tesla seeking to break new ground for car sales nationwide

Automaker Tesla looks to bypass car dealers

The Tesla showroom at the Natick Mall has an electric car on display.

WENDY MAEDA/GLOBE STAFF

The Tesla showroom at the Natick Mall has an electric car on display.

Across from the Victoria’s Secret at the upscale Natick Mall is the kind of stylish storefront where you would expect to buy designer jeans, boutique jewelry, and chic accessories.

But the expensive bauble on sale in this storefront is a car — the super-sleek, super-fast Tesla electric vehicle. And the Natick outpost may just be the car showroom of the future, as Tesla plans to soon introduce a midpriced model intended to broaden its appeal among car buyers.

That is, if Tesla wins its pitched battle with Massachusetts auto dealers over the right to sell its vehicles directly to the public from a comfy store, or over the Internet, rather than through a traditional car dealership, as usually required.

On Tuesday, the fight landed the two sides before the state Legislature, where Tesla and local auto dealers, through their state association, asked lawmakers to legislate the terms of car buying in Massachusetts in their respective favors.

The hearing Tuesday on Beacon Hill featured polar policies: one bill that would expressly outlaw Tesla’s direct-to-consumer sales model, and another that would legalize it.

“It really comes down to consumer choice,” said Natick state Representative David Linsky, who is sponsoring the pro-Tesla bill. “What delivers the best deal, the best service for the consumer? Let’s let the market determine it.”

Elon Musk is chief executive of Tesla, which is fighting battles in other states that have franchise laws like the one in Massachusetts.

PAUL SAKUMA/ASSOCIATED PRESS

Elon Musk is chief executive of Tesla, which is fighting battles in other states that have franchise laws like the one in Massachusetts.

The outcome of the case could help shape how consumers go about buying cars, holding out the prospect that it someday may be as easy as, say, going to the Apple store to order a new laptop.

The dealer franchise law was adopted to protect local car sellers from undue pressure from the major automakers by, for example, preventing manufacturers from opening their own nearby car lots and underselling their own dealers.

Robert F. O’Koniewski, executive vice president of the Massachusetts State Auto Dealers Association, said the law protects consumers because it encourages car sellers to compete with each other; allowing a carmaker to act as its own dealer would eliminate the dynamic of competition within the brand.

And all Tesla has to do, O’Koniewski said, is join the crowd and sell its cars through the independent dealer system.

“This has nothing to do with trying to prevent them from doing business in the Commonwealth,” O’Koniewski said. “It has everything to do with following the law, like the other 412 dealers have to do and the other 25 manufacturers have to do.”

But Tesla counters that independently owned dealers are in effect exerting a monopoly on car sales in Massachusetts. James C. Chen, the company’s vice president of regulatory affairs, told lawmakers Tuesday that Tesla might shift to a franchised dealership model in the future, but for now the 10-year-old company only makes 21,000 cars per year — not nearly enough to support a network of dealerships selling Teslas exclusively.

That means a dealer would have to sell Teslas alongside gas-powered vehicles, which sets up a conflict of interest, Chen argued.

“There is a financial disincentive for them to sell electric vehicles, versus their internal combustion engine vehicles,” he said. “To tout the benefits of an electric car would naturally denigrate the incumbent technology.”

This is the second major debate in the past year in Massachusetts about competition in the auto industry. The “right to repair” battle pitted auto manufacturers against independent mechanics over access to diagnostic and repair information, which now must be made available through a universal system by 2018. Proponents argued it was unfair for carmakers to monopolize that information and force consumers to bring their vehicles to auto dealers, where manufacturers would receive a slice of the repair bill.

Tesla, meanwhile, is fighting similar battles in many other states that have franchise laws like the one in Massachusetts. The company is also dealing with a troublesome setback, as federal safety inspectors on Tuesday launched an investigation into whether Tesla’s Model S electric car is vulnerable to fires because roadway debris can pierce the car’s underbody and battery — igniting fires in two Model S cars recently.

The lower-powered Tesla begins at around $70,000 and can top $120,000 with a larger battery and the kind of luxury amenities found in cars made by Jaguar and BMW.

