the FTC enforces many car dealer rules nationwide

The Auto Marketplace

Consumer Finance

THE AUTO MARKETPLACE

Buying or leasing a car is the biggest financial transactions for many consumers aside from owning a home, and having access to a vehicle also is essential for many Americans to carry on their daily lives. The FTC plays several important roles in making sure consumers get a fair deal in the auto marketplace:

  • The agency brings auto-related enforcement actions, including against companies falsely promising to reduce auto loan payments, car dealers and others making deceptive advertising claims, telemarketers pitching bogus auto “warranties” that are actually extended service contracts, and companies promoting illegal pyramid operations through lease offers.
  • The agency also enforces the Used Car Rule, which requires the familiar windshield stickers that appear on used cars at dealers throughout the country and give consumers critical information about who will pay for repairs if something goes wrong with the car they buy.
  • In addition, the Dodd – Frank Act passed by Congress in 2010 gives the FTC new and expanded authority regarding motor vehicle dealers. Since 2011, the FTC has been gathering information on possible consumer protection issues that may arise in the sale, financing or lease of motor vehicles through a series of roundtables and by seeking public comments.
HIDEBUSINESS EDUCATION
HIDECONSUMER EDUCATION

turlock dmv car dealer licensing inspector retires

turlock dmv car dealer license inspector lucy silva

congratulations on your recent dmv service retirement

and

good luck with your new car dealer education business

to reach lucy silva at her new location:

Modesto/Central Valley Dealer Education
Phone: 1-209-535-8910

thx

Joseph

gotplates.com

800-901-5950

please call 3

be wary of this shady car dealer insurance broker

California Insurance Agent Arrested On 96 Felony Counts

Multiple schemes used to steal $600,000

Jacob Richard Bonzer, 27, formerly of Lake Forest, California was arrested in Chicago August 13, 2014 on 96 felony counts including grand theft, forgery and denial of benefits.

Bonzer is accused of using numerous schemes for his own financial gain, based on a joint investigation between the California Department of Insurance, the Orange County District Attorney’s Office and the Brea Police Department.

One scheme involved homeowner insurance policies. The California Department of Insurance received a complaint alleging Bonzer submitted 128 fraudulent homeowners insurance applications containing bogus information using nonexistent policyholders for real properties, causing valid policies to be issued for phantom homeowners in escrow between April and July 2010. Bonzer received $46,000 in advanced commissions from the insurance company that expected to collect premiums when the properties closed escrow. Since the applicants were bogus, the insurer never received premium payments and Bonzer was eventually fired.

Investigators allege Bonzer continued his scam through another agent after he was fired. Bonzer is accused of creating  a fictitious mortgage company that referred all residential short-sale business to Bonzer for homeowners insurance. Bonzer used the same scheme leading the insurer to believe they would receive premium payments at the close of escrow. Numerous policies were resubmitted multiple times with an explanation that escrow closing had been delayed. In some cases Bonzer received duplicate commission payments for the same property. Between August 2010 and November 2011, approximately 790 fraudulent homeowners insurance applications, containing bogus information, were allegedly submitted by Bonzer under another agent. As a result Bonzer received commission payments of $239,000.

Another scheme Bonzer is accused of involved  Workers’ Compensation. Bonzer is accused of created a fictitious insurance company in 2012 called GW Mutual Risk Retention Group, LLC, which was registered in Florida. GW Mutual is not licensed to write insurance in California though Bonzer allegedly sold workers’ compensation and commercial insurance policies through his agency, Bonzer Insurance Brokerage, located in Orange County. Bonzer collected approximately $280,000 in premium from 58 California businesses that believed they were purchasing valid coverage. When questioned by a client about GW’s ability to offer insurance in California, Bonzer provided an altered CDI report of examination as proof. Department investigators also discovered premium payments entrusted to Bonzer were used on personal living expenses including the rental of luxury high-rise apartments, travel, wine clubs and fine dining.

