TNIADA:(931) 265-6143
Education, Engagement & Efficiency
Free New/Active Dealer Training was at Manheim Nashville was Oct 1, Tuesday, 2024
2024 TN QUALITY DEALER OF THE YEAR: Guy Thorpe of Thorpe Automotive in Knoxville, TN.
2024 TN QUALITY DEALER OF THE YEAR: Guy Thorpe of Thorpe Automotive in Knoxville, TN.
.Pictured: Karen Brown, TNIADA Executive Director; Jon Davachi, 2024 TNIADA Board President and Denise Lawrence, TN Motor Vehicle Commission Executive Director.
Economic Development Partner HHM shares vital Tax Information: https://www.hhmcpas.com/post/tax-planning-series-dealership-tax-planning
https://www.hhmcpas.com/post/2024---2025-tax-planning-guide-for-individuals
TNIADA MEMBERSHIP: 2 for 1 membership: TNIADA & NIADA for $395 -12 months
EDUCATION TECHNOLOGY + LEGISLATIVE ISSUES + DEALER EDUCATION + CONVENTIONS + AUCTION SAVINGS + ASSOCIATE SUPPORT + STATE OF TN SUPPORT
Become a MEMBER TODAY:
Call: 931-265-6143
Online: Link to join is below. Pick TN on US Map, it will take you to NIADA site
https://niada.growthzoneapp.com/tennesseeapplicationtojo
NEW RESOURCE: Dealer Manual
State of TN Department of Revenue Released the 2024 Dealer Manual: https://www.tn.gov/content/dam/tn/revenue/documents/tax_manuals/auto-dealership-guide.pdf
The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws and the collection of taxes and fees associated with those laws. The department collects about 87 percent of total state revenue. To learn more about the department, visit www.tn.gov/revenue.
On May 10, 2024, Governor Bill Lee signed Public Chapter 950 (2024), which eliminates the property measure from the franchise tax calculation and authorizes the Department of Revenue to issue franchise tax refunds to eligible taxpayers. Taxpayers who paid the franchise tax on the property measure using Schedule G for tax years ending on or after March 31, 2020, for which a return was filed with the department on or after January 1, 2021, are eligible for a refund. Deadline is November 30, 2024.
TNIADA had 4 webinars for Independent Dealers on the TN Franchise Tax Revision with HHM Accounting.
2024 TN QUALITY DEALER OF THE YEAR: Guy Thorpe of Thorpe Automotive in Knoxville, TN.
2024 TN QUALITY DEALER OF THE YEAR: Guy Thorpe of Thorpe Automotive in Knoxville, TN.
2024 TN QUALITY DEALER OF THE YEAR: Guy Thorpe of Thorpe Automotive in Knoxville, TN.
Congratulations to 2024 Quality Dealer of the year, Guy with be recognized at Manheim Nashville on August 27, 2024
Economic Development Partner:
National Lenders General Agency Expands Services
HOUSTON, TX, December 3, 2024 – National Lenders General Agency LLC proudly announces its recent designation as a licensed Risk Management Agency in Texas. This milestone marks a significant step forward in the company’s mission to meet the evolving needs of Buy Here Pay Here dealers and independent auto finance company lenders. National Lenders offers CPI and Risk Management advisory services tailored to BHPH dealers and lenders. Through rigorous licensing and certification processes, the firm is setting a new benchmark for professionalism, security, and excellence.
Eric Hurst, COO and EVP, emphasized the significance of this achievement: “Too many operators offer one-size-fits-all solutions that leave clients vulnerable. In contrast, we’ve embraced the rigorous demands of licensing and certification to ensure our clients get truly expert guidance. This new designation is more than a credential—it’s a clear message to dealers that they have a partner who takes their risks as seriously as they do. We’re not here to blend in; we’re here to lead.”
Ken Terkel, President, echoed this sentiment: “As National Lenders continues to grow, we remain focused on delivering exceptional service. We ensure that every client’s unique challenges are met with expertise and accountability.”
Looking ahead to 2025, National Lenders is poised for a prominent presence in the market. A robust marketing campaign will highlight the company’s expanded capabilities, ensuring dealers and lenders see National Lenders as the go-to provider of CPI. From trade shows to digital outreach, the firm’s leadership and expertise will be front and center.
For more information, visit nationallenders.com.
Make plans to lobby with NIADA at the 2025 Policy Conference in Washington D.C.
