CONTENTS Vol. 32 No. 1 Executive Director Joe McMahon / 217.753.0220 Illinois Automobile Dealers Association 300 West Edwards, Springfield, IL 62704 Chairman Mr. Sean Grant / 217.862.5300 Landmark Chrysler Jeep & Ford 2331 Prairie Crossing Dr., Springfield, IL 62711 Vice Chairman David Parkhill / 217.352.4275 Sullivan Parkhill Automotive 440 West Anthony Dr. Champaign, IL 61822 Secretary/Treasurer John Alfirevich / 708.429.3000 Apple Chevrolet, Inc. 8585 W. 159th St. Tinley Park, IL 60477 2022 OFFICERS ©2022 Illinois Automobile Dealer News | The newsLINK Group, LLC. All rights reserved. Illinois Automobile Dealer News is published four times each year by The newsLINK Group, LLC for the Illinois Automobile Dealers Association (IADA) 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 IADA, 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. The Illinois Automobile Dealer News is a collective work, and as such, some articles are submitted by authors who are independent of the IADA. While the Illinois Automobile Dealer 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. Illinois Automobile Dealers Association 300 West Edwards Street Springfield, IL 62704 T 217.753.0220 • F 217.753.3424 IllinoisDealers.com 6 Executive Director Message 8 IADA Counselor’s Corner: Caveat Venditor! — Dealership’s Legal Obligation to Return Customer’s Down Payment 12 IADA Consultant’s Corner: Before Back to the Basics, Let’s Get Management Right 16 Weighing In on EVs and the Value of Dealerships 18 Auto Buying Preferences 20 2022 Nominee for TIME Dealer of the Year Curtis Pascarella, Phillips Chevrolet Frankfort, Illinois 21 Celebrating The Champions Of Our Industry: Ray Fregia 21 Safety Leadership Starts With You 22 Warranty Reimbursement — Blazing a New Trail 24 The Ins & Outs Of Dealership Communication
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