“This suspect is accused of using several schemes to rip off insurers and businesses for his own financial gain,” said California Statewide Law Enforcement Association (CSLEA) President Alan Barcelona.  CSLEA represents California Department of Insurance investigators.  “These investigators work complex cases and have proven their work results in arrests, prosecutions and convictions.”

If convicted, Bonzer faces a maximum sentence of more than 87 years in state prison.

Bonzer allegedly orchestrated these elaborate scams by using multiple post office boxes, virtual assistants, business entities, office spaces, email accounts, Website domains and bank accounts. Investigators have  reason to believe that there are additional victims

If convicted, Bonzer faces a maximum sentence of more than 87 years in state prison.

can i legally advertise as a licensed autobroker ???

yes and no
you may advertise your broker services
but not access to specific vehicles
you could reference vehicles advertised by retail dealers
with whom you have a brokering agreement
we allow that for vehicles placed on retail consignment
our drafted sale program costs 425. per vehicle
with red flag certification
you may show cars consigned to retailers
but you must negotiate and complete the sale
at the retail dealer holding that vehicle in its inventory
hope that makes sense
you have to be very careful
if you are not a licensed retailer yourself
the brokering agreement you hold may enable some advertising
under the retail dealers license
thx
Joseph
800-901-5950
+++
thx

carwoo has closed it doors, will truecar be next ???

TrueCar has had a rollercoaster ride in the automotive retail industry over the past few years. However, it appears things may be taking a turn for the worse (both for TrueCar as well as its participating dealer clients). Read on, as I reveal their new policy changes that will have a negative impact on dealers, as well as my in-depth interview with a top eCommerce Directors about this change.

Having aggregated so much data to benefit consumers over the years, TrueCar challenged the retail market to deliver competitive pricing to their online shoppers. However, as more shoppers funneled into their site (and partnering sites), it was obvious that dealers needed to take notice of the TrueCar machine. Fairly quickly. dealers began taking issue with the way TrueCar came about some of the consumer-facing data that was being shared. Then the “dust-up” happened. Industry leaders such as Jim Ziegler and Jerry Thibeau led the charge against TrueCar, and urged dealers to cease the data extraction they were allowing TrueCar as it was only being used to bite them in the proverbial backside. TrueCar (after an unnecessarily long battle to prove what they were doing was acceptable), reconvened with others in the industry and reengineered their site to be more dealer-friendly. Since then, TrueCar has once again dominated the third-party lead segment (with the help of venture capital backing and strong corporate relationships with affiliate partners). My dealers, for instance, all seem to have significant success with TrueCar opportunities. However, there were questionable charges that frequently popped up. In most instances, TrueCar relented and maintained that the “customer is always right”. In this case, their customer is the dealer. That is about to change.

The Bombshell:

As of September 1st 2013, TrueCar is altering their “Write-Off Policy” for dealers. Essentially, TrueCar states that their customers are so much more “deep-in-funnel” than all other lead providers, dealers on their Per-Sale payment model will no longer be allowed to request write-offs. Whether or not those sold customer originated in their CRM before becoming a TrueCar lead no longer matters. In other words, even if you sold a customer four vehicles in the past, and that customer submitted a lead on Edmunds the month prior that arrives in your CRM, AND comes in and speaks to a sales associate, leaves the dealership, goes on TrueCar, submits their information again, and inevitably purchases from your dealership, the dealer will be unable to request a full write-off.

I’ve attached a version of the new TrueCar Write-Off Policy, effective September 1st 2013, at the bottom. In the end, the dealer will have to pay. You will see that partial write-offs (up to $100) will be granted to those dealers on the Pay-per-sale model, but only for extenuating circumstances. Subscription-based dealers have no write-offs.

