Retail Sale Checklist

SACRAMENTO – The Retail Sale of a Vehicle to the Public has become a complicated compliance puzzle for California Car Dealers. We have assembled the following Compliance Checklist to assist dealers & salespersons to get it right every time.
When preparing a car for sale, prior to offering the vehicle for sale to the public make sure you have the following documents completed & ready for presentation to the buyer:

Federal Buyers Guide

NMVTIS Vehicle History Report

Division 12 Safety Inspection by a Licensed Mechanic

Smog Inspection & Certificate less than Two ( 2 ) Years Old

Safety Recall Disclosure

Prop 65 Sticker & Disclosure

Song Beverly As – Is Sticker & Disclosure

Prior Vehicle History Disclosure


When showing the vehicle to a potential customer make sure you collect a current drivers license & insurance card and prepare a letter of permission for the test drive. This small step places the buyers insurance in primary position in the event of an insurance claim.
When the potential customer shows interest in the vehicle and you are going to complete the sale make sure you prepare and present the following additional documents.


Authorization to Run Credit

Contract Cancellation Option

Pre-Contract Disclosure

Spanish Copy Offer

Translation Document Offer

Conditional Sales Contract

Reg262 Bill of Sale with Power of Attorney

Electronically Generated Report of Sale

Temporary Plates Front & Rear of Vehicle

Original Title with Wet Signature Odometer Statement

Lienholder Demand Letter

Sales Tax Rate Verification


Remember the following limits on fees:


Contract Option & Restocking is price based.

Fee totals vary from 175. to 500. Max.

Document Preparation Fees Max of $ 70. + tax

( if BPA may increase to Max of $ 85. + tax )

Smog Inspection Fee Max of $ 50. + tax

Smog Certificate Fee Max of $ 8.25


Transfer Fee $ 15.

License Plate Fee $ 22.

Estimated Registration Fee requires a refund if overcollected.

Electronic Processing ( BPA Only ) up to $ 30.


Delivery Fees are only allowed after the sale.

Used Vehicle Dealer Preparation Fees are prohibited.

Bank Origination Fees are prohibited.


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800-901-5950


Email us at admin@gotplates.com

if you wish a free copy of the TriStar Motors

Contract Preparation Spreadsheet

Dealer Education Bond Agents 2022

Retail Used Car Dealer License requires a $ 50K bond.

Auto Broker Endorsement requires a $ 50K bond.

Wholesale Dealer ( 25+ ) requires a $ 50K bond.

DMV Registration Agent requires a $ 25K bond.

Wholesale Dealer ( <25 ) requires a $ 10K bond.

Motorcycle Retail Dealer requires a $ 10K bond.

DMV VIN Agent requires a $ 5k bond.

+++++

Bond Activation requires a credit check.

All Dealer Owners must be listed on the bond.

Every Bond must match Ownership Structure.

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DMV Certified Dealer Bond Agents

Sony Duong – Unipoint – 714-677-0843

Mike Ramos – Cal-Surety – 714-797-5780

Reza Sarkhosh – Sarkhosh Insurance – 559-243-9000

+++++

EZ

Simple

Compliance

#realcardealerschool

800-901-5950

Obtain Your Redding Car Dealer License

Retail Dealer??

Broker / Buyers Agent??

Wholesale / Auction Access??

Licensed DMV Registration Agent??

Licensed DMV VIN Verification Agent??

Your Car Dealer Bond with the Lowest Price??

Dealer License Plates with Full Coverage Insurance??

+++++++++++++++++++

DMV requires you to take a

pre license education class to obtain

your used car dealer license from the DMV.

The list of DMV Providers is long & diverse.

WE ARE THE BEST CAR DEALER SCHOOL IN CALIFORNIA

ESTABLISHED IN 1998

Online ( signup online @ gotplates.com )

Home Study ( Text your Photo ID to 415-730-3137 )

One on One In Person Classes ( Call our TriStar Motors office 800-901-5950 )

EZ

Simple

Compliance

DMV Title Stamp for Export Only

AB 2996, as introduced, Eduardo Garcia.

Vehicle registration: certificates of title.

Existing law makes findings and declarations that when vehicles are exported and their title records are not amended to reflect exportation, it is conducive to vehicle theft and insurance fraud.

Existing law requires an owner of a vehicle titled in California who seeks to export the vehicle to appear at the Department of Motor Vehicles with the certificate of title to ascertain whether there are any liens of record outstanding and whether the person exporting the vehicle is the lawful owner.

