Pub. 1 2019-2020 Issue 4

http://wvcar.com 4 WVADA CONTENTS HTTP://WVCAR.COM/ 22 Features ©2020West Virginia Automobile Dealers Association (WVADA) | The newsLINK Group, LLC. All rights reserved. TheWVADANews 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. The WVADA News is a collective work, and as such, some articles are submitted by authors who are independent of theWVADA.While theWVADANews 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. 5 President’s Message 6 Welcome: New Associate Member 9 By the Numbers: Tax Concerns for Car Dealers 10 Multigenerational Dealerships 12 Four Generations and Counting 14 Q&A With Mike and TimMatheny 18 Community Outreach 20 Counselor’s Corner: Motor Vehicle Dealers’ Rights with Franchise Laws 22 Using Data to Sell Cars 24 Do You Need a Digital Interpreter? 26 Smart Used Car Management Can Help Boost Profits During the Pandemic 28 WVADA Dealers Meeting with Candidates 32 Pandemic Perspectives: Safety, Service and Smart Messaging During Times of Crisis 34 In Loving Memory