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 …

make sure you understand the lemon law

The Federal Lemon Law: How Well Does Your Dealership Understand the Rules? Only dealership customers with warranties are protected under the Federal Lemon Law. You undoubtedly take a lot of pride in your dealership and the inventory you offer. However, whenever you are selling cars — especially used cars — …

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 …

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 …

bake fresh inventory every 60 days

How to Sell Used Car Inventory in 60 Days Those hard-to-sell vehicles in your used car inventory aren’t just taking up space—they’re cutting into your profits It’s a beautiful morning as you open your auto dealership for the day. You look across the lot, and the sun is shining down …

car dealers pay well for required dmv vehicle verifications

A “vehicle verifier” is a person not expressly excluded by Section 675.6 who inspects, records, documents, and submits to the department, or its authorized representative, such proof of vehicle identification as may be required by the department for the purpose of registering or transferring the ownership of vehicles.

your car dealer bond is critical to getting your car dealer license

1. Auto dealer bonds reinforce industry regulations.   Since they’re required before auto dealers can apply for their licenses, auto dealer bonds fall into the license and permit surety category. Government agencies that regulate a wide array of industries establish license and permit bond requirements as a way to ensure …

avoid the salvage surprize

+++ #runtheVIN +++   +++

honor your car collection at the #realcardealerschool

WHOLESALE CAR COLLECTOR DEALER TRAINING wholesale car collectors struggle to hold ownership of their collectible vehicles with our high california sales tax, registration fees and insurance costs many hold their collection on an ” open title ” without legal protection of registered ownership penny wise and pound foolish how about …

get car dealer license plates from the #realcardealerschool

car dealers have to comply with lots of rules and regulations take a look at the DMV Car Dealer Handbook when building your car dealer license look for a car dealer school with broad industry experience a current retail sales license and solid teaching skills ONLY ONE CAR DEALER SCHOOL HITS ALL …