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2013 Data Source Book

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2013 DATA SOURCE BOOK

Published By General Media LLC

Used Car News

(ISSN 1555-7413) is published at 24114 Harper, St. Clair Shores, MI 48080

Phone: 586-772-5200

800-794-0760

Fax: 586-772-9400

Web Address: www.usedcarnews.com

Charles M. Thomas Founder (1947-2002)

Lynda R. Thomas, Publisher

Colleen Fitzgerald, General Manager

Editorial:

Ted Craig, Managing Editor Jeffrey Bellant, Staff Writer

TO OUR READERS

To Our Readers:

In this data-driven world, Used Car News’ goal has always been to provide dealers (both independent and franchise), remarketers, manufacturers, suppliers and all others in the used car industry with the information to make thoughtful, insightful and intelligent business decisions.

We’re proud to present this 16th annual edition of the Data Source Book – in print and online – as a reference tool for our readers.

Preparation and compilation of the Data Source Book is a major undertaking, requiring the support of advertisers, the dedication of our staff and data from a wide array of sources throughout the industry.

We’d like to thank Autodata Corp.; Tom Kontos, executive vice president of analytical services, ADESA Inc.; Ken Shilson, founder, National Alliance of Buy-Here, Pay-Here Dealers; Tom Webb, chief economist, Manheim Consulting; and Experian Automotive.

Contributing Writers: Jenny King, Sheila McGrath, Tony Moorby

Advertising: Shannon Colby, Megan Frump, Marie Hingst

Circulation: Helen Thomas

Production:

Josie Godlewski, Media Manager Tim Montie, Graphic Designer

and

Total Wholesale Supply - Off-Rental

Average Mileage – Rental Risk Units

Average Auction Price – Rental Risk Units

$18,000

$17,000

Source: Manheim Consulting $9,000

Source: Manheim Consulting

WHOLESALE

Source: Manheim Consulting

Lease Penetration

(Personal Use Leases as a Percentage of Total New Vehicle Sales)

Source: ADESA Analytical Services

Wholesale Used Vehicle Price Trends - YTD Through December

Source: ADESA Analytical Services

NEW AND USED VEHICLE SALES

Source: Manheim Consulting

New Vehicle Inventories and Dealer Floor Plan Financing at Franchise Dealerships

Source:

The Nation’s Leading Independent Auto Auctions at Your Service

LINCOLN AUTO AUCTION

11909 US Hwy. 6 • Waverly, NE 68462

(402) 475-5500 • www.lincolnautoauction.com

GSA, New Car Trades, Financial Institutions, Banks and Repo/Fleet Companies Sale: Wednesday, 10 a.m.

PORT CITY AUTO AUCTION

PO BOX 220 • Route 197, Richmond, ME 04357

(207) 737-4193 • www.acadia-auctions.com

ARI, TD Bank, Credit Unions, AutoIMS, Dealer Trades Sale: Thursday, 9:30 5 Lanes 400+cars; Live Sale & Simulcast all lanes

DEALERS AUTO AUCTION OF IDAHO

3323 Port St. • Nampa, ID 83687 (208) 463-8250 • www.daaofdaho.com

GSA, Westlake Financial, ARI, Emkay, Online 24/7 with SmartAuction, Openlane, and OVE

SALE: Wednesday, 9:30 a.m. (Live & Simulcast) INOPERABLE SALE: Monthly

GREATER TYLER AUTO AUCTION

11654 State Hwy 64W • Tyler, TX 75704 (903) 597-2800 • www.greatertyleraa.com

Auctioneer #8083

ARI, SRG, New Car Units, Banks, and Credit Unions

SALE: Tuesday, 5 p.m.

VALUE AUTO AUCTION, LLC

3776 State Route 93 Northeast • Crooksville, OH 43731

(740) 982-3030 • www.valueautoauction.com

SALE: Thursday, 11 a.m. REPOS: Thursday, 10:30 a.m.

