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 …

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 …

learn the history on any vehicle identification number ( 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 …

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 …

BHPH auction tips

5 Auto Auction Tips for BHPH Dealers Motivated BHPH dealers can increase and improve their used inventory by putting these essential auto auction tips into action As a Buy Here, Pay Here (BHPH) auto dealer, you fill an important void in the industry. For individuals who can’t just walk into …

is it hard to qualify for a car dealer license bond ???

  In order for a bond company to approve a vehicle dealer bond  of $10,000 or $50,000, they will run your credit report. If there are no negative items showing on your credit report and have a decent credit risk score, you should not have any problems obtaining the bond. …

learn the history on any vehicle identification number ( 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 …

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.