2024 TN QUALITY DEALER OF THE YEAR: Guy Thorpe of Thorpe Automotive in Knoxville, TN.
2022 TENNESSEE'S Quality Dealer of the Year is NATIONAL DEALER Finalist at '23 NIADA's Convention
When you join TNIADA you are also a member of NIADA, the National Independent Automobile Dealers Association (NIADA) has advanced independent automobile dealers since 1946 through advocacy, education and promotion.
Membership provides a multitude of opportunities and resources to enhance professional skills and maximize profitability. Simply leveraged, it’s a small investment that yields massive returns.
Join the tens of thousands of independent car dealers who are capitalizing on the advantages of membership.
JOIN/RENEW DUES TODAY:
$395 Membership for 12 months
includes savings for over 50 auctions, dealer support, education and NIADA benefits/ membership,
In 2023, dealer -members saved 45K in auction buy-sell fees.
NOW offering monthly auction credits to membership
1. America's BOWLING GREEN, KY
2. New Calhoun Auto Auction, GA
3. Dealers Auto Auction, Cincinnati (coming soon on app
4. Let us know what auction you would like to see on the auction savings list
Congratulations to Karen Brown, Executive Director of TNIADA for being one of four directors nominated Director of the Year recognized by other state directors. Paula Frendel of NJIADA and NYIADA was named 2024 Director of the Year,
JOIN/RENEW TODAY:
2022 TENNESSEE'S Quality Dealer of the Year is NATIONAL DEALER Finalist at '23 NIADA's Convention
2022 TENNESSEE'S Quality Dealer of the Year is NATIONAL DEALER Finalist at '23 NIADA's Convention
2022 TENNESSEE'S Quality Dealer of the Year is NATIONAL DEALER Finalist at '23 NIADA's Convention
Pictured: Proudly recognizing Scott and Amy Cass 2023 National Quality Dealer Finalist at NIADA Convention and 2022 Tennessee 's
"Quality Dealer of the Year" of East TN Auto Outlet
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2024 Calendar of Events:
*planning currently in progress
January 23-24th Knoxville TN
Quality Dealer of the Year hosts sales classes with Peak Performance in Knox-
Gibby's Auto Pros -TQD: Eric Gibby
January 25, 2024
2024 Strategic Planning BOARD of Directors Meeting, City Auto M'boro
March 6-7
West TN BHPH Bizapalooza Dealer Meeting FREE Education. Walk the Lot and come
4-6 pm on March 6th at Dealers Auto Auction, Memphis + Mix & Mingle. Hotel rates available for dealers. Attend auction Thursday morning. Speakers include: Buckeye Dealer Consulting & Advantage GPS
April 10 -11, 2024
Dealers Meeting on 4-10 from 4-6pm at DAA Chattanooga. Meet the Board of Directors, Meet Jeff Martin, NIADA Executive Director. Meet the partners, Mix & Mingle to follow. Attend auction next morning for 4-1-1 sale
April 22-25th BHPH UNITED, Las Vegas
May 16 -17th, 2024
New/Active Dealer Education at Adesa Knoxville with Motor Vehicle Commission & Dept of Revenue with other partners 12-4pm Eastern
June 4th PEAK Performance offers dealer Sales Skills, "Basic Sales Success 2024" - 10:30- 2:30 Eastern, Free to TNIADA Members, Knoxville TN and lunch is included. Fairfield Inn & Suites 5620 Merchants Center Blvd, Register: Rod Hensley 248-880-7263 or Karen Brown, executivedirector@tniadea.com
NAIADA Convention June 17-20th
Wynn Las Vegas www@niada.com
July 16, 2024 Board of Directors attend Manheim Nashville's Cargaritaville Sale and meet GM, Steve Richardson.
In-Person TNIADA Board of Directors meeting in the afternoon
August 22-23 West Tennessee Town Hall and Business Match-Making at DAA Memphis
2024 Quality Dealer Announcement and Celebration - August 27, 2024
September 23-25th Policy Conference in Washington DC- Dealers make plans to help lobby with lawmakers. Register at niada.com by Sept 13
October 1, 2024 - TUESDAY
New/Active Dealer Training with the TN Motor Vehicle Commission and Dept. of Revenue, State of TN - Manheim Nashville 12-4pm, after the Tuesday auction.
