dmv licensing inspector for our salinas car dealer school

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  • (408) 229-7113

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car buyer tips for a no money down purchase

Car buyers wanting to know how to purchase a car with no money down can save a lot of hassle and money. Buying a new personal vehicle without taking any money out of one’s own pockets is full of difficulties. Most lenders and car dealerships welcome the consumers with good credit ratings and are willing to put some amounts on the table to serve as money down. Compared to the situation of the consumers willing to put money down purchasing a personal vehicle may seem almost impossible at first. Since there is a huge class of buyers unable to put any money down many lenders and dealers resort to advertisements of no money down car loans. But not all potential car buyers qualify with these lenders and dealers.

The problems of how to buy a car with no money down has become much more common than most consumers with less than perfect credit assume. The simple process of getting pre approved car loans approved can lead to auto finance that require no down payment at the time of purchase. The consumers needing such type of auto finance must become aware of the requirements needed to qualify for such car loans. Everyone does not have the cash to put money down on a new good safe and reliable car especially if the financial circumstances have become difficult. Consumers and potential car buyers need to confirm their latest credit scores before venturing out to buy a vehicle.

The how to buy a car with no money down can be quite flustering to the new consumers. The lenders and dealers usually look for a better than average credit scores that is more than 650. The new applicants for the zero down car loans mist review their credit scores and raise them to adequate levels. One way to do this is to make debt payments on time and or lower the outstanding balances significantly in a short time. The applicants with less than perfect credit applying with many lenders and dealers may cause concerns of credit misuse. These attempts may or may not lower the credit scores but will definitely reduce the chances of auto finance approval.

The how to buy a car with no money down can lead consumers to make a conscious effort at establishing good credit. The poor credit consumers can have a go for six to twelve months and achieve the required credit history. The young consumers with a weak credit history can get retail store credit accounts. They must get a secured credit card or a student credit account. Make sure the creditors report the use to all the 3 credit bureaus of America so that consumer credit is established immediately. Credit accounts should be used little at a time with timely repayment instead of maxing out the available credit in the very first month. The consumers and potential car buyers with no savings can make great use of the auto finance which requires no money down.

Several leading auto finance companies provide information on how to buy a car with no money down, and to get approved with affordable down payments. After getting the loans, the borrower should also make the loan payments on time, in order to avoid any kind of trouble later on. Managing car loan payments is very important in establishing a good credit rating.

rebuilt salvage vehicles can be risky business

Top 5 Issues With Salvage Title Auto Vehicles

Though the price tag can be a real draw, many car buyers have reported a lot of problems when purchasing a salvage title auto vehicle. Here are some of the top concerns drivers should have about trying to get one of these bargains on the road.

Financing – Lots of lenders are wary of financing a salvage title deal because of the unknowns around the vehicle’s real value. Buyers will often have to pay cash up front.
Different State Requirements – Each state has its own rules and regulations for getting salvage title cars street legal. In some states, a state police officer must inspect the vehicle. First time salvage title buyers can often get blindsided with unfamiliar requirements.
Getting Coverage – Some insurers will refuse to cover a salvage title vehicle or jack up the rates, claiming the vehicle is not “roadworthy” or represents a safety risk.
Claim Situations – If a driver does get insurance for a salvage title vehicle, the insurer will probably not pay out much in the case of a claim. They may contend that because of prior damage, the vehicle is not worth much, regardless of how the vehicle looks or what the actual damage is.
Resale – Those who buy salvage title vehicles are hardly ever going to get easy resale value. Most buyers tend to avoid these vehicles because of the above problems.
These are a few of the most major problems with actually making use of a salvage title deal that looked so good on paper. Do your homework before buying to avoid these dicey situations.

Related Questions and Answers

Are there any Laws Against Getting a Rebuildable Salvage Car for Project Car Purposes?
You must show your DMV that you are getting a rebuildable salvage car for project purposes. In other words, you will have to provide to your DMV that the flood-ravaged 2011 Camaro that was floating upside-down in mud and crud-encrusted water is not having its carpeting and padding ripped out. Or, its upholstery swapped so that the vehicle meets the very minimum of the law to be sold as a “new” vehicle. Remember that if you are building a salvage car, you must show proof that the salvage parts you were supposed to have changed, were actually changed.