Despite its price tag, the Tesla Model S has wowed car aficionados and industry reviewers with its super-fast performance, super-sleek design, and high-tech interior. No less a gimlet eye than Consumer Reports earlier this year gave the Model S a near-perfect rating — 99 out of 100 — and described the car’s performance as “a silent yet potent surge of power that will make many sports cars weep with envy.”

The higher-powered version can travel about 265 miles on a single charge and recovers about 30 miles for every hour of charging with a traditional plug.

Supercharging stations, which Tesla is building at highway rest stops across the country — with two in Connecticut — can provide a simple repower in less than an hour.

The company plans within the next few years to unveil a more affordable car that it expects will start at about $35,000, though a firm release date has not been set. More immediately, Tesla will again try to push the futuristic envelope with its Model X SUV, scheduled for next year at a similar price as the Model S. The Model X will feature “falcon wing” doors that open vertically.

The Tesla’s performance is one of the reasons Hingham resident Laura Burns bought the Model S. But she said the best part was the direct-buying experience.

“There may be people who like to haggle with dealers, but I don’t know any,” she said. “Most people hate it. The experience was night and day.”

Callum Borchers can be reached at callum.borchers@globe.com. Follow him on Twitter @callumborchers.

great time to become a used car dealer

Jeanette Pavini

JEANETTE PAVINI’S BUYER BEWARE Archives | Email alerts

This is a fantastic time to buy a used car

 By Jeanette Pavini

With the average price of used cars at a four-year low and the proliferation of certified preowned programs offered by car makers, this is a great time to be shopping for a used car. But you need to be well-prepared to get your money’s worth when you drive off the lot.

Some of the best news for used-car shoppers is that pent-up demand is driving up sales of new cars. New-car sales are rebounding strongly and Edmunds.com experts say that trend will continue next year. Plus, the number of expiring leases also is increasing. All this points to a bigger inventory of used cars.


Shutterstock.comEnlarge Image

It also means some models are sitting on the lots a bit longer, and the prices are going down. According to Edmunds.com, the average price for used cars in the third quarter was $15,617, the lowest it has been in four years.

If you’re after a Volvo, GMC or Chevrolet, then you’re in luck. According to Edmunds.com, those three brands sat on lots longer than others and therefore typically carried a lower price. But if you’re after a Honda, Toyota or Lexus, you may find an above-average price. These cars were most popular in the third quarter.

While timing and prices are important, there is also work to be done before you buy a used car, whether it’s from a dealer or an individual. Don’t just drive the car around the block. Give the car a thorough test drive on highways and hills.

Look for an inspection checklist like this used-car work sheet from DMV.org. It reminds you of all the things you need to do, like bringing a CD to test the car stereo, checking the windshield wipers, and making sure the car manual is in the glove department.

Research before you shop. Use a site like Edmunds.com, Kelley Blue Book’s KBB.com orTrueCar.com to estimate the value of the car. This will help you determine a fair price before you go into negotiations.

You may also want to research typical repair and maintenance costs for the vehicle you’re interested.

Some cars are far more expensive to fix and maintain than others, so even if you get a low price, you might still be paying big bucks in the long run. You can use calculators like Edmunds.com’s True Cost to Own feature. It calculates a variety of factors including maintenance and repairs to determine how much your vehicle will actually cost you. Also, check with your insurance company to see if your insurance will go up.

The Federal Trade Commission recommends checking an independent database service to review a vehicle’s history. They suggest the Justice Department’s National Motor Vehicle Title Information System. There is a small fee to receive a report, ranging from about $2.95 to $12.99. per report.

This service is good for more than just cars. You can find reports on buses, trucks, motorcycle, RVs, motor homes—even tractors. The report covers information about the vehicle’s title, odometer, and some damage history.

The National Insurance Crime Bureau has a free database where you enter a car’s vehicle identification number, or VIN, and can access a car’s history to see if it has been reported as a stolen but not recovered car, or a salvage vehicle. According to the NICB, the vehicles stolen the most often in 2012 were the Honda Accord, Honda Civic, Ford full-size pickup, Chevrolet full-size pickup, and Toyota Camry.

