do you offer credit ??? ( FTC red flag rules )

Fighting Identity Theft with the Red Flags Rule: A How-To Guide for Business An estimated nine million Americans have their identities stolen each year. Identity thieves may drain accounts, damage credit, and even put medical treatment at risk. The cost to business — left with unpaid bills racked up by …

how to bring a used car dealer into small claims court

+++++ Find out how to increase your chances of success with used car dealer lawsuits Successfully suing used vehicle dealers can be tricky. Unlike new vehicle dealers, who are usually somewhat dependent upon their reputation in the community for honesty, a fair percentage of used vehicle dealers don’t have a …

private party CAR BUYERS are buying blind…run a salvage title check + recall check

  NHTSA VEHICLE RECALL CHECK

paying overtime to your licensed salesperson

 BY LAWRENCE MILES   The California Court of Appeal has sided with CarMax in a key decision involving the “sales commission” exemption to California’s overtime law.   In Areso v. Carmax, Inc., the Court held that a pay plan that had a base payment plus “commissions” of about $150 per vehicle sold satisfied the exemption requirements. California law …

where do i find the VIN ???

What’s a VIN? A Vehicle Identification Number (VIN) is the 17-character identifier for your car, truck, or motorcycle. It looks like this: 1VXBR12EXCP901213, and encodes the vehicle’s manufacturer, features, and serial number. No two vehicles have the same VIN, so it serves as your car’s fingerprint– this allows for all reports …

get your pot of gold for your car dealer license

  some bond agents let their clients get arrested some bond agents get arrested themselves some bond agents overcharge +++++ go to a bond agent that will stand up for you appreciates your business and will never get you arrested +++ your car dealer bond is a pot of gold …

OFAC compliance IS the terrorist watch list

OFAC Compliance in the Auto Industry: Is Your Dealership Prepared? Check prospective buyers against the SDN list to ensure full OFAC compliance.   If someone were to ask you what you think is most important when owning an auto dealership, what would you say? Building a solid, effective sales team? …

OFAC compliance means checking each buyer on the terrorist watch list

OFAC Compliance in the Auto Industry: Is Your Dealership Prepared? Check prospective buyers against the SDN list to ensure full OFAC compliance.   If someone were to ask you what you think is most important when owning an auto dealership, what would you say? Building a solid, effective sales team? …