This bill would declare the intent of the Legislature to enact legislation relating to automobiles designated for export.

REAL Dealers Teaching Dealers

We Support Export Vehicle Title Stamping

AB 2996

800-901-5950

Sacramento Dealer Training

Start Your Own Car Dealer Business

Wholesale dealers can operate from home

Wholesale dealers can work with a 10K Dealer Bond

Wholesale Dealers enjoy unlimited DLR Auction Access

Wholesale Dealers enjoy No Sales Taxes or Reg Fees on purchases

Wholesale Dealers operate on One Comprehensive Insurance Policy

DMV Certified Dealer Training since 1998

EZ

Simple

Compliance

800-901-5950

can you imagine a car dealer instructor who has NEVER sold a car ???

imagine a so called certification specialist
retired as a DMV inspector
who has NEVER sold a car
trying to teach you dealer education
it makes no sense to waste your time
++++++++++++++++++++++++++
imagine an attorney
with a wholesale license
who has NEVER sold a car
trying to teach you how to become a car dealer
it makes no sense to waste your time
++++++++++++++++++++++++++
imagine an insurance agent
with no license what so ever
who has NEVER sold a car
trying to teach you the dealer registration process
it makes no sense to waste your time
++++++++++++++++++++++++++
NOW IMAGINE A LICENSED DEALER / BROKER
WITH A REGISTRATION LICENSE
WITH A RETIRED DMV TRAINING MANAGER
WITH ACTIVE VEHICLE VERIFIERS
WITH ACTIVE DMV REGISTRATION AGENTS
AND A STATE LICENSED CAR DEALER ATTORNEY
READY TO TEACH YOU
HOW TO BUILD A BULLET PROOF FOUNDATION 
FOR YOUR CAR DEALER LICENSE
ONLY ONE PLACE
GOTPLATES ???
800-901-5950 

 

can a wholesale car dealer sell directly to the public ???

DMV Licensing Choices

All dealer license applicants must select the type of dealership they wish to create.

The choices are:

Wholesale Only

Wholesale only dealers sell from dealer to dealer, auction or dismantler, A wholesale only dealer cannot sell directly to the public. We offer drafted sale assistance for wholesale only dealers wishing to sell an inventory unit to the public.

Wholesale dealers selling 24 units per year or less require a $ 10k bond.

Wholesale dealers selling 25 units or more per year require a $ 50k bond.

Wholesale dealers do not need parking, outside or inside signs.

Zoning approval is usually simple and may allow a home based dealership if separate entrance requirements are met.

Retail

A retail license includes a wholesale license. Retail dealers are unrestricted in whom they can sell their inventory to. Retail dealerships require a commercial location with local zoning approval including assigned parking, inside and outside signs. Mixed use locations may qualify with zoning approval and separate offices. Only one dealer may occupy a USPS approved address.

All retail dealers, except motorcycles require a $ 50k bond.

AutoBroker Endorsement

Any dealer, wholesale or retail, with a $50k bond, local zoning approval and an outside sign may choose to become a licensed autobroker.

AutoBrokers may legally collect a finders fee when they bring a customer to a selling dealer. AutoBrokers must establish a trust account and have written authorization signed by the buyer to get paid. AutoBrokers may collect fees from the buyer and the selling dealer with full written disclosure. The fee is $ 125. then $75. per year

AutoBrokers are legally allowed to deliver brokered dealer inventory provided they have assigned their own dealer plate and have dealer insurance on file.

Call jonathan@autoconnection.com to broker new cars, 415-331-5983

Drafted Sales for Wholesale Only Dealers

TriStar Motors LLC as the only licensed retail dealer / broker certified to teach DMV dealer education offers wholesale dealers the ablity to draft retail sales on their retail dealer / broker license. Red Flag Certification required and fees are $ 250. per transaction. Restrictions apply.

Call joseph@gotplates.com to arrange a drafted sale, 800-901-5950.

Sonia DealerTraining101 Spanish 619-647-7324

Do You Have A Passion for Cars?

Do You Understand The Process of Repair?

Your Knowledge Can Generate Significant Cash

Become a Licensed Wholesale Used Car Dealer

Work From Home

Pay No Sales Taxes

Avoid Registration Fees

Operate on Dealer License Plates

Fleet Insurance For Your Entire Inventory

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Modestowholesale101

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REAL Dealers Teaching Dealers

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Jorge Elizalde 209-985-0426

Iris Cervantes 619-933-6112

Sonia Haloulos 619-647-7324

Elizabeth Bertolone 408-761-0107