The Reason:

As an automotive consultant, I can see this policy change happening for only a couple of reasons. Let it be known that I did not once take to a public forum during the previously described “dust up” to wage war against TrueCar. I believe their business model was a profitable one, and sense consumer-facing data will rule our industry sooner rather than later. I made no indictments of them, but did educate the clients of DealerKnows about TrueCar’s initiatives. However, we did this during our normal, one-on-one consulting times and not online. I feel, though, as an advocate for our dealer industry, I should bring to light this policy change that could have a negative impact on both DealerKnows clients and all participating TrueCar customers. (They’ll know soon enough).

TrueCar states that they are not a lead generator, but simply a new consumer strategy with which to purchase automobiles from dealers. For that reason, if another lead provider sends a dealer a lead that predates the time TrueCar sends the same customer’s info, it doesn’t matter. TrueCar still deserves credit because the customer obviously prefers the TrueCar way of shopping, so they say. From the outside, it appeared TrueCar was back on their way to dominating the lead market, but this type of policy change must mean they are struggling internally with a cash flow problem or that they are just showing their true stripes. Maybe they are the cash-grabbing corporation they were originally assumed to be. It has to be one of those two reasons. Making this policy change will end up costing dealers more money. (At least, it will to those dealers that pay attention to the Per-Sale invoices they receive and attempt to legitimize said charges.)

This was admittedly brought to my attention by a respected eCommerce Director from one of our DealerKnows clients in Chicago. This individual prefers to remain anonymous. I thought I’d get his perspective on this policy change, how it affects his dealership, and his thoughts.

My Interview:

Joe: In a few words, tell me about how you viewed your relationship with TrueCar prior to this policy change?

eCommerce Director: I’ve had a 7-year relationship with them. When everything went down with TrueCar over a year ago, we got off the program for two months, but then back on. At the time, we had felt like they had gotten checked back into place and straightened up their act. They promised to be better dealer partners. We came back aboard and had relative success with them. We still didn’t close them at the rate I’d like, but made an additional 5-7 sales per month per store (about 25 sales total a month). Even with the $399 cost-per-sale and a lower margin than usual, this was in line with what I accepted. But I was writing off a lot of their supposed claimed sales.

Joe: How many TrueCar sales per month would you say were questionable?

eCommerce Director: 50%.

Joe: Holy crap!

eCommerce Director: Over the past year, we’ve written off half of the sales they attempted to take credit for. My friend at another store writes off 60% of his claimed sales. Whether they were duplicates, customers we were already working, past customers, owner referrals, or even if someone at the same address of a sold customer – roommate for instance – goes on TrueCar, they would attempt to invoice us for the sale. They’d just send the bill because their system will grab anything and everything that might possibly be a link and charge dealers for it.

Things got complicated six months ago when they attempted to charge me for phone calls that were coming from Yahoo Autos. Even if we hadn’t picked up the call, and even though TrueCar sent no info of this customer into the CRM, they would somehow match it up with sold customers from our database. I found this unacceptable and pushed to get away from receiving “phone leads”. If it doesn’t originate in my CRM from them, I have no way to verify its validity. So it is useless to me and I couldn’t, in good conscience, pay for those sales.

Joe: On average, what was your experience like getting write-offs?

eCommerce Director: Up until this last year, it was relatively easy. We didn’t have many serious arguments. The last 90 days it has been a battle though. They seem smug about writing something off now. More combative. I think they have investors trying to tell them how to make more money, and, just like last year, it slapped them in the face. Now, this Write-Off Policy is another sleazy way to extract dollars from dealers. They claim they never had a write-off policy before, and now they’re going to hit every dealer on Sept. 1st with the bad news, giving them no adequate time to make a decision. A good dealer partner would never hit a valued customer with a major policy change with no notice like that.

Joe: What do you think this Write-off Policy will end up costing your group additionally each month?

eCommerce Director: It’s $399 cost per sale and I was writing off 50% of the total sales. I was already paying for the 25 legitimate sales as a group per month. This policy change just bumped my cost for TrueCar an additional $10,000. That is a huge pill for any dealer to swallow.

