The AG is Watching: How to Avoid an AG Investigation

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The New York Attorney General, like the NYCDCWP and FTC, is targeting dealership sales practices. A number of dealers are currently under investigation for lease buyout charges, dealer fees and the sale of value-added products.

Stevan LaBonte, Esq. of the LaBonte Law Group will discuss permissible sales, best advertising practices, and provide tips on how to stay in lawful compliance. Mr. LaBonte will also review how you can conduct a self-audit to determine if you are potentially at risk for civil penalties and/or fines.  

Topics include: 

  • Current investigations by local and state consumer agencies;

  • Lease buyout charges;

  • Understanding the rules for selling a vehicle over MSRP;

  • Doc Fees vs Other Dealer Fees (vehicle prep, administrative fee, etc.);

  • What must be included in an advertised price; and

  • Documenting the sale of value-added products.

Presenter:

  • Stevan H. LaBonte, Esq., LaBonte Law Group

Moderator:

  • Susan J. Bieber, Esq. Vice President Dealer Services, GNYADA 

About the LaBonte Law Group:

  • Our firm specializes in the representation of new vehicle automobile dealers on all aspects of dealership operations, including, employment law, franchise matters, consumer issues, DMV, AG/DCA complaints and audits, buy/sells, litigation and training.