The FTC also suggests checking with a local consumer protection agency or your state’s attorney general’s office to find out if a dealer has any unresolved complaints.

The so-called Used Car Rule requires dealers to post a buyer’s guide in each used car (with the exception of dealers in Maine and Wisconsin). It must state whether a vehicle is being sold “as is” or under warranty, including how much of the repairs a dealer will cover under that warranty. Among other things, it will also tell you to have the car inspected by an independent mechanic before you purchase it. This is advice you should definitely take.

And finally, in many states you can purchase the right to a “cooling-off period.” You pay a fee based on the purchase price and if for any reason you change your mind, you have the right to bring the car back within a specified time period. Alternately, some states don’t have cooling-off periods, so check with your state’s motor vehicle department.

Emmy Award-winning broadcast journalist, documentarian and author Jeanette Pavini covers consumer and investigative news for numerous publications, radio and television. Jeanette is based in the San Francisco Bay Area.

jody is the bomb when it comes to car dealer forms

Jody Forster Enterprises is proud to be a Full Service Company providing Auto Dealerships with all their business necessities since 1991. Jody Forster understands the ins & outs of the Auto Business as her entire family have been actively working in the Auto Industry for the past 55 years. We believe  having an Automotive background gives us the Edge Above All the Others!

Jody Forster  began with  a small  6 x 6 booth and expanded covering Los Angeles Auto Auction, California Auto Dealer Exchange, Southern California Auto Auction, Riverside Auto Auction, Adesa Los Angeles and Quartz Dealer Direct Auto Auction. Currently, Jody Forster covers South Bay Auto Auction in Gardena on Monday and Norwalk Auto Auction in Norwalk  on Tuesday.  Come on out and meet with her.

949-837-4088

formslady.com

how to file a car dealer complaint with the california dmv

Filing a Complaint with the Department of Motor Vehicles

You should know that DMV has limited resources to review and catalog these complaints. Your information will be reviewed by Investigations and Audits and/or Licensing Operations. Not all complaints are investigated.

Use the (Record of Complaint Form (INV 172A) to register a complaint regarding a new or used vehicle dealer, a broker, dismantler, registration service, vehicle verifier, misuse of Disabled Person Parking Placard/Plates, driving school or traffic violator school. Only written complaints, submitted on this form, are accepted.

DMV investigators conduct selective investigations of these licensees and their activities, based upon the department’s priorities, patterns of misconduct and the availability of personnel. Your complaint will be kept on file in case an investigation is undertaken against this party or firm. If this occurs, you may be contacted.

You should know that, even if DMV conducts an investigation, this can only result in criminal or administrative action against the licensee, and may not result in any monetary judgment or award to you or other victims. Your only recourse to recover a financial loss, or to seek another remedy, is to consider filing a civil claim against the licensee.


Typical Complaints within the Department’s Jurisdiction:

  • Counterfeit/fraudulent/forged DMV Documents
  • Odometer Fraud
  • Dealer Did Not Transfer Registration to Buyer Within 60 Days
  • Dealer Overcharged for DMV Fees
  • Unlicensed Dealer, Dismantler, Registration Service, Driving School, etc.
  • Certain Fraudulent Misrepresentations
  • Violations of the Motor Vehicle Sales Finance Act
  • Violations of the Moscone Vehicle Leasing Act
  • Misuse of Disabled Person Parking Placard/Plates

You Should Know:

  • It is your responsibility to read and understand your vehicle sales contract before signing it.
  • The term “AS – IS” means exactly that. Inspect a potential purchase carefully, or have it checked by a mechanic.
  • Be aware there is no “cooling off” period on vehicles purchased from a dealer unless you obtain a contract cancellation option, which is available to you when buying specified used cars from a licensed dealer.
  • If you signed a contract and later decided you do not want the vehicle, you may still have to make payments, as required by the contract. You may wish to contact an attorney for assistance. Failure to pay may damage your credit. Returning the vehicle to the dealer does not cancel the contract or release you from the agreement. The dealer may have the vehicle towed elsewhere and you will be charged for towing and storage.

