Join us for a one-day comprehensive compliance training seminar December 14. Details below…
We wish you and yours a very Happy Thanksgiving!

So staff at CADA can spend time with family and friends, the CADA offices will be closed Thursday and Friday, November 23-24 — and we’ll be back in the saddle Monday, November 27, bright and early!
Auto Dealer Compliance Boot Camp
A one-day comprehensive compliance training seminar
Please join CADA and Fairfield and Woods for a full day of auto dealer compliance training Thursday, December 14, 2017, at Fairfield and Woods. One registration covers the full day of compliance sessions that are designed for you as a dealer/owner or general manager, and others for your team leaders: Sales, Marketing, Human Resources, Finance and Controller.
Get the details now!
What:     Auto Dealer Compliance Boot Camp
When:    8 a.m. – 6 p.m. Thursday, December 14, 2017
Where:   Fairfield and Woods
               1801 California St.
               Suite 2600
               Denver, CO  80202
               FREE Garage parking!
Register now!
How to avoid an unclaimed property audit

How to avoid an
unclaimed property audit —


and the hefty fines that could go along with it

You know about the Great Colorado Payback, right? It’s the place where the state centralizes abandoned property and tries to return it to its rightful owner. Its intentions are good, but did you know that as an auto dealer, the law requires you to turn over all your unclaimed property to the state? And then you need to file a report that lists the unclaimed property — every year?
No? Well how about this: Failing to do so could lead to an audit or civil penalties. In fact some dealers in the Denver metro area have already received ‘the letter.’
Don’t be one of them.
Get more info now!
You'll Learn:
  • What unclaimed property is and which types auto dealers typically hold
  • The different types of unclaimed property and the dormancy period for eachHow to file an annual report with the Unclaimed Property Office
  • When property is ‘abandoned’ — and the process for turning it over to the state
  • What to do if you get an audit notice
  • Your legal liability for unclaimed property and penalties for non-compliance
Reserve your seat now!
Manufacturer News
Volvo wins Uber’s first robotaxi order
Volkswagen to invest $27 billion in core brand until 2022
Electric Vehicle Updates
Automakers rush to build EVs and worry how many people will buy
Time short for Chevy’s Bolt to take charge
And Tesla
Did Elon Musk just say Tesla’s new Roadster will fly?
The Tesla Roadster will start at $200,000
Autonomous Cars
Resist the driverless dystopia!
Milestones, Highlights & Transitions
Larry H. Miller Dealerships donates $10,000 to the Boys & Girls Clubs of Metro Denver during ‘5 Weeks of Giving’

Representatives from Larry H. Miller Dealerships will present a check for $10,000 to the Boys & Girls Clubs of Metro Denver on Wednesday, November 22 as part of the dealership group’s “5 Weeks of Giving.” The campaign is an effort to help enrich the lives of Coloradans throughout the holiday season.

The $10,000 grant will help support the after-school programs and operations of the newest Boys & Girls Club in Green Valley Ranch, which opened its doors in August. The after-school programs focus on academics and career readiness, character and leadership development and health and wellness. The expansion of the Boys & Girls Club provides a safe, accessible space in communities of need where kids can access increased opportunities to learn, grow and develop while having fun, as well as receive positive recognition and reinforcement.

The donation is being presented at 3:30 p.m. at the Johnson Boys & Girls Club; 3325 W. 16th Ave.; Denver, CO 80204. Larry H. Miller dealership employees across Colorado are presenting more than $60,000 in monetary donations to various charitable programs, conducting collection drives in support of children and families and volunteering their time in the communities they serve.

Assistance from Larry H. Miller Charities, the charitable arm of the dealership group, is directed toward women and children’s programs, with an emphasis on health and education. In large part, funds are generated through employee contributions.
CADA Insurance Services
Your renewal for your health benefits is probably due. Just like getting a second opinion on your personal health, call CADA Insurance Services to get a complete analysis on the benefits you offer your employees. You may be surprised at the savings — and increased benefit coverage — you and your employees could enjoy. Call Craig Gordon today to find out how much you can save.
Call Craig Gordon today to find out how much you can save!
Legislative Grassroots Meetings
Legislative Grassroots Meetings were key to CADA’s success at the state capitol during the 2017 legislative session. Dealer participation is crucial to the success of these meetings, so please attend one or two of these upcoming meetings.

As you can see, dealers are now hosting Legislative Grassroots Meetings at their dealerships. If you would like to invite a legislator to your dealership, please contact Michelle O’Connor, Legislative and Communications Manager, or 303.457.5113. We look forward to seeing you!

Tuesday, December 5, 11:30 a.m. — Edgewater Mayor Kris Teegardin
US Thai
5228 W 25th Ave., Edgewater 80214
Regulatory & Compliance

Call Your Senator TODAY to
Preserve Deductibility of Floor Plan
Interest in Tax Reform Bill

It’s imperative that we as a community of auto dealers and dealership employees take collective action to educate lawmakers regarding a major threat to dealerships that is included in the current version of the Senate tax bill.

