A LETTER TO OUR DEALERS ABOUT IADA-CVR

What We Get Accomplished with Your Support and Partnership

IADA is as strong as our members, you! Thanks for your participation in our Association Programs, especially IADA-CVR, which allow us to achieve so many of these accomplishments for you.

Product and transaction milestones/benefits

• Fully integrated All-State solution with ATC
• Increased customer ERT fee back to dealers
• Data Images of all processed docs within each dealership’s CVR system
• SOS transaction report within each dealership’s CVR system
• Fast/secure/error-free
• IADA University-Free training
• IADA-CVR has processed more than 16 million applications for our IL dealers over the last 10 years

Legislative accomplishments supported by dealer investment in CVR

• IADA passed legislation addressing Lease tax reform.
• IADA assisted passing legislation regarding warranty reimbursement increase.
• IADA passed legislation restoring the full tax trade-in credit.
• IADA passed legislation extending a 90-day driveaway permit.
• IADA passed legislation to reduce SOS late fees.
• IADA passed legislation to create a $20 Dealer reassignment title.
• IADA passed legislation twice to raise the allowable doc. fee to $300 (adjusted annually based on CPI).
• IADA passed legislation to allow dualing of multiple franchises under one roof.
• IADA passed legislation preventing manufacturers from owning or operating dealerships in Illinois.
• IADA passed legislation providing surviving dealerships with stronger termination rights.
• IADA passed legislation exempting dealers from a rental tax when loaner vehicles are issued under provisions of a warranty or service contract.
• IADA passed legislation to strengthen the IL Motor Vehicle Franchise Act (parts reimbursement at retail rate, double the time up to 30 days to file a protest, award expert witness fees).
• IADA passed legislation to bring dealers of large truck components under the Motor Vehicle Franchise Act.
• IADA defeated the Attorney General bill that would have required you to disclose your profit margin on all F&I contracts.
• IADA defeated legislation that would have created an unfair Gross Receipts Tax.
• IADA defeated legislation 5 consecutive years that would force dealers to open on Sundays.
• IADA defeated legislation that would create a 3-day cooling off period for vehicles.
• IADA defeated legislation that would create a “Used Car Buyer Protection Act.”
• IADA passed legislation reducing manufacturers audit period from 18 to 12 months for all incentive and
  reimbursement claims.
• IADA defeated legislation multiple times that would eliminate the dealer’s 1 ¾ % Retailers Sales Tax Collection Allowance.
• IADA defeated a proposal to allow inaccurate accident information on all Carfax reports.
• IADA passed legislation creating a $20 lien release title enabling dealers to complete the vehicle registration process quicker when a lender is slow delivering a certificate of title.

There have been many recent challenges with SOS working with a short staff, navigating through the pandemic, causing many potential disruptions for our dealers. Through it all, only IADA & CVR worked to provide work arounds at every potential disruption to ensure that our dealers could still get their work processed efficiently for their customers.

SPECIFIC TITLE & REGISTRATION ISSUES ADDRESSED:

• Dealer transactions were being locked at 20 days if not completed – IADA worked around.
• CVR worked with SOS to migrate to a more reliable VPN network to reduce any future connection disruptions.
• IADA worked to increase the allowable ERT fee to $35.
• IADA is working to eliminate the SOS late fees up to 45 days.