ARA Code of Ethics & Business Conduct

Members of the International Automotive Remarketers Alliance are expected to adhere to the highest of ethical standards and business conduct in the means and manner by which they carry out their business activities.

Avoiding situations that represent clear conflict of interests or misrepresentations in managing the portfolio remarketing process.

For Institutional Members, avoiding the implementation or perception of business practices with vendors that are based solely on gratuitous allocation of vehicle distribution.

For Industry Members, refraining from business practices that encompass gratuitous solicitations that might compromise or give the perception of compromising an accredited business relationship.

Adhering to financial responsibility and generally accepted accounting practices in vehicle sale transactions.

Adhering to all applicable laws and government regulations of commerce in vehicle sale transactions

Promoting a viable industry through interaction with employees, associated entities and the surrounding community.

Interacting with other IARA members and other entities of the automotive community with business dignity and respect.

Exhibiting solid corporate citizenship.

Ethical standards may be determined and adjusted by the Board of Directors as deemed appropriate to specific situations.