Dealer Cash Drawings Weekly

NORTH EAST PENNSYLVANIA AUTO AUCTION

860 North Keyser Avenue • Scranton, PA 18504 (570) 207-2277 • www.nepautoauction.com

700-900 GSA Vehicles Weekly, Key Bank, FNB Corp/ Regency, PAR North America

SALE: Tuesday at 10 am INOP SALE: Weekly 9:30 am SALVAGE SALE: Weekly

LUBOCK AUTO AUCTION

1122 E 34th St. • Lubbock, TX 79404 (806) 744-1444 • www.LubbockAA.com

Auctioneer # 7900

GM Financial Repos ARI, GEC PLUS Fleet/Lease & Repos

SALE: Thursday, 10 a.m. AWG Simulcast & Auto IMS

OKLAHOMA AUTO EXCHANGE

2728 SW 25th • Oklahoma City, OK 73108 (405) 680-8660 • www.okaex.com

750 weekly Lease Plan USA, Automotive Solutions PH&H, Over 400 franchise store trades every week.

GREATER MILWAUKEE AUTO AUCTION

8711 W Brown Deer Rd • Milwaukee, WI 53224 (414) 365-3500 • www.gmaa.com

Sale: Thursday 9:30 a.m.

GM Sponsored sale, Ally Financial, GM Financial

DEALER’S CHOICE AUTO AUCTION

503 Wapello S Hwy 61 • Mediapolis, IA 52637 (319) 394-3510 • www.dcaa.com

Sale: Tuesday 6 p.m. Repo: Every 3

CENTRAL AUTO AUCTION

185 Welton St. • Hamden, CT 06517 (203) 787-2277 •www.centralaa.com

GSA, New Car Trades, Absolutes, Donations, Fleet / Lease, Repos ONLINE: 24 / 7 - ove.com, openlane, smartauction

LIVE SALE: Tuesday, 10:30 a.m.

SIMULCAST: Tuesday, 10:30 a.m. Auto IMS, Auction Access

MEMPHIS AUTO AUCTION

3719 Old Getwell Rd • Memphis, TN 38118 (901) 795-7634 • www.memphisautoauction.com

Emkay, FLD, CPS, UACC, AR

Best New Car Store Trade Lanes Vehicles available online and inlane

Salvage: Wednesday, 8:15 a.m. Drivethru: Wednesday, 9:15 a.m.

PowerSports next to last Wed, monthly

FARMINGTON AUTO AUCTION, INC.

1661 W Murray Drive • Farmington, NM 87401 (505) 326-1005 • www.farmingtonautoauction.com

Capital One, ARI, GSA, New Car trades

SALE: Wednesday, 10 a.m.

Sign up for Simulcast at farm.autoremarketers.com

PERRY’S AUTO AUCTION

628 South Main Street •Swainsboro, GA 30401 (478) 237-8270 • www.perrysautoauction.com

GSA, Georgia Power, Enterprise, FLD, LeasePlan, Dealer Trades

SALE: Thursday, 11:00 a.m. Live Simulcast Weekly

Certified Pre-Owned Retail Sales

U.S. Vehicle Registrations - New

U.S. Vehicle Registrations - Top 10 Models

Top 2O Used Auto Lenders by Marketshare

Source: Experian Automotive

FINANCE DATA

Top 10 New Lessors

Source: Experian Automotive
Source: Experian Automotive Source: Experian Automotive

FINANCE DATA

New Financing by Term

Financing by

Nearly

Source: Experian Automotive

Sales

Ratio Comparisons: 2010 – 2012

Operating Expenses

NOTES TO RATIO COMPARISONS: **Compensation excludes those of the owners. ***Gross profit is net of bad debts and financing income x = times

Source: Prepared for NABD by Shilson, Goldberg, Cheung and Associates LLP

Loss Statistics – 2012

Gross Proft 2010 – 2012

Information

STATE DEPARTMENTS OF MOTOR VEHICLES

ALABAMA

Department of Motor Vehicles (334) 242-9000 www.ador.state.al.us

ALASKA Division of Motor Vehicles (907) 269-5551 www.alaska.gov/DMV

ARIZONA

Department of Transportation Motor Vehicle Division (602) 255-0072 www.azdot.gov/mvd

ARKANSAS

Department of Finance and Administration Offce of Motor Vehicles (501) 682-4692 www.dfa.arkansas.gov

