©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 BUILDING ON OUR PAST SUCCESSES By Jared Wyrick, President, WVADA SAVE THE DATE 8 CASINO ROYALE WVADA VIP Charity Gala COUNSELOR’S CORNER 10 THE ADVENTURE OF BUY-SELL By Johnnie Brown, Esq., Pullin, Fowler, Flanagan, Brown & Poe PLLC BY THE NUMBERS 14 CASH MANAGEMENT By Tasha Sinclair, CPA/ABV, Principal, Tetrick & Bartlett PLLC SAVE THE DATES! 16 MOTOR VEHICLE & TITLE REGISTRATION SEMINAR 17 WHY DEALERSHIPS SHOULD USE MARKET SALES DATA By Cross-Sell 2024 ISSUE 3 6 24 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 WEST VIRGINIA AUTO OUTLOOK 24 PROTECT YOUR DEALERSHIP FROM FRAUD AND CYBER THREATS Learn About the Latest Fraud and Cyber Threats, How To Defend Against Attacks and What To Do if You’re a Victim of Cybercrime By Truist Dealer Services 28 IN THE COMMUNITY 33 WVADA PREFERRED PARTNER PROGRAMS 34 EXECUTIVE COMMITTEE, BOARD OF DIRECTORS AND DIRECTORS AT LARGE Elaine Justice Office Administrator Jo Barker Office Administrator WVADA NEWS 4
RkJQdWJsaXNoZXIy MTg3NDExNQ==