October 13th, 2023 by admin
An application for an Occupational License where there is a past criminal history, either
Felony or Misdemeanor that occurred within the past 10 years need to be disclosed in the
Personal History Questionnaire form even if you were pardoned, pled nolo...
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Tags: california, compliance, conviction, dealership
Posted in: Auto Dealer Business
September 12th, 2023 by Jessica Biarbe
Before any dealer license is issued or renewed by the Department of Motor Vehicles, the applicant must file with the Occupational License Unit a bond executed by an admitted surety insurer or cash CD in the same amount.
Surety bonds are designed to...
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Tags: compliance, dealership, financing
Posted in: Auto Dealer Business
August 7th, 2023 by Jessica Biarbe
Garage liability insurance is a specialty type of insurance targeted to the automotive industry. The policy protects property damage and bodily injury resulting from operations.
How Garage Liability Insurance Works
Garage liability insurance is a type...
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Tags: california, compliance, insurance
Posted in: Auto Dealer Business
December 28th, 2021 by Jessica Biarbe
"Buy here, pay here" dealerships are auto dealers that not only sell cars but effectively act as the bank, too, by providing in-house financing, typically for buyers with bad credit.* Interest rates can be higher than other lending options and customers...
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Tags: california, compliance, dealership, financing
Posted in: Auto Dealer Business
December 13th, 2021 by Jessica Biarbe
Every retail dealer that offers vehicles for sale must have a
Federal Trade Commission Buyers Guide affixed to the vehicle.
The Used Car Rule has been in effect since 1985. This article
gives the basics of the Used Car Rule and information for the
Buyers...
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Tags: california, compliance, dealership
Posted in: Auto Dealer Business
December 8th, 2021 by Jessica Biarbe
This article will cover sections the Car Buyers Bill Of Rights as it pertains to the purchase contract for a
buyer from a retail dealership. There are several requirements for a retail dealer to remain in compliance
with this...
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Tags: california, compliance, dealership
Posted in: Auto Dealer Business
June 15th, 2020 by Jessica Biarbe
OFFICE AREA
The office of a Dealer’s place of business and each branch location of the dealership must be established
to the extent that its construction is not temporary, transitory or mobile in nature.
A Retail Dealers place of business is a place...
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Tags: california, compliance, dealership
Posted in: Auto Dealer Business