Allied Members Directory

SERVICES FOR DEALERS

Throughout the year, GNYADA gathers industry specialists to hold educational seminars that help members comply with often complicated regulations affecting every aspect of dealership operations. Covered topics include sales tax rules, privacy, identity theft, OSHA’s Hazard Communication, franchise law and employment law. GNYADA also hosts special regional programs for our northern and east end dealers.

Dealer Facility Licensing GNYADA also assists dealers through the arduous licensing/amendment process. Operating franchised dealerships in NewYork requires dealers to follow numerous DMV, tax and other rules and requirements. Additional paperwork is needed when operating in New York City limits. Completing the application correctly and attaching the proper documentation and fees is mandatory; GNYADA’s experience and contacts help us guide both first-time NewYork dealers as well as established dealers through the system. Surety Bonds New York State Department of Motor Vehicles Law Section 415 requires new car dealers to have a $50,000 surety bond to secure or maintain their facility licenses. The Association assists dealers with surety bonds, out-of-state bonds, DCA bonds, Utility bonds, Games of Chance Bonds, ARISA Bonds and others. Since the program began, we have secured over 1,000 bonds for dealerships. GNYADA secures bonds for dealers through the“A”rated Selective Insurance at very reasonable rates. New car dealer bonds cost $300 and are valid for two years. GNYADA members can also purchase $25,000 used car bonds for their additional used car stores at $219. These are also valid for two years. Our bonds feature: • Simple application

2016 ALLIED MEMBERS DIRECTORY

• No required financial statements • 24-hour turnaround, when needed

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