October 29th, 2024
TN Motor Vehicle Commission to announce new Online Education Platform Buildout for Independent Dealers
November 10-12, 2024 NIADA BHPH DEAELER FORUM-at New Orleans Marriott
December 10, 2024 - TUESDAY
Christmas Main Hall Mix and Mingle at Manheim Nashville with associate partners
2022 TENNESSEE'S Quality Dealer of the Year is NATIONAL DEALER Finalist at '23 NIADA's Convention
Tennessee had 30 attendees to the NIADA 2024 Convention
Pictured: Bob Higgins of Wayne Reaves at New/Active Dealer Training. We had the training at Adesa Knoxville in Lenoir City on May 16 & 17. Our next New/Active Dealer Training is Oct 1 at Manheim Nashville.
IMPORTANT NOTICE: TN DEPARTMENT OF REVENUE Effective: JANUARY 15, 2024
Updated Notice of TN Temp Tags
Notice On Temporary Tags
The Commission may revoke a license for an act or practice involving the sale/ purchase of a motor vehicle that is either false, fraudulent, or deceptive. T.C.A. § 55-17-114 (b) (1) (K). The Commission may take such action against dealerships who have been found in violation of current laws and requirements related to the issuance of temporary tags. Current law provides for the issuance of one (1) temporary plate covering a sixty-day (60 day) period. [T.C.A. § 55-4-226 (c)(4)]Further, any unauthorized use of the temporary tag (EZ Tag), e.g., placing an unauthorized temporary tag on a vehicle for which it is not registered; selling temporary tags for monetary gain, etc. may also result in substantial civil penalties (up to $5,000 per day, per occurrence), suspension, or license revocation.
TENNESSEE DEPT OF REVENUE for RECON
Attention: TN Rebuilders
The Tennessee Department of Revenue is making a change to the rebuilt vehicles application process to ensure compliance with repair requirements and to better serve all rebuilders. Beginning January 15, 2024, the Department will require a picture of the vehicle after repairs have been made. If pictures of both damaged areas and final repairs are not included with your application, approval will be delayed or denied until the information is received. The updated Application for Motor Vehicle Identification Certification for Rebuilt Vehicles is attached and available at:
https://www.tn.gov/content/dam/tn/revenue/documents/forms/titlereg/f1315401Fill-in.pdf
As a reminder, Tennessee Code Annotated § 55-3-206 requires vehicle repairs to be complete and in accordance with manufacturer’s safety specifications before submitting the application. By signing the Certification Section, you are affirming all repairs were made. If it is determined during the inspection that the vehicle repairs have not been made, the vehicle is not available for inspection, or it was sold prior to the inspection, you could be subject to criminal and civil sanctions. Furthermore, submission of a false application could result in rejection of the application.
If you have any questions about this change, please contact Special Agent Manager Keith Jeffers at keith.jeffers@tn.gov.
Sincerely,
Tommy R. Sneed, Jr
Director of Special Investigations
Tennessee had 30 attendees to the NIADA 2024 Convention
2022 TENNESSEE'S Quality Dealer of the Year is NATIONAL DEALER Finalist at '23 NIADA's Convention
Tennessee had 30 attendees to the NIADA 2024 Convention
Make plans to attend: NIADA.com
2024 NIADA BHPH DEAELER FORUM- NOVEMBER 10-12th at New Orleans Marriott
2025 NIADA Convention
June 23-26th at Fontainebleau Las Vegas
____ SPECIAL NEWS BULLETIN____
TENNESSEE DEPT OF REVENUE NEWS:
Claim Period for Franchise Tax Property Measure (Schedule G) Refunds Openss
NASHVILLE - Attention eligible business owners: the claim period for franchise tax property measure (Schedule G) refunds opens today. There’s limited time to file for this refund.
On May 10, 2024, Governor Bill Lee signed Public Chapter 950 (2024), which eliminates the property measure from the franchise tax calculation and authorizes the Department of Revenue to issue franchise tax refunds to eligible taxpayers. Taxpayers who paid the franchise tax on the property measure using Schedule G for tax years ending on or after March 31, 2020, for which a return was filed with the department on or after January 1, 2021, are eligible for a refund.
To obtain a refund, eligible taxpayers must amend their franchise and excise tax returns for all eligible tax periods and file a Claim for Refund of Franchise Tax Paid on Property Measure (Schedule G) form. Both the amended returns and the refund claim form must be submitted by November 30, 2024.