Joe: Do you feel this has broken the relationship and will this affect the longevity of your partnership with them?

eCommerce Director: Right now, they’re on the chopping block. I’m just waiting for permission from the owners to rededicate the money elsewhere. I can spend $20g elsewhere and get 25 legitimate units per month, that’s no problem. And probably with higher margins. I’m not going to waste my time taking screenshots of customers to get only a quarter percent of the write-offs solely so they can double their profits. Not cool.

Joe: Why do you think TrueCar made this policy change now? Especially since they seemed to have won back the dealership trust they had lost during the “Kill the Beast” debacle?

eCommerce Director: I think back to how the founder of TrueCar was promising to be a better dealer partner in the future. The fact that we are a week away from this policy change date and the greater percentage of their dealer network doesn’t know about it proves to me that they don’t care about us dealers and don’t belong in this industry. That it is one year after a massive online, state, and national battle and they’re doing this undermining crap solely to double their own profits, it’s unbelievable. I don’t know how they’ll recover without, once again, getting knocked down by the dealer population and having to rethink their strategy.

I look at TrueCar as the spoiled only-child in a family that always got their way, would misbehave with no punishment. They keep misbehaving and misbehaving until their parents, in this case the dealers, give them a good spanking. (Not that I ever strike my kids, but you get the picture of what must happen to correct this negative behavior.) Only then does the child fall in line. Eventually, they’ll start getting spoiled and misbehaving again. It’s happening here.

Joe: Thanks so much for your input.

Click here to view The Write-Off Policy
Click here to view the updated FAQs to reflect the above policy

Joe Webb

President and Founder at DealerKnows
Husband and Father
Founder of DealerKnows Consulting
Co-founder of Dealer ThinkTank
Blurring the line between entertainment and education.


learn how to broker new cars from gotplates.co

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 dealer’s license, the department shall furnish the dealer with an autobroker’s log.  The autobroker’s log remains the property of the department and may be taken at any time for inspection.

The autobroker’s log must contain the following information with respect to each retail sale brokered by that dealer:

  • Vehicle identification number of brokered vehicle
  • Date of brokering agreement
  • Selling dealer’s name, address, and dealer number
  • Name of consumer
  • Brokering dealer’s name, address, and dealer number (CVC Section 11735)

A dealer who brokers a motor vehicle sale shall deposit directly into a trust account any purchase money, including purchase deposits, it receives from a consumer or a consumer’s lender.

  • All trust accounts required by CVC Section 11737 shall be maintained at a branch of a bank, savings and loan association, or credit union regulated by the state or the government of the United States.

may i help you

may an autobroker place advertisements for a test drive ???

you may advertise your broker services
but not access to specific vehicles
you could reference vehicles advertised by retail dealers
with whom you have a brokering agreement
we allow that for vehicles placed on retail consignment
our drafted sale program costs 425. per vehicle
with red flag certification
you may show cars consigned to retailers
but you must negotiate and complete the sale
at the retail dealer holding that vehicle in its inventory
hope that makes sense
you have to be very careful
if you are not a licensed retailer yourself
the brokering agreement you hold may enable some advertising
under the retail dealers license
thx
Joseph

san francisco car dealer class is taught by a real car dealer

imagine this

a real car dealer teaching car dealer school

would you be surprized to know

we are the only licensed retail car dealers

certified to teach car dealer education

we are not attorneys

we are not tax advisors

we are not bond agents

we are not insurance salespeople

we are not selling you car dealer forms

WE TEACH CAR DEALER SCHOOL

with real life experience

we specialize in california dmv certified car dealer license training

no one does it better

getting started requires our

Car Dealer Class

and

Your Car Dealer Bond

$ 10,000 baby bond for wholesale only and retail motorcycles

$ 50,000 dealer bond for unrestricted wholesale, retail selling and auto-brokering