CALIFORNIA

Department of Motor Vehicles (800) 777-0133 www.dmv.ca.gov

COLORADO

Division of Motor Vehicles (303) 205-5607 www.mv.state.co.us

CONNECTICUT

Department of Motor Vehicles (860) 263-5700 www.ct.gov/dmv

DELAWARE

Division of Motor Vehicles (302) 744-2500 www.dmv.de.gov/

FLORIDA

Department of Highway Safety and Motor Vehicles (850) 617-3003 www.fhsmv.gov

GEORGIA

Department of Revenue (404) 968-3800 wwwmotor.etax.dor.ga.gov

HAWAII

Department of Commerce and Consumer Affairs (808) 768-3392 www.hawaii.gov

IDAHO

Department of Transportation (208) 334-8000 www.itd.Idaho.gov

ILLINOIS

Department of Motor Vehicles (217) 782-7817 www.cyberdriveillinois.com

INDIANA

Bureau of Motor Vehicles (888) 692-6841 www.in.gov/bmv/

IOWA

Motor Vehicle Division (800) 532-1121 www.iamvd.com

KANSAS

Department of Revenue/DMV (785) 296-3621 www.ksrevenue.org/

KENTUCKY

Department of Motor Vehicles (502) 564-5301 www.transportation.ky.gov/

LOUISIANA

Offce of Motor Vehicles (225) 925-6146 omv.dps.state.la.us

MAINE

Bureau of Motor Vehicles (207) 624-9000 www.maine.gov/sos/bmv/

MARYLAND

Motor Vehicle Administration (800) 950-1682 www.marylandmva.com

MASSACHUSETTS

Registry of Motor Vehicles (617) 351-4500 www.mass.gov/rmv

MICHIGAN

Secretary of State Bureau of Driver and Vehicle Records (517) 322-1460 www.michigan.gov/sos

MINNESOTA

Department of Public Safety Driver and Vehicle Services (651) 297-2005 www.dps.state.mn.us

MISSISSIPPI

Department of Public Safety Motor Vehicle Licensing Bureau (601) 987-1212 www.dps.state.ms.us

MISSOURI

Department of Revenue Motor Vehicle Bureau (573) 751-4300 www.dor.mo.gov/motorv

MONTANA

Department of Justice Motor Vehicle Division (406) 444-3933 www.doj.mt.gov/driving

NEBRASKA

Department of Motor Vehicles (402) 471-2148 www.dmv.state.ne.us

NEVADA

Department of Motor Vehicles (877) 368-7828 www.dmvnv.com

NEW HAMPSHIRE

Division of Motor Vehicles (603) 271-2251 www.nh.gov/safety/divisions/dmv/

NEW JERSEY

Motor Vehicle Commission (888) 486-3339 www.nj.gov/nj/trans

NEW MEXICO

Motor Vehicle Division (888) 683-4636 www.mvd.newmexico.gov

NEW YORK

Department of Motor Vehicles (518) 486-4714 www.dmv.ny.gov

NORTH CAROLINA

Division of Motor Vehicles (919) 715-7000 www.ncdot.org/dmv/

NORTH DAKOTA

Department of Transportation Division of Motor Vehicles (701) 328-2500 www.dot.nd.gov

OHIO

Bureau of Motor Vehicles (614) 752-7636 www.ohiobmv.com

OKLAHOMA

Department of Public Safety Motor Vehicle Division (405) 521-3221 www.dps.state.ok.us

OREGON

Department of Motor Vehicles (503) 945-5000 www.oregon.gov./odot/dmv

PENNSYLVANIA

Department of Transportation Driver and Vehicle Services (800) 932-4600 www.dmv.state.pa.us

RHODE ISLAND

Division of Motor Vehicles (401) 462-5746 www.dmv.ri.gov

SOUTH CAROLINA

Department of Motor Vehicles (803) 896-5000 www.scdmvonline.com

SOUTH DAKOTA

Department of Revenue Motor Vehicle Division (605) 773-2549 www.state.sd.us/drr2/motorvehicle/

TENNESSEE

Motor Vehicle Commission (615) 741-2711 www.tn.gov/commerce/boards/mvc

TEXAS

Department of Transportation Motor Vehicle Division (888) 368-4689 www.txdmv.gov

UTAH Department of Motor Vehicles (800) 368-8824 www.dmv.utah.gov

VERMONT Department of Motor Vehicles (802) 828-2000 www.dmv.state.vt.us

VIRGINIA Department of Motor Vehicles (804) 497-7100 www.dmv.state.va.us

WASHINGTON

Department of Licensing Dealer Services (360) 902-3600 www.dot.wa.gov

WEST VIRGINIA

Division of Motor Vehicles (800) 642-9066 www.transportation.wv.gov

WISCONSIN

Department of Transportation Division of Motor Vehicles (608) 266-1425 www.dot.wisconsin.gov