As currently written, the Senate’s tax bill would limit the deductibility of business interest, including floor plan interest, to 30 percent of adjusted taxable income. As interest rates increase, this would result in dealers paying higher taxes even when a dealership does not show a profit. This is a tax increase for your business and could be especially devastating to cash flow, particularly to many of our smaller members, during an economic downturn.

The Senate tax reform bill is still being drafted and could be voted on as early as the week of November 27.

Take action now!
Bonds & Forms
CADA has a fillable bond request form for new sales people! This new, fillable PDF form makes it easier, faster and more accurate for us to turn around your salesperson bond request. Because there’s no handwriting to decipher with this form, bond turnaround can be faster than ever. Just download the form, electronically fill it out and return to Khorrie Luther ( Questions? Call Khorrie: 303.457.5122.
Download the form
Contact Khorrie
Upcoming Events & Seminars
Colorado Safety Association   -   November Schedule of Events
Seminars (** Register Early Save $10) 
Hazard Communication and GHS Training**
December 7 (8:00 am to 10:30 am)

Course covers the Hazard Communication Standard and the Globally Harmonized System (GHS). You will learn:
• Roles and responsibilities under the Hazard Communication Standard
• Hazardous Chemical Classifications
• OSHA’s new labeling requirements including the meaning of the pictograms, signal words, hazard statements, precautionary statements, signal words and supplier information.
• The new format for content of Safety Data Sheets (SDS)
Participants will receive a walled-sized GHS Reference card and a certificate of attendance.

Member: $60     Alliance Member: $60     Non-member: $75
This session is approved for the Pinnacol Safety Group
 - - -

First Aid /CPR and AED*
NSC First Aid / CPR and AED
December 12 (8:00 am to 2:30 pm)

Do you have the confidence to respond in an emergency? CSA offers the National Safety Council First Aid /CPR & AED training. This nationally recognized training provides the life-saving skills you need to handle an emergency until a professional arrives!

Course content includes: Breathing and cardiac emergencies, identifying and caring for bleeding, sudden illness and injuries; preventing disease transmission; allergic reactions.

This course meets the requirements of the OSHA First Aid Standard (29CFR 1910.151). First Aid Certificate is good for two years; CPR Certificate is good for two years.

All Participants: $65
- - -

** Seminars marked with ** will save $10 on the listed fee when you register early. Early registration savings expire two (2) weeks prior to the seminar.

*These Sessions are Pinnacol Safety Group Approved.
Complete Course Information and Registration - Click Here
Advertising Compliance
(available online)

CLICK HERE for more information
To purchase a copy, please contact:
CADA Headquarters: 303.831.1722

Endorsed Provider News
Top 10 Trends Impacting the Automotive Industry Today

Over the last decade, the automotive industry has experienced record lows followed by record highs. While the future is full of uncertainty, it is also full of opportunity, and Cox Automotive strives to help clients navigate this ever-changing marketplace. Click here to learn the 10 trends that we believe will have the greatest impact on automotive businesses in the near-term and long-term. Read more.
Federated Insurance’s – It's Your Life

Hire a Specialist!
Your life’s work should not be left to chance

If a family member had a serious heart condition that required surgery, we would surely seek out the best cardiovascular specialist available to perform the operation. The same should hold true when seeking advice on our estate and business succession plans.

Our families and businesses deserve the benefit of expert advice. We need legal advisors and other facilitators specifically trained and experienced in dealing with the estates of business owners. Many lawyers who are general practitioners are adept in handling common legal affairs. But, few of them would attempt to develop a sophisticated estate plan that could provide the specialized legal documents you may need. Just as we would not likely ask our family doctor to perform open heart surgery, neither should we assume that a generalist attorney is qualified to develop a complex estate and business succession plan.

In addition to technical expertise, estate-planning attorneys often have developed the skill to explain complex issues to us in understandable terms. Since these attorneys regularly deal with multifaceted challenges facing family business owners, they can focus on listening. And because they may be more skilled and experienced in working with other advisors, they have a greater ability to direct the planning process to a successfuland cost- effectiveoutcome.

Federated is committed to helping family business owners complete this important planning. This is why our marketing representatives can help our clients locate attorneys specializing in estate planning and personally help facilitate much of the “leg work” that can make the process go more smoothly. Your local Federated representative would be happy to visit with you about this.

After all, your life’s work should not be left to chance.

We’re shooting for new heights — and with your help, EVERYONE wins!

Turn your donation into a scholarship!
Help a student.
Help the environment.
Help yourself.

To date, the Clear the Air Foundation has received 533 cars and several cash donations from dealerships that don’t receive old, high polluters in trade.
Our goal is to recycle 800 cars by the end of the year. We’re more than halfway there — and we need your help!
To make a donation, contact George Billings, Director: 303.775.8896

For information about any of the Endorsed Provider’s products or services, contact
Polly Penna 
303.457.5119 office  |  303.945.6426  mobile
Copyright © 2017 CADA, All rights reserved.

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