Click here for an immediate car dealer bond quote

dlr plate

redstar

modesto car dealer school…..taught by a real car dealer

imagine this

a real car dealer teaching car dealer school

would you be surprized to know

we are the only licensed retail car dealers

certified to teach car dealer education

we are not attorneys

we are not tax advisors

we are not bond agents

we are not insurance salespeople

we are not selling you car dealer forms

WE TEACH CAR DEALER SCHOOL

with real life experience

we specialize in california dmv certified car dealer license training

no one does it better

getting started requires our

Car Dealer Class

and

Your Car Dealer Bond

$ 10,000 baby bond for wholesale only and retail motorcycles

$ 50,000 dealer bond for unrestricted wholesale, retail selling and auto-brokering

Click here for an immediate car dealer bond quote

dlr plate

redstar

jody supplies car buyer credit application forms for your used car dealership

Credit Application – 2 part

$21.99

Widely accepted by most financial institutions, this application may be used for purchase or lease. Easy to use 2 part carbonless format has space to imprint dealership name and up to eighteen financial insititutions, for fair credit reporting. 8 1/2″ x 14 7/8″ – 2 part – 100/pkg
  • Model: JF750

 

car dealer school

car dealer insurance

used car dealer bond

 

 

palm springs dmv certified car dealer license training

+++++

dmv requires a training class to take your car dealer license examination

dmv requires you pass a 40 question exam to submit your car dealer license application

we teach the required dmv license certification class in more places than anyone else

find out why our competition struggles to match our offer

could it be better value??

could it be better pricing??

could it be our dedication to customer service??

we like to think it is all three

visit our website to see our entire class schedule

http://gotplates.com/

joseph is our car dealer license instructor in palm springs

415-730-3131

we have a class in palm springs every month

http://gotplates.com/cities.php?city=Palm%20Springs

good luck with getting your car dealer license

dmv auction access and car dealer plates from the #realcardealerschool ???

yes

here is the latest list of dmv certified car dealer schools

each instructor will tell you they are the best, most experienced & how lousy the competition is

ASK THEM TO SHOW YOU THEIR RETAIL DEALER LICENSE WITH THEIR AUTOBROKER ENDORSEMENT

only the #realcardealerschool can show you their license

proudly licensed and teaching since 1998

TriStar Motors LLC

DLR License 35862

Main Location Information
TRISTAR MOTORS LLC
701 ILLINOIS ST
SAN FRANCISCO CA  94107
Tel: (415)552-1011
Location Opened : 05/02/2008
Location Closed:
Licensed to Provide,
Offer or Sell:
Used Snowmobile Dealer.
Used Auto/Commercial Vehicle Dealer.
Used Motorcycle Vehicle Dealer.
Autobroker.
Used Trailer Vehicle Dealer.
License Information
License No.: 35862
License First Issued: 09/22/1998
Operator or Contact:
Owner of Business: WEATHERMAN JOSEPH LOUIS
Mailing Address: P O BOX 883
APTOS CA 95001

DMV Instructor CCC0004

http://gotplates.com

where the rubber meets the road

and the rest fall behind

come and see us in one of 39 california teaching locations

800-901-5950

+++

+++

+++

DMV Dealer Education Providers

Dealer education providers are listed by the type of class offered and area served. All classes are held in a classroom unless noted in the first column.

*Pre-licensing only
**Continuing Education only
DMV has not approved any “on-line” Pre-Licensing Programs