Are there any Restrictions to Selling a Used Salvage Car?
There are no restrictions to selling a used salvage car, provided that you clear the reason for the salvage restriction in the first place, and rebuild the salvage title into a standard title. The reason for the salvage title could be as little as a precaution on the part of an insurance company that assumed such because one car on a lot was flooded, all the cars would be flooded. Therefore, it should be totaled and sent into the salvage market. However, there are salvage titles where you must show proof that the damage that led to the salvage marking in the first place has been cleaned and replaced. You must prove this beyond the shadow of a doubt for your DMV and insurance company.

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What is AB1215?
California Assembly Bill 1215 requires that all licensed auto dealers in California run vehicle history reports through the National Motor Vehicle Title Information System (NMVTIS) for each used vehicle sold, with a red warning sticker required on vehicles reported to be salvage, total loss, or title-branded.
More on AB1215 »  More on NMVTIS »

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car dealers must report repossessions to local police immediately

List of law enforcement agencies in California

From Wikipedia, the free encyclopedia

California Highway Patrol vehicles, 2010.

This is a list of law enforcement agencies in California, including local (city), county, and statewide agencies. Historic agencies are included.

This is an incomplete list, which may never be able to satisfy particular standards for completeness. You can help by expanding it with reliably sourced entries.

 

 

State agencies

Los Angeles Police Department (Top) and Los Angeles County Sheriff (Bottom) patrol cars

County agencies

City agencies

College and University agencies

School Agencies

The New Parker Center, the headquarters of the Los Angeles Police Department in downtown Los Angeles.

Special district agencies

Federal law enforcement agencies in California

San Francisco Police Department cruiser, K-9 division, 2008.

Defunct Agencies

References

  1. ^ http://www.trinidad.ca.gov/departments-a-services/police-department.html

See also

General:

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To obtain a location check:

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The coast of California even more totally awesome when seen during a motorcycle ride along the Pacific Coast Highway.

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tesla extended warranty ??? perhaps install a fire extinguisher

Auto Vehicle Fires: Be Prepared in Case of an Emergency

 

The National Fire Protection Association (NFPA) recently acknowledged that a vehicle fire problem exists in the United States. According to NFPA statistics, more people died from highway vehicle fires than from apartment fires in 2004. Yet, few drivers think of a fire extinguisher as a critical component of their car safety kit. Reports show that on average, a vehicle fire occurs once every two minutes, and most happen during the summer months – June, July and August. A fire extinguisher within reach inside the vehicle can be useful in an emergency or to quickly put out a small, smoldering fire.

VEHICLE FIRE FACTS

  • More than 266,000 highway vehicle fires occurred in 2004, causing nearly $1 billion in property loss, cites the National Fire Protection Association.
  • Between 1999-2002, passenger cars accounted for 80 percent of the nearly 270,000 highway vehicle fires.
  • Mechanical or electrical failures cause more than two-thirds (71 percent) of highway vehicle fires, and 66 percent begin in the engine, running gear or wheel area.
  • According to consumer affairs Web sites, many automobile owners who experienced mechanical-related vehicle fires initially smelled a strange odor then witnessed smoke filtering from under the hood or wheel area.
  • Once flames occur in the engine, it takes an average of four minutes for the fire to reach the passenger compartment, according to the National Highway Traffic Safety Administration.
  • On average, Americans commute 52 minutes to and from work. That equals nine days a year spent in the car, not counting road trips or vacations. (ABC News Poll)
  • All commercial vehicles must have at least one UL-rated 5-B:C extinguisher, or a 10- B:C unit if carrying hazardous materials. Passenger cars do not need to carry fire extinguishers, yet automobiles are involved in 12 times as many fires as commercial freight trucks and result in larger numbers of casualties and a larger dollar loss.

VEHICLE FIRE SAFETY TIPS

  • Make sure that everyone has exited the vehicle.
  • Notify the fire department before attempting to extinguish the fire.
  • Use your extinguisher only to keep a small, smoldering, contained fire from growing or to create a safe pathway from the vehicle.
  • Read the instructions and become familiar with your fire extinguisher’s parts and operation BEFORE a fire breaks out.
  • Remember the “PASS” system:
    • Pull the pin. Hold unit upright.
    • Aim at the base of the fire.
    • Squeeze lever.
    • Sweep from side to side.

