NJ CAR

Latest News Stories

Oct 23, 2024
The 2024 NADA Dealership Workforce Study is now available. If you participated and submitted data for the study earlier this year, you should have received a link to download a complimentary copy of the results. If you did NOT participate in the study, you can purchase the report from NADA
Oct 22, 2024
Dealers who purchased Dealer Management Services (DMS) from either Reynolds & Reynolds or CDK Global between September 1, 2013 and August 15, 2024, may be eligible to receive money from the proposed $129.5 class action settlement and can now submit their claim. File Your...
Oct 22, 2024
Mark Pellegrino, President and Dealer Principal at Pellegrino Auto Group, was recently selected as New Jersey’s 2025 TIME Dealer of the Year (TDOY) award winner. Mark is recognized for his exceptional industry accomplishments, as well as his commitment to community service. He will be honored at the 108th annual...
Oct 21, 2024
The New Jersey Division of Taxation (“Division”) has clarified that the new ST-4ZEV - Partial Exemption Certificate and Sales Tax Worksheet must be retained in the deal jacket for at least four (4) years in case of audit.   The revised ST-4ZEV now requires the signature of the customer. The previous...
Oct 21, 2024
NJ CAR recently hosted a 15-minute webinar focused on the Coalition's Energy Program and provided an update on the current energy market and how it impacts the dealership's bottom line. Review the webinar slides HERE. Click below to view a recording of the webinar:
Oct 18, 2024
NJ CAR previously announced that the Division of Taxation (e.g., “the Division”) began phasing out the Sales and Use Tax exemption on retail purchases of zero emission vehicles (ZEVs). This phase-out process will occur in two stages: Beginning October 1, 2024, through June 30, 2025, a tax rate of...
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