DMV Cannot:

  • Give legal advice or discuss a case prior to investigating a complaint.
  • Act as a go-between to settle contract terms for buyer or dealer.
  • Investigate complaints against private parties, unless the complaint is for suspected odometer mileage fraud, counterfeit/fraudulent/forged DMV documents, or they are acting as an unlicensed motor vehicle business.
  • Recover money or property for the consumer.
  • Investigate most complaints about the condition of used cars. “AS-IS” on a contract or Buyers Guide, displayed on the used car window, means you will pay all repair costs after you sign the contract, not the dealer. (Safety equipment problems are handled by the California Highway Patrol.)
  • Resolve disputes over money owed to or by another party.
  • Force a dealer to take back a vehicle after a contract is signed.
  • Investigate verbal agreements or statements, made by the dealer, about the vehicle.

Alternatives:

You can seek remedy through the courts, which may award money or order actions to help you reclaim property. To do this, you can contact a private attorney or legal aid group. Legal aid agencies may give free legal advice or represent people who cannot afford private counsel. Legal aid groups are listed in the white pages of the local telephone directory.

You may choose to file a case in Small Claims Court, where claims are limited to $5,000. Some courts provide advisors to explain procedures and prepare claims. Check for Small Claims Court in the County Government pages of local telephone directories.

Many consumers feel it is worthwhile to contact their local Better Business Bureau to register complaints regarding area businesses. Also, many local television and radio stations offer free consumer assistance through a special telephone number or address.


Other DMV Resources:

Private party vehicle sales: problems with transfer and registration.

Contact nearest DMV Field Office. Check state government section of local telephone directory for telephone number and location.


Lemon Law information

Contact New Motor Vehicle Board. Call (916) 445-1888.


Bond information for dealers gone out of business, how to file a claim against a dealer bond.

Contact DMV Occupational Licensing Unit. Call (916) 229-3126, Monday through Friday, between 8 a.m. and 5 p.m.


To File a Record of Complaint:

Before filing a complaint with DMV, attempt to resolve the problem with the other party or firm.

If your attempts are unsuccessful, and you wish to submit information for our files, complete the enclosed Record of Complaint Form (INV 172A) and attach photocopies of all documents related to the complaint. Do not send original documents.

Refer to the back of the attached Record of Complaint Form for statewide office locations. Send the complaint and photocopied documents to the Investigations District Office closest to where the sale took place or dealer is located. Remember that civil or small claims actions are the means by which you may seek damages or reimbursement of any loss you may have suffered. DMV cannot assist you in this aspect of problem.


See web site “Consumer Information” for additional information that will assist consumers who are planning to purchase or have purchased a vehicle.

dmv occupational licensing inspector for our fremont car dealer class

after you take our

fremont car dealer class

you will take your dmv car dealer examination

and

submit your car dealer license application

to the dmv licensing inspector in hayward

Hayward, 150 Jackson Street, 94544

    • (510) 728-1349

Directions to this office

CLICK HERE FOR OUR PRACTICE DMV LICENSING EXAMINATION

got1

got broker ???…..get louie bookout…..CBS

Los Angeles is filled with the world’s most fascinating jobs. It is the mecca of the entertainment industry where you can find yourself at a bar having a drink next to some really interesting people. From models to aspiring actors, musicians, agents, chauffeurs, personal assistants, all provide the backdrop to amazing stories. There is one person that truly has the most interesting job. Meet Louie Bookout.

 

Louie Bookout of Celebrity Business Services

Starting Small but Dreaming Big

Most people first met Louie Bookout on Bravo’s Million Dollar Listings when he delivered a Mercedes to the house of celebrity Real Estate Broker Chad Rogers. What most viewers didn’t know is that Louie Bookout has been providing elite Los Angeleans hard-to-find luxury cars for years.

Bookout began his company, Celebrity Business Services, 17 years ago. Celebrity Business Services is a thriving private car dealer in a world where the words car dealer and thriving are almost never used in the same sentence. It has been nearly 30 years since Bookout came to Los Angeles to make some quick money in order to get another business started. He left the business for a short time, only to return when he realized he loved working in the car industry. Bookout began his auto sales career working at a Mercedes dealership. He started as a sales representative, moved on to sales manager, then was in line for a general manager. He dreamed of owning his own dealership someday.

