Pub 1. Issue 1 2021

Succession planning is an essential business activity for dealer owners, whether you own an auto or truck dealership, implement dealership or heavy equipment dealership. This strategic approach is essential to estate planning and helps ensure sustainable business continuity after you’ve left the dealership business, be that through retirement, an unexpected life event or even death. A documented, approved and well-understood plan increases the likelihood the transition will go to the successor you choose and happen how you want.

1. It’s All About Developing Advocacy for the Industry
NADA’s sole political fundraising arm provides access to and influence on state and federal legislators to benefit our industry. NADA PAC supports automobile franchise-friendly legislators and offers opportunities to speak on issues that impact the profession, your dealerships, and your ability to service your customers.

Please join us for the 107th Annual Family Convention! There are great opportunities to make connections and learn from our wonderful sponsors, exhibitors, and members.
Registration started February 15th.

Montana automobile dealers have banded together to provide their employees with health insurance since the 1950s. Over the years, what this means and how it is done has evolved significantly. With the ever-increasing costs of new technologies and medical miracles combined with the for-profit and “fee for service” model adopted by most American hospitals, health care costs have consistently outpaced every other industry’s inflation.

From here on out, ACV’s innovative online auction marketplace is our preferred, licensed vendor providing resources for the wholesale vehicle buyers and sellers. When you use ACV, you’ll find excellent services, intuitive functions and great features that will help streamline your wholesale inventory process—saving you both time and money.

SCL Health has been a partner of the Montana Auto Dealer Association Trust since 2015. We are proud to offer medical resources to ensure members can access the health care they need, when and where they need it. Last year, the where became more important than ever before. While we implemented rigorous safety measures in our three hospitals and more than 50 clinics across the state, we also made sure patients could access health care providers without leaving home.

How did you become a car dealer? Did you always aspire to be part of the automotive industry?
I was born into this business. I am the fourth generation and we are one of the oldest Subaru dealerships in the country. I think we might be the second.

Benjamin Franklin once wrote, “An investment in knowledge pays the best interest.” He was right, especially when it comes to practical knowledge. Gaining knowledge — useful knowledge — is a clear strategy for learning how to add value.

If you feel the same way we do, you want to retire the word “unprecedented” and all the unexpected events of 2020. Our dealerships are open and selling, online and in person, and we are taking every opportunity we have to provide for our families and strengthen our communities.