Sources: National Fire Protection Agency (NFPA), U.S. Fire Administration (USFA) and Department of Transportation (DOT)

tesla tennessee fire yields successful results for survivor

November 9, 2013

By Juris Shibayama, MD

TAGS: CUSTOMERS / MODEL S / STORES /
 0 comments

I was driving home from work on the interstate in the right lane at approximately 70 miles per hour, following a truck. In the middle of the lane, there was a rusty three-pronged trailer hitch that was sticking up with the ball up in the air. The truck in front of me cleared the object. I did not have enough time to swerve to avoid the hitch, and it went below my car. I felt a firm “thud” as the hitch struck the bottom of the car, and it felt as though it even lifted the car up in the air. My assistant later found a gouge in the tarmac where the item scraped into the road. Somewhat shaken, I continued to drive.

About 30-45 seconds later, there was a warning on the dashboard display saying, “Car needs service. Car may not restart.” I continued to drive, hoping to get home. About one minute later, the message on the dashboard display read, “Please pull over safely. Car is shutting down.” I was able to fully control the car the entire time and safely pulled off the left shoulder on the side of the road. I got out of the car, and started to get all my belongings out. About 5-10 seconds after getting out of the car, smoke started to come from the front underbody of the car. I walked away from the vehicle to a distance of about 100 yards. More smoke started to come out of the bottom of the car, and about two minutes after I walked away, the front of the car caught on fire.

I am thankful to God that I was totally uninjured in any way from this impact. Had I not been in a Tesla, that object could have punched through the floor and caused me serious harm. From the time of impact of the object until the time the car caught fire was about five minutes. During this time, the car warned me that it was damaged and instructed me to pull over. I never felt as though I was in any imminent danger. While driving after I hit the object until I pulled over, the car performed perfectly, and it was a totally controlled situation. There was never a point at which I was anywhere even close to any flames.

The firemen arrived promptly and applied water to the flames. They were about to pry open the doors, so I pressed my key button and the handles presented and everything worked even though the front of the car was on fire. No flames ever reached the cabin, and nothing inside was damaged. I was even able to get my papers and pens out of the glove compartment.

This experience does not in any way make me think that the Tesla Model S is an unsafe car. I would buy another one in a heartbeat.

Juris Shibayama, MD

used car dealer insurance is mandatory in california

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COMMERCIAL INSURANCE SERVICES

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President of J.L. von Arx & Associates Insurance Services

CA Lic. # 0702245

 

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11580 of the insurance code goes into effect

+++++

salvage vehicles carry great risk

Nashville flood car

Sometimes a car deal sounds too good to be true – in which case, it may very well turn out to be a salvage. Most times you want to steer clear of these. Case in point involves vehicles with a salvage title.

When a vehicle has a salvage title, it typically means that at some point in its history it has been declared a total loss by an insurance company. This could be the result of an accident, fire, vandalism or other natural or man-made disaster. The damage the vehicle sustained has to be worth 75 percent of more of its value. Stolen vehicles that were recovered could also wind up with a salvage title in some states.

Another instance where a car ultimately carries a salvage title is government cars used for testing. After the testing is complete and the government has no further use for them, they are sold with a salvage title.

The salvage title is issued by the Department of Motor Vehicles (DMV), depending on the state, after going through an inspection. Note that inspection procedures vary from one state to another, with some being a simple VIN and emissions system check and others requiring a full inspection. Once a car has a salvage title, it cannot be driven, sold or titled in its current condition.

Salvage title cars may be able to be repaired and the DMV could issue a new title after a safety inspection. The vehicle will be “branded” as a salvage-title or restored salvage or resalvaged vehicle so that any prospective buyers know what they’re getting.

Is buying a car with a salvage title that’s been repaired always a bad idea? Experts say that if you have the time, money and are willing to go through having the vehicle properly repaired, a salvage title vehicle may be one choice. On the other hand, it could be a lengthy and expensive proposition, one that you might be better to avoid. Stick with a thoroughly inspected and mechanically sound used vehicle sold by a reputable dealer or private seller.

___________________________________________

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WE TEACH CAR DEALER EDUCATION

HERE ARE THE 3 MOST IMPORTANT ITEMS ON OUR

DMV CAR DEALER LICENSE CHECKLIST

ZONING, FINGERPRINTS, BOND

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The Dmv Zoning approval is required of each car dealer license location

Dmv Zoning approval is done at the local level ( planning department )

Dmv requires completion of a specific form

Dmv OL902 Zoning form:  http://dmv.ca.gov/forms/ol/ol902.htm

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The car dealer license process requires LiveScan Fingerprints

LiveScan Fingerprints are dispatched electronically

Dmv requires LiveScan clearance to issue a temporary car dealer license ( 30-45 days )

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FTC tips for the red flag rules

+++

Are you complying with the Red Flags Rule?

