The struggle among dealerships to attract and retain female employees mirrors a broader problem: the industry’s inability to keep new hires. If a lender maintains a security interest in the dealer’s vehicle inventory and if the dealership has collected and spent money for vehicles which have been sold, without reimbursing the lender for those vehicles, then the dealership’s gross profits from all future vehicle sales should be applied to reduce the number of sold and unpaid units.
Dealerships must also guarantee buyers that the vehicle has a good title, meaning it is free from any previous liens held on it. The dealership is also required to provide basic information about a car’s history, including number of previous owners, year of registration, and the correct odometer reading.
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