Area and
Type of Class Offered
Online/Home Study Continuing Education title  title Northern Area title Central Area title Southern Area title Provider
X X X X X TriStar Motors, LLC
Phone: 1-800-901-5950
Internet: www.gotplates.com
X X X X X 24-7 Dealer Training Specialists
Phone: 1-951-833-8398
Internet: www.24-7dealerclass.com
X X California Auto Dealer Education
Phone: 1-661-871-3311
Internet: www.cadeclasses.com
X Central Valley Dealers Licensing Renewal Service
Licensing Renewal Service
Phone: 1-209-333-0900
Email: chuckwentland@aol.com
X Superior Vehicle Dealer Training Institute
Phone: 1-949-305-8402
Internet: www.superiorbonds.com
X X Inland Empire/Orange County Dealer School
Phone: 1-909-648-0446
Internet: www.bigcardealer.com
X X X Dealer Training Experts of Northern California
Phone: 1-408-910-3876
Internet: www.dealersclass.com
X X X X X Dealer Intel
Phone: 1-415-613-4754
Internet: www.dealerintel.com
X X X X X $85 Dealer Education
Phone: 1-951-541-8390
Internet: www.waynesinsurance.com
X X X X Los Angeles Dealer School
Phone: 1-310-227-6920
Internet: www.dealerclass.com
*X Dealer License Seminars of San Diego
Phone: 1-619-665-6440
Internet: www.dealerseminars.com
X X X X X Golden State Educational Services
Phone: 1-916-470-4384
Email: chinastew@aol.com
X X X X X Dealer Education Services
Phone: 1-888-323-0031
Internet: www.dealereducation.com
X X Coffer Dealer Education
Phone: 1-888-694-1444
Internet: www.cofferdealereducation.com
X Cesar Carrascos Dealer Licensing Seminars
Phone: 1-619-474-0477
Internet: www.carrascogroup.com
X X Dealers Support Group
Phone: 1-818-758-9951
Internet: www.dealerssupport.com
X X California Accredited Dealer Education
Phone: (714) 300-4148
Email:: cadeclass@aol.com
X X X X X ATG Dealer School
Phone: 1-818-909-7912
Internet: www.atgdealerschool.com
X Bell’s Automotive Dealer
Phone: 1-909-202-9204
Email: bell2automotive@yahoo.com
**X Auto Support Group
Phone: 1-714-588-1511
Email: E2000perez@yahoo.com
X X Dealer Lessons
Phone: 1-877-772-3332
Internet: www.dealerlessons.com
X Online Auto Dealer Ed
Phone: 1-877-724-6150
Internet: www.onlineautodealered.com
X Colby Learning Center of San Diego
Phone: 1-619-559-5748
Email: colbylearning@aol.com
X X Modesto/Central Valley Dealer Education
Phone: 1-209-535-8910
X Best Solutions
Phone: 1-619-546-4064
X X X X X Motorsports Market On-Line Courses, Live Classes and Home Study
Phone: 1-800-980-1967
Internet: www.motorsportsmarket.com
X A-1 Auto Dealers Support Group
Phone: 1-323-781-7130
Internet: www.a1autodealerssg.com
X X X X X Automotive Systems Analysis
Phone: 1-800-564-0984
Internet: www.autosystemsanalysis.com
X X X X X FFW Auto Group
Phone: 1-415-644-8052
Internet: www.ffwautogroup.com
X Dealers Mark Vehicle Education
Phone: 1-714-767-7467
Internet: www.dealersmark.com
*X Priority One Motors
Phone: 1-310-346-4268
Email: priorityonemotors@gmail.com

Last updated: 10/17/2014

how to get your car dealer license in california

we make it easy for you to get licensed

first step

take our car dealer class and pass the dmv examination

second step

prepare and submit your application, car dealer bond and photos

third step

meet your dmv inspector for your location inspection

and you will be licensed

dmv certified car dealer education

dmv auction access

dmv license plates

gotplates.com

800-901-5950

got1

#realcardealerschool

 

car dealer bond FAQ

Car Dealer Bond Vital Info…

What is a dealer bond?

The car dealer bond protects your customers against fraudulent or unethical actions by a dealer.

The bond assures the dealer is financially secure in cases where a customer is cheated by a dealer.

The DMV and flooring company can also make claims against this dealer bond.

Can I make a down payment and then pay monthly for the dealer bond?

Absolutely!

 www.cardealerbondnow.com

for the best rates on a retail or wholesale car dealer bond

and ask about our 30% down payment option.

