate the current business landscape.

Watch now

5 Must-Dos for Dealerships

Sell smarter & improve operational efficiencies with these "must-do" actionable steps.

Read the ebook

COVID-19 UPDATE – State by State DMV Operating Status

Many of the DMV’s need to take some time to understand how they will handle specific transaction types as they adjust their operating procedures. We are taking action to make sure that we can maintain state-by-state registration and titling processing whenever possible.

Learn More

Dealertrack F&I Daily Insights

In today’s marketplace, we are all looking for insights to help us plan more effectively. At Cox Automotive, our common goal is to help partner and provide data that may assist in your current planning.

Learn More

READY TO GET STARTED ON DEALERTRACK COMPLIANCE?

Fill out the form below for a demo.

First Name*
Last Name*
Title*
Dealership*
Phone*
Email*
State*
I'm Interested In*
How can we help you?

COMPLIANCE

Get tools to help stay compliant with federal and state regulations from leads to contracts. Protect your dealership from fines and penalties with powerful capabilities including ID verification, fraud protection, secure document storage, and tracking and reporting.

See how Dealertrack Compliance works seamlessly with the credit application and bureau process.

Verify Identities

Easily verify IDs with integrated checkpoints at each step of the deal.

Learn about Integrated Checkpoints

Compliance Checklist

Ensure deal compliance with a checklist of items in each customer deal jacket.

Learn about Compliance Checklist

Tracking & Reporting

Keep a close eye on user and dealership activity with dashboards and reporting, even at the enterprise level.

Learn about Reporting

GET TO KNOW THE SOLUTION

ARE YOU CONFIDENT WITH YOUR CURRENT COMPLIANCE PROCESS?

Keep your compliance in check.

Know what to do at every stage of the deal and establish a consistent compliance process at your dealership.

Be More Compliant

STAY UP TO DATE WITH FEDERAL RULES AND REGULATIONS.

Every year brings new changes to the compliance landscape. Know what it takes to remain compliant in 2021 and avoid the risk of penalties and fines.

INTEGRATED CHECKPOINTS

Protection built throughout your workflow in one online deal jacket.

Integrated compliance steps help make it easy for your dealership to comply with the Red Flags Rule and OFAC requirements.

Get Started

Fraud Indicator

Get a fraud risk level for each deal with proactive alerts.

Out-Of-Wallet Questions

ID verification tools are included with Dealertrack Compliance to help keep your deals on track.

“Compliance requirements are always evolving and Dealertrack’s compliance solution helps keep our dealership up-to-date.”

– Marshall Danien, Finance Manager, Infiniti of Willow Grove, PA

THE WRONG COMPLIANCE PROCESS COULD COST YOU.

Violating federal laws through compliance missteps could lead to hefty fines for your dealership.

COMPLIANCE CHECKLIST

Make sure you don’t miss a step.

Keep every deal on track with a checklist inside each customer deal jacket that makes outstanding tasks easy to understand and take action.

Stay on Track

LOOKING FOR MORE CONFIDENCE IN YOUR COMPLIANCE PROCESS?

Overcome uncertainties to help keep each deal on track.

COMPLIANCE DASHBOARD AND REPORTING

Monitor and track all deal activity.

Easily monitor activity with on-demand reports and a comprehensive dashboard allowing for ID Verification and Compliance status of all deals. Generate robust reports in PDF and/or Excel.

Get Started

Enterprise-Level Reports

Gain detailed history and insights for each account and user.

Risk Level Snapshot

See a snapshot of the compliance status for all your deals.

LONG TERM DIGITAL STORAGE

Safeguard your deal documents.

When subscribed to Dealertrack Compliance, you will have peace of mind that all documents will be saved for up to 10 years in case of an audit.

Request a Demo

Up to 10 years

Keep all deal data safe, secure and audit-ready.

Comprehensive Storage

Store all deal documents including credit application, contract, final menu and more.

AUTOMATE ADVERSE ACTION NOTICES

Dealership compliance obligations are not optional.

Dealertrack will automatically recommend when you should send an Adverse Action Notice. Generate pre-filled Adverse Action Notices, then print, track and manage – and have them mailed* on your behalf.

*Additional fee for mailing service

“I get a comfort level using the compliance product from Dealertrack…I know I’m being protected.”

– Lou Bregou, Director of Operations, Driver’s Village, NY

CONSIDER DIGITAL CONTRACTING

Dealers who subscribe to both Compliance and Digital Contracting appreciate the way their final contracts get stored along with all their other deal documents.

ADDITIONAL RESOURCES

Dealertrack 2021 Compliance Guide

Gain a better understanding of your obligation to comply with federal regulations and help protect your dealership from fraud, fines and audits.

Dealertrack Compliance Info Sheet

Learn how to use the industry's most comprehensive suite of auto dealer compliance tools to help protect your deals from leads to contracts.

Get More Info

Are you at risk of regulatory non-compliance?

Missed compliance steps can be costly to your dealership's bottom line and reputation.

Show Me The Fines

GET STARTED WITH COMPLIANCE

Talk to your rep about integrating compliance tools to help
protect your dealership from fraud, fines and audits.

First Name*
Last Name*
Title*
Dealership*
Phone*
Email*
State*
I'm Interested In*
Dealership Type*
How can we help you?

F&I Skill Builder Series

Get pro tips and best practices at the Cox Automotive Dealer User Summit, Wednesday, September 22, 2021.

SAVE YOUR SEAT

Are you in Compliance at EVERY STAGE of the deal?

Fill out the form for a demo.​

THE CHALLENGE: COMPLIANCE MISUNDERSTANDINGS