The Red Flags Rule requires many businesses and organizations to implement a written Identity Theft Prevention Program designed to detect the warning signs — or “red flags” — of identity theft in their day-to-day operations. By identifying red flags in advance, businesses will be better equipped to spot suspicious patterns that may arise — and take steps to prevent a red flag from escalating into a costly episode of identity theft.

Resources on this site can help business people educate their staff and colleagues about complying with the Red Flags Rule.

What Compliance Looks Like

Your Identity Theft Prevention Program is a “playbook” that must include reasonable policies and procedures for detecting, preventing, and mitigating identity theft. Your Program should enable your organization to:

  1. identify relevant patterns, practices, and specific forms of activity — the “red flags” — that signal possible identity theft;
  2. incorporate business practices to detect red flags;
  3. detail your appropriate response to any red flags you detect to prevent and mitigate identity theft; and
  4. be updated periodically to reflect changes in risks from identity theft.

The Red Flags Rule also includes guidelines to help financial institutions and creditors develop and implement a Program, including a supplement that offers examples of red flags.

The FTC and the federal financial agencies have issued Frequently Asked Questions and answers to help businesses comply with the Rule.

Who Must Comply with the Red Flags Rule?

The Rule requires “financial institutions” and “creditors” that hold consumer accounts designed to permit multiple payments or transactions — or any other account for which there is a reasonably foreseeable risk of identity theft — to develop and implement an Identity Theft Prevention Program for new and existing accounts. The definition of “financial institution” includes:

  • all banks, savings associations, and credit unions, regardless of whether they hold a transaction account belonging to a consumer; and
  • anyone else who directly or indirectly holds a transaction account belonging to a consumer.

A change in the law on December 18, 2010 amended the the definition of “creditor,” and limits the circumstances under which creditors are covered. The new law covers creditors who regularly, and in the ordinary course of business, meet one of three general criteria. They must:

  • obtain or use consumer reports in connection with a credit transaction;
  • furnish information to consumer reporting agencies in connection with a credit transaction; or
  • advance funds to — or on behalf of — someone, except for funds for expenses incidental to a service provided by the creditor to that person.

Bookmark this site and check it often for revisions that reflect changes in the law.

 


 

 

Related Topics

Protecting Personal Information: A Guide for Business

Are you taking steps to protect personal information? Safeguarding sensitive data in your files and on your computers is just plain good business. After all, if that information falls into the wrong hands, it can lead to fraud or identity theft.

Avoid ID Theft: Deter, Detect, Defend

A one-stop national resource to learn about the crime of identity theft. It provides detailed information to help you deter, detect, and defend against identity theft.

OnGuard Online

Provides practical tips from the federal government and the technology industry to help computer users be on guard against Internet fraud, secure their computers, and protect their personal information.

Privacy Initiatives

Educates consumers and businesses about the importance of personal information privacy, including the security of personal information.

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FTC red flag rules for car dealers offering credit

Red Flags Rule

From Wikipedia, the free encyclopedia
The Red Flags Rule was created by the Federal Trade Commission (FTC), along with other government agencies such as the National Credit Union Administration (NCUA), to help prevent identity theft. The rule was passed in January 2008, and was to be in place by November 1, 2008. But due to push-backs by opposition, the FTC delayed enforcement until December 31, 2010.[1]

In December 2010, the Red Flags Rule was clarified by the Red Flag Program Clarification Act of 2010 [2] to exclude most doctors, lawyers, and other professionals who do not receive full payment at the time when their service is furnished.

 

 

History

The Red Flags Rule was based on section 114 and 315 of the Fair and Accurate Credit Transactions Act of 2003.[3] FACTA was put in place to help Identity Theft Prevention and Credit History Restoration, Improvements in Use of and Consumer Access to Credit Information, Enhancing the Accuracy of Consumer Report Information, Limiting the Use and Sharing of Medical Information in the Financial System, Financial Literacy and Education Improvement, Protecting Employee Misconduct Investigations, and Relation to State Laws.[4]

Coverage

There are two different groups that this rule applies to: Financial Institutions and Creditors.[5] Financial institution is defined as a state or national bank, a state or federal savings and loan association, a mutual savings bank, a state or federal credit union, or any other entity that holds a “transaction account” belonging to a consumer.[6] FACTA’s definition of “creditor” applies to any entity that regularly extends or renews credit – or arranges for others to do so – and includes all entities that regularly permit deferred payments for goods or services [7]

The definition of a creditor was clarified by the Red Flag Program Clarification Act of 2010.[2] Under the Clarification Act, a creditor regularly and in the course of business:

  • Obtains or uses consumer credit reports;
  • Provides information to consumer reporting agencies; or
  • Advances funds which must be repaid in the future (or against collateral).