WYOMING

Department of Motor Vehicles (307) 777-4717 www.dot.state.wy.us

DISTRICT OF COLUMBIA Department of Motor Vehicles (202) 727-5000 www.dmv.dc.gov

Compiled by Used Car News staff. All Information verifed as of 3-28-13

INDEPENDENT AUTO DEALERS ASSOCIATIONS

ALABAMA IADA

Randy Jones, Executive Director PO Box 19627 Birmingham, AL 35219 120 Vulcan Road (35209-4702) 205-942-1000 | 800-239-2423 Fax 205-942-3565 randy8242@usa.net www.alabamaiada.com

ALASKA

NIADA Direct State

ARIZONA IADA

Dave Warkentin, Executive Director 6350 East Thomas Rd, Ste. 135 Scottsdale, AZ 85251 602-246-1498 | 800-352-4232 Fax 602-246-1573 aiada@aiada.net www.aiada.net

ARKANSAS IADA

Lamar Murphy, Executive Director P O Box 147 124. S. Jackson, Ste. 302 Magnolia, AR 71754 870-234-9468 | Fax 870-234-9478 lamar.murphy@arkiada.org www.arkiada.org

CALIFORNIA IADA

Larry Laskowski, Executive Director P O Box 343 Roseville, CA 95661 916-601-4976 larry@iadac.org autoview@surewest.com www.iadac.org

CAROLINAS IADA (NC and SC)

John W. Brown, Executive Director P O BOX 1088 5643 Harrisburg Industrial Park Dr. Harrisburg, NC 28075 704-455-2117 | 800-432-4232 Fax 704-455-6810 jbrown@theciada.com www.theciada.com

COLORADO IADA

Todd O’Connell, Executive Director 950 Wadsworth Blvd., Ste. 101 303-239-8000 | 800-569-1899 Fax 303-237-3305 toddo@ciada.org www.ciada.org

FLORIDA IADA

Lisette Mariner, Executive Director 1840 Fiddler Court Tallahassee, Fl 32308 850-385-2712 | 800-237-0448 Fax 850-385-3251 lisette@fada.com www.fada.com

GEORGIA IADA

Paul John, Executive Director 6903 Oak Ridge Commerce Way SW Austell, GA 30168 770-745-9650 | 800-472-8101 Fax 770-745-9655 paul@giada.org www.giada.org

HAWAII IADA

Bill Schmidtke, Administrator PO Box 30151 Honolulu, HI 96820-0151 808-393-9172 admin@hawaiiadmin.com www.hawaiiiada.com

IDAHO IADA

Brenda Dudley, Administrative Dir. 3323 Port St Nampa, ID 83687 208-463-7709 | 800-950-8227 Fax 208-463-9601 brenda@isiada.com www.isiada.com

ILLINOIS IADA

Bruce Eklund, Executive Director P.O. Box 7266 Rockford, IL 61125 3209 Ashwinton Way (61109) 815-873-8980 | 800-987-6627 Fax 815-873-8980 lilcheeper5@aol.com www.il-iada.com

INDIANA IADA

Debbie Andersen, Executive Director P O Box 1393 Crown Point, IN 46308 219-661-0287 | 800-310-3112 Fax 219-663-5294 iiada@comcast.net www.iiada.com

IOWA IADA

Judy Wilson, Acting Executive Dir. 409 East Market St. PO Box 337 Panora, IA 50216 641-755-4177 | Fax 641-755-3247 iiada@netins.net http://iowaiada.com

KANSAS IADA NIADA Direct State

KENTUCKY NIADA Direct State

LOUISIANA IADA

Becky Bertrand, Executive Director 15481 Airline Hwy Baton Rouge, LA 70817 225-275-8088 | 800-960-5423 Fax 225-275-6889 becky@laiada.com www.laiada.com

MARYLAND/DELAWARE IADA

Jack Tracey, Executive Director 7250 Parkway Drive, Ste. 510 Hanover, MD 21076 410-865-5431 | Fax 410-712-4038 jack@miada-diada.com www.miada-diada.com

MASSACHUSETTS IADA

Melissa Otis, Executive Director 1 Upland Rd., Bldg 200 - Ste. 226 Norwood, MA 02062 781-278-0077 | Fax 781-278-0099 Director@miada.com www.miada.com

MICHIGAN IADA

Nancy Chapman, Executive Director 55 E. Long Lake Rd. PMB 233 Troy, MI 48085 248-828-7010 | Fax (248) 828-7012 nchapman@miada.org www.miada.org