The Department of Revenue has sent letters via U.S. Mail to taxpayers who are potentially eligible for these refunds. Regardless of whether you receive a letter, the department encourages taxpayers to review their records and/or consult a tax professional to determine if they qualify for a refund. The department has also created a website with frequently asked questions, a recorded webinar with a demo on how to file your refund claim , and other resources to assist taxpayers.
“We encourage eligible taxpayers to file for these refunds as soon as possible,” Revenue Commissioner David Gerregano said. “Electronic filing of claims is recommended, as it may expedite the process.”
The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws and the collection of taxes and fees associated with those laws. The department collects about 87 percent of total state revenue. During the 2023 fiscal year, it collected $22 billion in state taxes and fees and more than $4.6 billion in taxes and fees for local governments. To learn more about the department, visit www.tn.gov/revenue.
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According to TN Motor Vehicle Commission
Independent Dealers are:
75% of all Car Sales
86% of all Car Dealers
Delivering what the Dealers want:
Delivering what the Dealers want:
Delivering what the Dealers want:
Automotive Dealers have questions,
we have answers!
Call us for problem-solving, 931-265-6143
JOIN- CONNECT-SAVE
In June 2023, FTC passed
Safeguards Compliance requirements.
Solutions:
TIADA (TEXAS) is offering an online class for $75 to the qualified individual (owner/office manager) that can be taken in 1 hour. Your employees can take the 30 minute abbreviated version for $50 each. Group rates apply.
Call Karen, 931-265-6143 for more information or call TEXAS INDEPENDENT AUTO DEALERS ASSOC.
TNIADA HAVE MANY COMPLIANCE PARTNERS that can easily help assess what you need:
Precise Cyber- Nashville, TN
Ignite Consulting
SubRose
Hudson Cook
Advocacy and Representation
Delivering what the Dealers want:
Delivering what the Dealers want:
We advocate for the interests of our members and represent them in legislative and regulatory matters. Join us to have your voice heard and influence policy decisions. 2024 President Jon Davachi and the Board of Directors are here to help
NATIONAL ISSUE: RIGHT TO REPAIR:
Consumers and their designees should have access to their motor vehicle data, critical repair information, tools to repair their vehicles, and not be limited in their choices for the maintenance, service, and repair of their vehicles. Congress should pass H.R. 906, the “Right to Equitable and Professional Auto Industry Repair Act” (REPAIR Act), as it promotes consumer choice, consumer control and safety. Additionally, Congress should pass H.R. 1707, the “Save Money on Auto Repair Transportation Act (SMART Act), as it would permit alternative parts suppliers to sell aftermarket collision repair parts after a certain time period expires, reducing the consumer’s costs and expenses.
BACKGROUND
The REPAIR Act was re-introduced in February 2023. The REPAIR Act is a bi-partisan proposed bill to require original equipment manufacturers (OEMs) to provide a vehicle’s owner with certain data generated by the operation of the vehicle related to diagnostics, repair, calibration and service through a standardized access platform. The bill would also prevent OEMs from mandating specific brands of parts, tools or equipment be used on a vehicle (absent a recall). The proposed legislation allows a vehicle’s owner to designate access of vehicle data to any repair shop of their choice or to personally retain the data. The REPAIR Act will prioritize vehicle and data security by requiring the National Highway Traffic Safety Administration, in consultation with the Federal Trade Commission, to establish rules for access to data through the standardized access platform and establish guidance to ensure the security of vehicle-generated data and vehicles within 1 year of its enactment.
Exclusive Resources
Delivering what the Dealers want:
Exclusive Resources
As a member of our organization, access a range of exclusive resources to help you succeed in your career. From industry reports to mentorship programs, we have you covered.
2024 NEW Announcements:
4 NEW Board Members from each grand division of Tennessee in 2024:
1. Tim Duff - Earl Duff Pre-Owned Harriman,-East TN
2. Leo Solis - LP Automotive Shelbyville & City Auto of M'boro- Middle TN
3. David Meyer- Advantage GPS Partner Member- Statewide
4. Joseph Henderson - Parkway Cars & Tires and Car Country- Morgantown KYI
Consider joining the Board of Directors:
If you would like to submit a bio for board consideration please contact us, next deadline is OCT 31th, 2024
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Other Legislative Issues:
SMART ACT is a bi-partisan proposed bill that will narrowly amend patent law to reduce from 15 to 2.5 years the time that automakers can enforce design patents against alternative parts manufacturers on vehicle parts like bumpers, hoods, quarter panels, and side mirrors. The SMART Act will allow alternative parts suppliers to sell aftermarket collision repair parts once 2.5 years have elapsed from the date of the patent. The SMART Act would not alter the 14-year period that OEMs can enforce design patents against other manufacturers; it would impact only aftermarket repair parts.
