are you ready to be an auto broker ???

Autobroker s Endorsement An autobroker’s endorsement requires payment of fees as required by subdivision (d) of Section 9262 of the California Vehicle Code. A dealer may not engage in brokering a retail sales transaction without having an autobroker’s endorsement to their dealer’s license. Upon issuance of an autobroker’s endorsement to a …

where can i file a complaint against a car dealer ???

Problems with a vehicle purchase can DMV help me Filing a Complaint with the Department of Motor Vehicles You should know that DMV has limited resources to review and catalog these complaints. Your information will be reviewed by Investigations and Audits and/or Licensing Operations. Not all complaints are investigated. Use …

what is used car dealer insurance ???

WE MAKE IT SIMPLE FOR YOU TO GET LICENSED, BONDED AND INSURED call jon at 562-795-6611 +++++ all licensed car dealers must maintain used car dealer insurance and dealer license plates to operate their vehicles on the roadway +++++ most car dealers offer test drives to potential customers if the …

where do i obtain the car dealer license bond form ???

+++++ Obtain a Surety Bond in the amount of $ 50,000. Wholesale & less than 25 cars/ year then $ 10,000. The surety bond is a promise by the dealer to honor all obligations on behalf of the dealership, including DMV fees and penalties, State sales tax and a judgment …

even a wholesale dealer should run the VIN

VinAudit.com provides instant history reports for used vehicles. In partnership with the National Motor Vehicle Title Information System, VinAudit reports contain:  Title Problem Checks Checks for over 60 different types of title brands. Junk, Salvage, and Insurance Record Checks Verification across over 40 million junk, salvage, and total loss records. Accident …

car dealer alternative to carfax

Sign up for a VinAudit Dealer Account Please register here to receive a VinAudit.com Dealer Account for bulk access to NMVTIS reports. For instant activation, please fill all required fields. Your Name: Business Name: Full Address: Zip Code: Email: Phone: Website (optional):  I agree to the VA Partner Agreement.  I agree to the NMVTIS Disclaimer.

car dealer license forms checklist

A VEHICLE DEALER APPLICATION CONSISTS OF THE FOLLOWING FORMS: • OL 248A New Dealer Application Check List OR OL 248B Used Dealer, Dealer-Wholesale Only, and Autobroker Application Check List • OL 12 Application for Original Occupational License, (Part C) • OL 21A Original Application for Occupational License, (Part A) • …

please define just what is a certified used vehicle ???

What Is A Certified Used Vehicle? A certified used car or CPO is a refurbished vehicle that has undergone an inspection and received certification from a manufacturer or dealer. A manufacturer certifies a vehicle by using the manufacturer’s network of dealers to determine if the car is worth certifying. While …

you may get original plates in california for your collector car

Reassignment of Old Plates to a Collector Vehicle New Policy Old California plates (regular series) may be re-assigned to a collector vehicle, even if the vehicle has a database record under a different license plate, when all of the following conditions are met: • Evidence is submitted to show that …

your dmv car dealer license application requires a photoshoot

PHOTOGRAPH PROCEDURES IMPORTANT NOTE: The department will perform on site inspections to conirm the contents of photographs. Submission of fraudulent application form(s) and/or photograph(s) is grounds to refuse to issue this and any subsequent license. − Photographs must be clear enough to ensure compliance with requirements. − Each photograph must …

DMV requires repossessions to be done by licensed agencies

Frequently Asked Questions – Repossession Agency (RA) How long after the application is submitted will it take to process?The complete processing of the application may take approximately three to six months. What forms must be included in the application package? Application for License (Form 31A-4) Personal Identification (Form 31A-9) The …

what language do they speak ???

Term Definition ACV Actual Cash Value of a trade-in. Back-End Profit generated from a car deal other than the amount between dealers cost and the selling price.  Usually from Financing. Be-Back-Bus Describing an imaginary vehicle that will magically deliver all the customers that promised they would be back. Be-Backs A …

EVEN cash only sales require car dealer sales contracts

+++ “AS IS” Cash Contract Simple larger image $49.99 California Civil Code Section 2981 mandates that sales contracts be completed when a motor vehilce is sold from a licensed entitiy (dealership). All contracts need to be in writing and must be contained on a single document. The contract is designed …

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 …