EFFECTIVE JANUARY 1ST, 2011
Recently NADA sent each dealer a direct link to two new dealer management guides available through NADA University. You should access and print both immediately. The guides explain TWO NEW RULES - BOTH went into effect on January 1st, 2011.
To view thees guides please visit the NADA University, log in to you account and click on the Driven Management Guides icon on the page. If you do not know you log in or pass code please contact the NADA University for assistance: 1-800-557-6232.
The first of these is The FTC Privacy Rule and the Model Privacy Notice. The FTC has made changes regarding how dealers should comply with the Privacy Rule. The old privacy notices will no longer be a "safe harbor,” and the new rule provides a "safe harbor” only for the new versions of a privacy notice. Dealerships need to ensure existing forms are modified accordingly.
iDealerSupplies.com has prepared a questionnaire to use in determining how your Model Notice should be prepared. That 2-page questionnaire is available by calling 208 853-4668. We will create and print your dealership's customized privacy form and send it to you for proofing.