JOIN, CONNECT and SAVE TOday-only $395 Annually
JOIN the Club, $395 Annual Membership
"WE WANT YOU!" - TNIADA includes:
- Supportive Board of Directors
- Resources and Information
- Affiliate partner assistance
- Auction Savings Program
- Downloadable free TNIADA App
- Save monthly on buy/sell fees
- Includes NIADA membership
- State and National Legislative Support
- 20 GROUP Membership
- Nationally-negotiated cost savings
- New Dealer Training with State of TN
- Retail Lending Events
- Membership Certificate/Clings
- Associate Directory on App
- Quarterly Town Hall Meetings across the state
- Access to dealer education
- NAAA Guidelines, PSI & Arb Training
- Support on FTC guidelines
- Employee Retention Credit
- Safeguards and compliance online training
- 2025 TNIADA Convention- APRIL
Helping Dealers THRIVE
A TEAM APPROACH: TNIADA's New/Active Dealer Education Training is Oct 1st, 2024 with TN Motor Vehicle Commission, & Vehicle Services at Manheim Nashville! We began these classes for Independents in 2022.
1. Chattanooga November 2022
2. Memphis May 10th, 2023
3. Murfreesboro October 3rd, 2023
4. Knoxville May 16th, 2024
Members benefit from training with associate members to provide a solid foundation.
Do you have a question or idea for us?
Let's talk about it.
JOIN- CONNECT- SAVE
931-265-6143
Thanks for supporting the Independent Dealers of TN
Independent Dealers: New auction partners offer savings
Download TNIADA at Google Play/Apple Store
Once you join the Association, you can have access to the savings:
First-time users:
Download for FREE
Tap on "Rewards"-Scroll down to "Register"
Fill out information and tap on "Submit"
Manager will approve your request
Activated dealers:
Go to Log-in, type in username/password
See list of participating auctions credits
Tap on auction "Credit"
Enter last six of VIN & Tap "Submit" an email will be sent to auction to credit dealer
*request credit at counter when shopping inlane while using app so they credit
FTC Safeguards Rule: What your Business Needs to KNOW
The Safeguards Rule took effect in 2003, but after public comment, the FTC amended it in 2021 to make sure the Rule keeps pace with current technology. While preserving the flexibility of the original Safeguards Rule, the revised Rule provides more concrete guidance for businesses. It reflects core data security principles that all covered companies need to implement.
This publication serves as the small entity compliance guide under the Small Business Regulatory Enforcement Fairness Act. Your best source of information is the text of the Safeguards Rule itself.
In reviewing your obligations under the Safeguards Rule, consider these key compliance questions.
Thank you for your support
TNIADA
Join fellow independent auto dealers and partners across the state and nation who are making a difference in motor vehicle industry. If you would like more information about joining TNIADA contact: 931-265-6143 or email Karen Brown, Karenbrown@tniada.com
Like us on fb: TN Independent Dealers Association
Contact us about Employee REtention Credits, We Can Help
Why Join TNIADA?
Thank you to our membership!
Coming to an auction near You~
The Tennessee Independent Automobile Dealers Association, Inc. is a not-for-profit 501 (c)6 organized in 2001 to support the interests of the independent car dealers.
Coming to an auction near You~
Thank you to our membership!
Coming to an auction near You~
TNIADA is the only state association affiliated and approved by NIADA, The National Independent Auto Dealers Association.
NOTE: The "join today" link below will connect you to the NIADA membership page. "Pick TN!" NIADA will keep $60 and send TNIADA $335, along with your membership information.
You may mail membership check:
TNIADA
3844
TNIADA is the only state association affiliated and approved by NIADA, The National Independent Auto Dealers Association.
NOTE: The "join today" link below will connect you to the NIADA membership page. "Pick TN!" NIADA will keep $60 and send TNIADA $335, along with your membership information.
You may mail membership check:
TNIADA
3844 Dickerson Rd Nashville, TN 37202
https://niada.com/become-a-member/
Or call to process via Square
931-265-6143
Thank you to our membership!
Thank you to our membership!
Thank you to our membership!