2. Automotive Compliance Education gvo3 & Associates
Gil Van Over III, U.B.A.
Building a Compliant eDealership

3. Traditionalist v. Modernist

4. Traditionalist v. Modernist

5. Pulp or Electrons Still Have To Be Compliant

6. Traditionalist Benefits & Risks
Everyone is trained
Controls established
Easier for absentee owner
Industry may pass by
Perpetuate the perception
Millennials abhor paper
Safeguarding paper files
Data difficult to access
Limit geographic footprint

7. Modernist Benefits and Risks
Catching the wave now
Meet consumer demands
Process efficiency
Improved safeguards
Flip the perception
Easier access to data
Expand footprint
Bleeding Edge
Retrain entire staff
Converting old timers
Establish new controls
Backup retention
Data breaches

8. “If two can be one, who is the one two becomes?” Daryl Hall
A thing made by combining two different elements; a mixture.

9. The Kodak Story

10. The Paper Trail Desking Menu A/D Buyer’s/Lease Order RISC/Lease
Enrollment Forms

11. Credit Score Disclosure Notice Red Flags Verification
The Paper Trail
Credit Score Disclosure Notice
Used Car Buyer’s Guide
Privacy Notice
Adverse Action Notice
Red Flags Verification
OFAC

12. Online Credit Application