This definition was further clarified United States Court of Appeals For the District of Columbia Circuit in its March 4, 2010 ruling on The American Bar Association vs. Federal Trade Commission.[8] The court affirmed Senator Dodd’s statement regarding the bill that “lawyers, doctors, … and other service providers [are] no longer classified as ‘creditors’ for the purpose of the red flags rule just because they do not receive payment in full from their clients at the time they provide their services.”

There are many different companies that this rule applies to: this list includes, but is not limited to finance companies, automobile dealers, mortgage brokers, utility companies, and telecommunications companies; or any other company that advances funds or routinely interacts with consumer credit agencies when performing a service and receiving payment once the work is complete.

Elements

The Red Flags Rule sets out how certain businesses and organizations must develop, implement, and administer their Identity Theft Prevention Programs. The program must include four basic elements, which together create a framework to address the threat of identity theft.[9][10]

The program has four elements:

1) Identify Relevant Red Flags

  • Identify likely business-specific identity theft red flags

2) Detect Red Flags

  • Define procedures to detect red flags in day-to-day operations

3) Prevent and Mitigate Identity Theft

  • Act to prevent and mitigate harm when red flags are identified

4) Update Program

  • Maintain the red flag program, including educating operational staff

The Red Flags Rules provide all financial institutions and creditors the opportunity to design and implement a program that is appropriate to their size and complexity, as well as the nature of their operations.[6]

The red flags fall into five categories:

  • alerts, notifications, or warnings from a consumer reporting agency[6]
  • suspicious documents[6]
  • suspicious identifying information, such as a suspicious address[6]
  • unusual use of – or suspicious activity relating to – a covered account[6]
  • notices from customers, victims of identity theft, law enforcement authorities, or other businesses about possible identity theft in connection with covered accounts[6]

Compliance

The FTC has a created a template for businesses that can be populated to meet an individual company’s needs. The template can be found on the FTC website. This template however is appropriate only for small, very low risk businesses.

Red Flag Rule and identity theft

As the Red Flag rule widely defines creditors, many businesses (such as utilities)[11] are required to collect personal information (such as SSN and Driver’s License Numbers) that they do not need and have no use for. This policy is precisely contrary to the FTC’s advice to consumers that they should disclose their social security number to others only when absolutely necessary.[12] This aspect of the Red Flag rule has the unintended consequences of increasing the number of business that hold consumers’ Social Security numbers thereby putting consumers at greater risk for identity theft through data theft.

References

  1. Jump up^ http://ftc.gov/opa/2010/05/redflags.shtm
  2. Jump up to:a b http://www.govtrack.us/congress/bills/111/s3987
  3. Jump up^ http://ftc.gov/opa/2007/10/redflag.shtm
  4. Jump up^ FAIR AND ACCURATE CREDIT TRANSACTIONS ACT OF 2003, Public, Law 108-159, 108th Congress, retrieved 2009-02-02
  5. Jump up^ http://www.ftc.gov/opa/2008/07/redflagsfyi.shtm
  6. Jump up to:a b c d e f g http://www.ftc.gov/bcp/edu/pubs/business/alerts/alt050.shtm
  7. Jump up^ http://www.ftc.gov/opa/2009/04/redflagsrule.shtm
  8. Jump up^ http://www.ama-assn.org/ama1/pub/upload/mm/399/aba-versus-ftc.pdf
  9. Jump up^ http://www.ftc.gov/bcp/edu/pubs/business/idtheft/bus23.pdf
  10. Jump up^ “Identity theft” means a fraud committed or attempted using the identifying information of another person without authority. See 16 C.F.R. § 603.2(a). “Identifying information” means “any name or number that may be used, alone or in conjunction with any other information, to identify a specific person, including any – (1) Name, Social Security number, date of birth, official State or government issued driver’s license or identification number, alien registration number, government passport number, employer or taxpayer identification number; (2) Unique biometric data, such as fingerprint, voice print, retina or iris image, or other unique physical representation; (3) Unique electronic identification number, address, or routing code; or (4) Telecommunication identifying information or access device (as defined in 18 U.S.C. 1029(e)).” See 16 C.F.R. § 603.2(b).
  11. Jump up^ “Start or Install Service”.
  12. Jump up^ ftc.gov. “Deter Minimize Your Risk”.