MISSISSIPPI IADA

Andrew Caldecott, Executive Director 1705 Old Whitfeld Rd, Ste. A Pearl, MS 39208 601-939-9866 | Fax 601-939-9882 andrew@mississippiiada.com www.mississippiiada.com

MISSOURI IADA

Norm Schroeder, Executive Director PO Box 1733 Jefferson City, MO 65102 800-889-1073 | Fax 573-496-4015 info@moiada.com www.moiada.com

MONTANA IADA

John Hammrell, Executive Director P O Box 80326 Miles City, MT 59301 406-874-2207 | Fax 406-874-2253 Cell 406-951-0981 mtiada@hotmail.com www.mtiada.com

NEBRASKA IADA

Jan Merritt, Executive Director PO Box 29107 Lincoln, NE 68529 402-464-2089 | 800-659-5453 Fax 402-464-8878 niada2289@windstream.net www.neiada.com

NEVADA NIADA Direct State

NEW ENGLAND IADA (CT, ME, NH, RI, VT)

Melissa Otis, Executive Director 1 Upland Rd., Bldg 200 - Ste. 226 Norwood, MA 02062 781-278-0077 | Fax 781-278-0099 Director@miada.com

NEW JERSEY IADA

Paula Frendel, Executive Director 115 Franklin Turnpike #303 Mahwah, NJ 07430 855-694-2324 njiada.pfrendel@gmail.com www.newjerseyiada.org

NEW MEXICO IADA

Derek Marker, Executive Director 608 Chama St. NE Albuquerque, NM 87108 505-232-0809 | Fax 505-232-0810 derek@marcarauto.com www.nmiada.com

NEW YORK IADA

Paula Frendel, Executive Director 565 Hunts Point Avenue Bronx, NY 10474 855-694-2324 (NYIADA4) nyiada.pfrendel@gmail.com www.newyorkiada.org

NORTHLAND IADA (MN and ND)

Allen Lentsch, Executive Director 850 Eastcliff Rd Burnsville, MN 55337

952-894-1766 | 800-879-3433 Fax 952-894-8990 keys@northlanddealers.com www.northlanddealers.com

OHIO IADA

Jim Mitchell, Executive Director 2040 Brice Rd. Reynoldsburg, OH 43068 614-863-5800 | Fax 614-863-5801 jrmitch49@aol.com www.ohiada.org

OKLAHOMA IADA

Odell & Rose Morgan, Executive Directors 813 Northwest 34th Moore, OK 73160 405-232-2947 | Fax 405-799-3367 odell.morgan@sbcglobal.net www.e-oiada.com

OREGON IADA

Diane Sparks, Executive Director 1475 Capitol Street NE Salem, OR 97301 503-362-6839 | 800-447-0302 Fax 503-364-7331 dsparks@oiada.com www.oiada.com

PENNSYLVANIA IADA

Reg Evans, Executive Director 1501 North Front Street Harrisburg, PA 17102 717-238-9002 | Fax 717-238-3870 revans@piada.org www.piada.org

SOUTH DAKOTA UCDA

Jerry Vogeler, Executive Director P O Box 7077 Pierre, SD 57501 102 Telegraph Trail 57532 605-223-2060 | Fax 605-223-2061 jerryvogeler@vogeler-consulting.com

TENNESSEE IADA

Darryl Noble, Executive Director PO Box 2219 Lebanon, TN 37088 523 Crowell Lane 37088 615-506-4968 | Fax 615-443-7486 866-586-4232 dnoble@tniada.com www.tniada.com

TEXAS IADA

Jeff Martin, Executive Director P O Box 127 Round Rock, TX 78680-0127 512-244-6060 | 800-442-5944 Fax 512-244-6218 Jeff.martin@txiada.com www.txiada.com

INDEPENDENT AUTO DEALERS ASSOCIATIONS

UTAH IADA

Wayne & Adam Jones, Exec. Directors 7414 South State Street

Midvale, UT 84047-2014

801-566-3802 | 800-324-7009 Fax 801-566-0708 wjones@utahdealers.com ajones@associationsutah.com www.utahdealers.com

VIRGINIA IADA

Lois Keenan, Executive Director 4700 Thoroughgood Square Virginia Beach, VA 23455 757-464-3460 | 800-394-1960 Cell 757-621-8424 Fax 757-460-1346 lois@viada.org www.viada.org