One of the buyers at Bookout’s dealership was an auto broker, meaning he was a middle man between the dealership and car buyers. Many of the broker’s clients were in the entertainment industry. Bookout noticed this man did not always seem happy, and was many times very grumpy. Even while grumpy, he still managed to sell 20 cars per month. “He was selling 20 cars a month, I figured that if I was doing the same thing, with a better attitude, I could sell 40 cars a month.” Today, in the midst of a tough economy, Bookout is doing just that. He estimates he sells approximately 40 to 50 cars per month. The cars he provides range from MercedesBMWs, and Bentleys, toRolls-Royce and Range Rovers. His clients are generally in the entertainment industry, from actors and actresses to agents, business managers, and accountants to the stars. It is safe to assume that Bookout’s rolodex is a who’s who of Hollywood’s Power Players.

Servicing Hollywood’s A-List

With that kind of client list, one would expect not to have many headaches over business. And there aren’t. “Many of my clients have business managers or accountants that handle where the money is going. The biggest hurdles are when I get a referral from one of my clients and the new client isn’t as established and they don’t have handlers yet. They still handle all of there own financial responsibilities. Many times those people don’t use me the way they need to.” Bookout looks out for his clients’ best interests. He will give them advice to help figure out what is the best deal for them. He also looks out for his relationships and his client list is very private. He guards that list like a lion and won’t dish any celebrity dirt. The only way to know if a person is a client of Bookout’s is if the car has his customized logo of a B with wings attached on the license plate holder. In one way he has built a brand, but also an elite club that few have access to.

No Advertising Necessary

From his first client to today, Louie still has never done any advertising or marketing. You won’t find a web site containing information about Celebrity Buying Services. You  won’t even find his office hours posted anywhere because he doesn’t have specific times that he works. Everything is word of mouth. He estimates that his retention rate is approximately 85%. It is the “Louie process” that sells. Clients simply call and request the type of car that they want. They may tell him certain options they prefer, whether or not they exist. From there Bookout handles everything. He finds the car whether it is in Los Angeles, or Cleveland, and coaches his clients on cost and financing options. He handles all of the paperwork, and in the end, delivers the car to their home or office. All of this service at no additional cost to his customer. For that he relies on his relationships with the dealerships.

There are only a handful of private car dealers such as Louie’s Bookout’s Celebrity Buying Services and Bookout is the only one who sells nationwide. While he calls Los Angeles home, he has clients in New York, Miami, Tennessee, and is even making a name for himself with elite casino executives in Las Vegas.

Bookout feels blessed with the success that Celebrity Buying Services has had and has maintained over a 17 year period. He knows he is fortunate that he doesn’t have to wake up and go to a dealership every morning. “The world is my dealership” is what Bookout says. He can research and get information over the internet. With technology today, all that is needed is a cell phone, fax machine, and the internet. The biggest reason for his success is because he has followed the path of doing what he loves. “Do what you love to do. If you took money out of the equation, what would you want to do for a living?” Bookout pondered that question and followed that path, learning he indeed could make a living out of doing what he loved.

ADESA offers a variety of car dealer auction services

Products & Services

ADESA is your total auction solution. We offer a wide range of vehicle remarketing services—everything from transportation and titling to inspections, reconditioning and more. Save time and money when you partner with ADESA.

Marshalling

ADESA has facilities in most major markets across the United States, Canada and Mexico. Our secured storage facilities provide an effective inventory management tool for our customers, and we offer value-added services including electronic inspections and upstream remarketing.

Transportation

ADESA moves thousands of vehicles through our auctions every week. We maintain alliances with leading carriers that provide our customers with flexible, responsible service. An ADESA transportation coordinator can assist you with all your vehicle moves, including upstream purchases. We can arrange to have your vehicles picked up or delivered anywhere in the country at a reasonable cost and with minimal disruption of your business operations.

