Pub. 5 2024 Issue 4

©2024 West Virginia Automobile Dealers Association (WVADA) | The newsLINK Group LLC. All rights reserved. WVADA News is published four times each year by The newsLINK Group LLC for the WVADA and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the WVADA, its board of directors or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. WVADA News is a collective work, and as such, some articles are submitted by authors who are independent of the WVADA. While WVADA News encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at (855) 747-4003. Contents PRESIDENT’S MESSAGE 6 REFLECTING ON ANOTHER REMARKABLE YEAR By Jared Wyrick, President, WVADA 8 WVADA 2ND BOARD RETREAT 10 E-TITLE AND REGISTRATION SEMINARS SAVE THE DATE 11 WVADA VIP CHARITY GALA February 20, 2025 12 THANK YOU, 2024 GALA AND CONVENTION SPONSORS! 13 WVADA PRESIDENT’S CIRCLE 14 NAVIGATING THE DEALERSHIP BUY-SELL PROCESS How a Broker Can Guide You to a Successful Sale By Jamie Farley, Partner, Mark Shackelford Sr., Partner, and Mark Shackelford Jr., Partner, Performance Brokerage Services SAVE THE DATE 16 92ND DEALER FAMILY CONVENTION June 8-11, 2025 17 2025 TIME DEALER OF THE YEAR NOMINEE SHAWN BALL 2024 ISSUE 4 6 30 JARED WYRICK President HALEY JUSTICE Communications & Events Director WEST VIRGINIA AUTOMOBILE DEALERS ASSOCIATION 1618 Kanawha Blvd. E. Charleston, WV 25311 Phone: (304) 343-4158 wvcar.com MEET OUR TEAM 20 TIME DEALER OF THE YEAR PAST NOMINEES BY THE NUMBERS 22 RESTORING PROFITABILITY THROUGH FIXED OPERATIONS By Tasha Sinclair, CPA/ABV, Principal, Tetrick & Bartlett PLLC COUNSELOR’S CORNER 24 THE VEHICLE SHOPPING RULE AND THE JUNK FEE RULE By Johnnie Brown, Esq., Pullin, Fowler, Flanagan, Brown & Poe PLLC 26 WEST VIRGINIA AUTO OUTLOOK NADA HEADLINES 30 McCLINTON TURNS 110 And Celebrates Its Commitment to Quality and Community By Sheryll Poe, Consultant, NADA 33 IN THE COMMUNITY 41 WVADA PREFERRED PARTNER PROGRAMS 42 EXECUTIVE COMMITTEE, BOARD OF DIRECTORS AND DIRECTORS AT LARGE ELAINE JUSTICE Office Administrator JO BARKER Office Administrator WVADA NEWS 4

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