Dealer Bond vs. Cash Deposit
In order to operate as a dealer in California, the California Department of Motor Vehicles (“DMV”) requires dealers to provide a $50,000 dealer bond to protect purchasers, sellers, financing agencies, […]
In order to operate as a dealer in California, the California Department of Motor Vehicles (“DMV”) requires dealers to provide a $50,000 dealer bond to protect purchasers, sellers, financing agencies, […]
Electronic transactions have vastly simplified the way many industries document deals. Several of my automobile dealership clients have inquired as to whether vehicle transactions can be documented electronically. Currently, the […]
September 20, 2018 Re: California Assembly Bill (AB) 516 – Temporary License Plates California Assembly Bill (AB) 516 was chaptered on July 25, 2016, with an implementation date […]
PROP 65 GENERALLY Prop 65, aka the Safe Drinking Water and Toxic Enforcement Act, requires CA to publish a list of chemicals known to cause cancer or reproductive toxicity, and […]
Most dealerships in California utilize a commission compensation structure in order to pay their sales staff. Doing so is generally allowed if the dealership complies with the myriad of laws […]
A safety inspection for a vehicle that your dealership is going to offer for sale to the public is not just a good idea, it is required by law. A […]
On April 2, 2018, the United States Supreme Court issued its opinion in Encino Motorcars, LLC v. Navarro, et al. No. 16-1362 (“Encino”). In Encino, […]
So you have sold a vehicle. You have informed the customer that, per the Retail Installment Sales Contract, any and all disputes they may have with either the purchased vehicle […]
Given the prevalence of vehicle history reports such as CarFax and AutoCheck, and consumers’ demand for the same when they purchase used vehicles, an […]
In June of 2015, on behalf of one of our dealers, our firm secured an order, by the United States District Court for the Central District of California, dismissing a […]