Certified Master Dealer® Class Dates: Registration Deadline: Total Class Tuition: $2995



Download 319.05 Kb.
Date19.05.2018
Size319.05 Kb.
#49374
Certified Master Dealer®

Class Dates:

Registration Deadline:

Total Class Tuition: $2995

The following questions must be answered completely. Any applications received with unanswered questions will be returned for completion prior to consideration for approval.


Name (First, MI, Last)
______________________________________________________________________________
Company Name and Title/Position
______________________________________________________________________________
Mailing Address NIADA Membership #
______________________________________________________________________________
City State Zip Code
______________________________________________________________________________
Phone Number Fax Number State Dealer License Number
______________________________________________________________________________
Email Address Website Address
______________________________________________________________________________
THE FOLLOWING REQUIRED DOCUMENTATION MUST BE INCLUDED WITH THIS APPLICATION:


  • A short biographical sketch describing your professional experience over the last five years. (If you have been a licensed dealer for more than five years you may list the date you founded your dealership and include only other pertinent information you wish to disclose);

  • Current Dealership financial statements. Note: Financial Statements will be safeguarded and will not be made available to third parties without your written consent;

  • The number of units you sold in the preceding 12 months or in a defined 12‐month period;

  • Three letters of recommendation.

PLEASE ANSWER ALL OF THE FOLLOWING QUESTIONS:
1. Are you the "named" or one of the "named" dealer principal(s) of the dealership (Corporate

Officer)? _____ Yes _____ No
2. Are you a NIADA member in good standing? _____ Yes _____ No

How many years have you been a member? _____ years
3. Are you approved or licensed as an automobile dealer by your state and/or local unit of

government? _____ Yes _____ No
4. Have you ever been convicted of a felony? _____ Yes _____ No

If yes, please explain. (Use back of this page)
5. Is your established place of business occupied by you, as a dealer principal, continuously on a regular basis? _____ Yes _____ No
6. Are books and records kept at that location? _____ Yes _____ No
7. Is your "majority share of business" transacted at that location? _____ Yes _____ No
8. Are your business hours posted? _____ Yes _____ No
9. Are your business hours consistent with state regulations? _____ Yes _____ No
10. How many passenger cars and/or trucks do you maintain in inventory on a continuous basis? _____ What is your average “turn” per month? ________
11. Do you retail or lease 240 units per year or have annual gross sales of at least $1,000,000.00? _____ Yes _____ No
12. Do you have a minimum of five years automobile retail experience as a dealer principal?

_____ Yes _____ No


-----------------------------------------------------------------------------------------------------------------

Submit application with nonrefundable application fee of $195.00 to:

Georgia Brown, NIADA, 2521 Brown Boulevard, Arlington, TX 76006
METHOD OF PAYMENT:

_____ Enclosed is a check made payable to “NIADA Foundation”


_____ Visa _____ MasterCard _____ American Express _____ Discover
Card #_______________________________________________________________________
Cardholder’s Name Expiration Date Security Code ______________________________________________________________________________
Cardholder’s Signature____________________________________________________________
For Office Use Only

Approved by ______________________________________________Date_______________



Certified Master Dealer®

Eligibility Requirements

  1. Only a state licensed dealer principal operating as a proprietorship, partnership, corporation or limited liability company in the business of retailing (sale and/or leasing) motor vehicles (passenger cars and/or trucks) may submit an Application for Certification Candidacy. Dealer principal shall also mean a partner and/or officer of a licensed partnership or corporation.

  2. Dealer must be an NIADA member in good standing.

  3. Dealer must maintain an Established Place of Business, which meets, at a minimum, all of the following requirements:

    1. Approved/licensed location as an automobile dealership by their state and/or local unit of government

    2. Continuously occupied on a regular basis by the dealer

    3. Business books and records kept at the Established Place of Business

    4. A majority of the business transacted at the Established Place of Business

    5. Vehicle inventory kept at the Established Place of Business.

  4. The dealer must post and maintain regular business hours consistent with state regulations.

  5. Maintain an inventory of not less than 50 passenger cars and/or trucks (units).

  6. Sell at retail or lease a combined minimum of 240 units per year, or have annual dealership gross sales equal to at least $1,000,000.00. (Total gross sales may include service department/body shop.)

  7. Applicant must have minimum of five years of automobile retail experience as a dealer principal under the same dealer license and under the same dealership name.

  8. Applicant must submit dealership financial statements along with a minimum of three references (lenders, accountants, business associates, etc.).

  9. Dealership Associates (employees) may apply to receive CMD® training. Associate applicant must be currently employed by a CMD® designated dealer principal, or a dealer principal that has been approved as a CMD Candidate for training in order to attend training. Associates will be required to attend classroom training and pass all required examinations; however, upon completion, they will only receive Certificates of Participation, and will not receive the CMD® designation.

  10. CMD® designation and seal are awarded to an individual dealer principal in recognition of the qualifications and personal achievements of that dealer principal. The award is not granted to the dealer's business entity, and is therefore not transferrable.

  11. CMD® designation and use of the CMD® seal are awarded for a term/period of 36 months from the original award date. Each CMD® graduate must obtain a minimum of 12 credit hours of NIADA approved continuing education during each 36 month period to retain the CMD® designation. At least 12 hours of Continuing Education opportunities will be offered throughout the year.

  12. CMD® designation and CMD® seal remain the property of NIADA. The CMD® designation may be revoked by NIADA upon the dealer principal being convicted of a felony or in a case of dealer license being revoked by the appropriate state agency. CMD® designation may also be revoked if any questions on the application have been misrepresented.


Download 319.05 Kb.

Share with your friends:




The database is protected by copyright ©ininet.org 2024
send message

    Main page