What You Need to Know TODAY about FTC CARS Rule (January 2025)
Breaking News: Major Victory for Auto Dealers! Fifth Circuit Court Vacates FTC CARS Rule on January 27th, 2025 Great news for the automotive retail industry! The Fifth Circuit Court of Appeals vacated the FTC’s CARS Rule, finding that the Federal Trade Commission failed to follow…
How the NCGA is Helping Protect Dealership Data
WHAT YOU’LL FIND OUT IN THIS ARTICLE What is G.S. 20-305.7? G.S. 20-305.7 is a North Carolina law designed to protect car dealerships’ data and ensure they retain control over how their customer and operational information is shared, accessed, or used by manufacturers, distributors, and…
IRS 8300 Form For Car Dealers (2024)
Used car dealers receiving over $10,000 in cash in a single or related transactions must report it via IRS Form 8300 (PDF Form Rev. 12/23) within 15 days to combat money laundering. Related Posts:— Form 8300 and Reporting Cash Payments of Over $10K (IRS.gov)— Motor Vehicle…
24 Christmas Images for Your Facebook and Instagram Business Pages
Tis the season to schedule your Facebook and Instagram Christmas posts! Here are a few we have made and wish to share with all of you! Save these Images to Post on your Business Page Facebook and Instagram Christmas Images Free Facebook Business Page Images…
New NC Rules for Titling in a Business Name
There is a new law in effect for North Carolina businesses that want to title a vehicle in their Business/Corporation/Firm/or Partnership name. Below is a brief summary and then the full announcement: Summary: As of March 2023 you need the following when titling a vehicle in…
A List of Lender Resources for Used Car Dealerships
Updated January 7th 2025 One of the questions we hear the most when helping new used car stores get started is, “Do you know any used car dealer financing companies?” As a new used car dealership in the Carolinas, it is essential for you to…
Pros and Cons of Becoming a Buy Here Pay Here Car Dealer
What are the PROS for becoming a Buy Here, Pay Here car dealer? Low Start-up Costs: Buy here pay here dealerships require less capital to get started than traditional car dealerships because BHPH dealers usually hold later models and lower cost inventory. This allows entrepreneurs to…
FAQs for Becoming a Licensed Car Dealer In North Carolina
What are the requirements to get your dealer‘s license in North Carolina? To get a dealer‘s license in North Carolina you have do the following: You must be at least 18 years old Have a valid driver‘s license Complete the Checklist on the VS-415 Minimum…
Mobile Devices Becoming a MAJORITY of your Website Traffic
It‘s no surprise that mobile devices are now the primary method for people to view websites. I mean just consider your own web-browsing behaviors. We are, literally, attached at the hip with our iPhones and Androids. According to research, website traffic trends now show that mobile…
HOW TO: Import Credit Apps
If we host your dealership website and you utilize our secure online credit application then you have the option of importing submitted credit apps into your cloud-based DMS. Here’s how! 1. Access your online credit apps Login to your credit app backend by clicking the…
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About KGI
Over 20 Years in Business.
Based in Apex, NC.
Family-Owned and Operated.
Serving Dealers in the Carolinas.