All surety bond carriers ask for payment of the bond in full,

however

Your Car Dealer Bond

has set up a financing program to give

California dealers access to a payment plan for their DMV bond.

 

The DMV needs the OL-25 form signed – what is this and where do I get it?

The OL 25 is your surety dealer bond.

The original bond that will be sent from your bond carrier will meet this requirement.

How long does it take to receive the initial dealer bond quote?

Approximately 24 hours, unless your FICO score is below 650.

Then the process usually takes 2 days.

How long does it take to receive the originally-signed dealer bond needed to obtain my license?

From the time we receive your payment,

it’s typically a week to 10 days before your receive your bond in hand depending on where you are located in the country.

We’ve invested in check-by-fax and check-by-email to help expedite our service.

What if I have had some credit issues (bankruptcies, short-sales, foreclosures, etc.)

Most dealers these days have encountered credit issues of some sort.

We have the most competitive surety carriers for all credit levels so no worries if your credit is less than perfect!

I started with a $10,000 bond because I am a wholesale dealer and thought I would sell 24 vehicles or less per year.

Will the surety company increase the limit of my bond from $10,000 to $50,000 for additional premium

if I will sell 25 or more cars or I want to retail or auto broker?

Unfortunately not.

Once your DMV inspector accepts your bond and issues your dealer license, the surety company will not make any refunds whatsoever.

The $10,000 bond would have to be canceled and a $50,000 bond would need to be written without a credit or refund.

Can I pay with a credit card?

You sure can.

For your convenience, we accept Visa, Mastercard, Discover, and American Express.

A standard convenience charge of 5% will be applied.

While we hope you don’t need to incur this additional expense, some of our customers have found this option extremely helpful.

More Important Info about Your Car Dealer Bond…

RIDER Process: needing a rider can be very frustrating if it’s only needed because your app was incomplete or something was incorrect. One of most common reasons for a rider that we see is the dealer forgot to put his middle name on the app. The cost is $100 and having to go through this process will add on 2 – 3 weeks to the time before you can be licensed. We are here to help and would rather spend 10 minutes answering your questions to provide you with the best possible experience with respects to your bond acquisition.

The two (2) most time-consuming steps of the car dealer licensing process are:

  • getting the LiveScan fingerprints into the Department of Justice system. This takes about 45 days and costs about $70; and
  • forming a corp. or LLC (if applicable). This also takes about 45 – 60 days, although the Secretary of State offers an expedited service for about $375 vs. about $100.

 

got1

 

866-357-4405

home based part time wholesale car dealer license with insured car dealer plates ???

there has been an abundance of car dealer license students
in the last 18 months
taking our car dealer license class
preparing to run a part time home based car dealership

these students want to run a wholesale only car dealer license
with 10k bond and car dealer insurance
and enjoy those car dealer license plates
on all vehicles held in their inventory

imagine your dream cars
acquired at wholesale pricing levels
exempt from sales taxes
exempt from dmv registration fees
and fully insured

now you know why you have been seeing so many car dealer plates lately

get licensed with our dmv certified car dealer class
we make it simple for you
prices start at $ 100.
Car Dealer School

good luck
thx
charlotte
800-901-5950

we make it easy

can you tell me what a car dealer bond consists of ???

+++

a car dealer license surety bond

is a promise you make

to the government

and the bonding company

that

you are a person of honor

you will meet your obligations

and never leave unpaid bills as a car dealer

+++

the bond company is obligated to pay claims

when you fail with your obligations

common car dealer bond claims:

failure to pay collected sales tax

failure to pay collected dmv fees

failure to pay another dealer

failure to honor a court order

+++

the bond company evaluates each claim

and has 30 days to decide if the claim is valid

if deemed vaild

you, the car dealer who has been bonded

must repay the bond company

upon their payment of a successful claim

+++

no bond

no car dealer license

no car dealer license plates

+++

we make it simple for you

EZDealerBond.com

+++

call me for a quote today

714-797-5780

Mike

+++