WASHINGTON IADA

Kurt Strovink, Executive Director P O Box 1837 Auburn, WA 98071-1837 707 Auburn Way S. Auburn WA 98002 253-735-0267 | 800-877-3577 Fax 253-804-0844 kurt@wsiada.com www.wsiada.com

WEST VIRGINIA

NIADA Direct State

WISCONSIN ATDA

Chris Snyder Legal Counsel/Lobbyist 150 E Gilman St. Ste. A Madison, WI 53703 608-251-5577 ext 107 Fax 608-251-4379 csnyder@watda.org www.watda.org

WYOMING NIADA Direct State

NATIONAL INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION

Michael Linn, CEO 2521 Brown Blvd. Arlington, TX 76006 800-682-3837 www.niada.com

CANADA

ONTARIO UCDA

Warren Bernard, Executive Director 230 Norseman St. Toronto, Ontario M8Z 6A2 416-231-2600 | 800-268-2598 Fax 416-232-0775 w.bernard@ucda.org www.ucda.org

TRADE ASSOCIATIONS

AMERICAN AUTOMOTIVE LEASING ASSOCIATION (703) 548-0777 FAX: (703) 548-1925

Pamela Sederholm, Executive Director 675 N. Washington Street, Ste. 410 Alexandria, VA 22314 www.aalafeet.com

AMERICAN RECOVERY ASSOCIATION (972) 755-4755 FAX: (972) 870-5755

Les McCook, Executive Director 5525 N. MacArthur, Blvd., Ste. 135 Irving, TX 75038 homeoffce@americanrecoveryassn.org www.repo.org

AUTOMOTIVE FLEET & LEASING ASSOCIATION (414)386-0366

FAX: (414) 359-1671

Bill Elliott, Executive Director 11950 W. Lake Park Drive Ste.320 Milwaukee, WI 53224 www.afaonline.com

AUTOMOTIVE RECYCLERS ASSOCIATION (888) 385-1005

FAX: (571) 208-0430

Michael E. Wilson, Chief Executive Offcer 9113 Church St. Manassas, VA 20110 www.a-r-a.org

AMERICAN SALVAGE POOL ASSOCIATION (678) 560-6678 FAX: (678) 229-2777

Natalie Nardone Executive Director Suite 700-PMB 321 2900 Delk Road Marietta, GA 30067 www.aspa.com

CONSUMER BANKERS ASSOCIATION

Richard Hunt, President and CEO (202) 552-6382 FAX: (703) 528-1290 1225 Eye St., NW Ste. 550 Washington D.C. 20005. www.cbanet.org

INTERNATIONAL AUTOMOTIVE REMARKETERS ALLIANCE (973) 398-2774

FAX: (973) 398-2731

Stephen Houston, Interim Executive Director 16738 Lakeshore Dr. #H-182 Lake Elsinore, CA 92530 www.iaraonline.org

NATIONAL ALLIANCE OF BUYHERE, PAY-HERE DEALERS (832) 767-4759

FAX: (713) 680-2474

Ken Shilson

Founder 2180 North Loop West, Ste 270 Houston, TX 77018 www.bhphinfo.com

NATIONAL ASSOCIATION OF PUBLIC AUTO AUCTIONS (919) 876-0687 FAX: (919) 878-7413

Elaine Christian Executive Director P.O. Box 41368 Raleigh, NC 27629 www.publicautoauctionassoc.org

NATIONAL AUTO AUCTION ASSOCIATION (301) 696-0400 FAX: (301) 631-1359

Frank Hackett, Chief Executive Offcer 5320 Spectrum Drive, Suite D Frederick, MD 21703 www.naaa.com

NATIONAL AUTOMOBILE DEALERS ASSOCIATION (703) 821-7000 (800) 252-6232

Peter K. Welch, President 8400 Westpark Drive McLean, VA 22102 www.nada.org

NATIONAL AUTOMOTIVE FINANCE ASSOCIATION (800) 463-8955 (410) 712-4036 FAX: (410) 712-4038

Jack Tracey, Executive Director 7250 Parkway Drive, Suite 510 Hanover, MD 21076-1343 www.nafassociation.com

NATIONAL INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION (817) 640-3838 (800) 682-3837 FAX: (817) 649-5866

Mike Linn, Chief Executive Offcer 2521 Brown Blvd. Arlington, TX 76006 www.niada.com

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