How the New 25% Tariffs Effect the Used Car Market in North Carolina (April 2025)
The new 25% tariff on imported vehicles that took effect on April 3, 2025, is already pushing buyers away from new cars and toward used vehicles. Yay! That’s good news right!? Well, this shift is creating both challenges and opportunities for used car dealers here…
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…
How I used ChatGPT to Analyze an Inventory Sales Report to Show Me How to Make More Money in 2025
A Dealer in North Carolina allowed me to use his sold inventory data and work with ChatGPT to gain some valuable insights. What I didn’t expect, though, was the end result! I’ll take you step by step through this process so you too can walk…
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…
5 PRACTICAL things Auto Dealers SHOULD do with FTC Safeguard Rules
A lot of you auto dealers out there are looking for practical examples of what these new FTC Safeguard Rules will do to change your processes and behaviors at your dealership now that June 9th is upon us. Here are FIVE fun practical things you…
FTC Safeguard Rules for Auto Dealers (2023)
Information and resources for your dealership to be ready for the June 9th deadline The Safeguard Rules require your dealership to develop, implement, and maintain an information security program designed to protect customer information. In short, it’s a written plan of action outlining how your…
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…
About KGI
Over 20 Years in Business.
Based in Apex, NC.
Family-Owned and Operated.
Serving Dealers in the Carolinas.