Reconditioning

ADESA’s reconditioning services are designed with one purpose—to increase our customer’s profit. A clean, mechanically sound vehicle will command a higher price on the block, and we provide the services and facilities to help our customer’s maximize their profit potential. ADESA employees are well trained and dedicated. Typical reconditioning services include: paintless dent repair, glass repair, body work, wash and vacuum.

Floorplan Financing

ADESA provides dealers with floorplanning services through our sister company, Automotive Finance Corporation (AFC). All ADESA auctions have on-site financing specialists who can work with you to provide the short-term inventory funding required to successfully operate your business.

Inspections

AutoVIN, a subsidiary of ADESA, uses vehicle inspection technology at all of our auction sites. This service provides our customers with consistent, detailed vehicle condition reports that provide significant value at several points in the remarketing life cycle. In addition, by working with AutoVIN, ADESA can provide upstream inspections at dealer lots or storage facilities and feed this information onto the Web for fast, easy review.

Mechanical

ADESA sites offer a full range of mechanical services, from a quick oil change or tune-up to major mechanical repairs. A mechanically sound vehicle will command a higher price on the block; our services and facilities help our customers maximize their profit potential.

Title Services

PAR North America, a subsidiary of ADESA, is a nationwide provider of vehicle remarketing services including skip tracing, repossessions, titling, lease end-of-term and remarketing. Cutting-edge, Web-based technology connects PAR North America with its clients and vendors in a collaborative effort to facilitate these back-end operational needs.

car dealership flooring thru MAFS ( manheim financial services )

MAFS

Manheim Financial Services (MAFS) provides floor plan inventory financing for independent car dealers and rental dealers in the U.S. and Canada. Manheim has over 90 locations across the U.S. and Canada, each of which includes a MAFS office and service-oriented staff to service our customer’s floor plan needs.

In addition, MAFS is also available in more than 125 independent non-Manheim auctions, Enterprise Rent-A-Car, Thrifty Car Sales and ATC-Open. Together with the Manheim Service Centers, MAFS is available at more than 200 locations with more to come in the future.

Products:

  • MAFS Inventory Financing
  • MAFS Rental Inventory Financing
  • MAFS Receivables Funding

MAFS Inventory Financing:

MAFS provides inventory financing (floor planning). Our flexible terms allow you to maximize

Dealer Benefits

  • Financing can increase your available working capital
  • Competitive rates make it affordable
  • Up to 90-day inventory financing for the Gold Card
  • Up to 100% financing
  • Easier to complete the buying process than paying cash
  • Provides purchasing power at over 200 auctions

MAFS Rental Inventory Financing:

MAFS also provides rental inventory financing. MAFS rental program provides all the advantages a dealer would expect from partnering with an industry leader. As complicated as the rental business can be, MAFS makes financing a rental dealer’s inventory easy.

Dealer Benefits

  • Industry leading customer service
  • Up to 24 months financing frees up capital
  • Up to 100% financing
  • Competitive rates
  • In many cases, no upfront cash on vehicle purchases
  • Convenient and flexible depreciation schedules

MAFS Receivables Funding:

MAFS offers receivables financing to selected MAFS dealers. Primarily point of sale funding, this is a full recourse program designed to complement the entire package of MAFS programs.

MAFS also has a 45 Special program. It has many of the same benefits of the Gold Card, but requires no insurance and no financials. With limited paperwork , dealers can take advantage of a MAFS floor plan quickly.

Dealer Benefits

  • MAFS receivables funding will free up your capital to increase your sales volume, and expand your portfolio
  • Provides up to 100% financing
  • Dealer retains control of contracts
  • Dealer continues to collect & service the retail account
  • Payoff of MAFS financed vehicles is easy and seamless

MAFS also offers the following programs for unique needs:

  • Recreational Vehicles – a special financing program tailored to fit the unique needs of dealers selling driveable RV’s, tow behind campers, trailers, 5th wheel trailers,ATV’s and motorcycles.
  • BIG Truck – a special financing program tailored to fit the unique needs of dealers selling Class 6, 7 and 8 type trucks and vehicles with a gross vehicle weight (GVW) of 19,501 lbs. and above.
  • Insurance Services – MAFS can offer dealers physical damage/open lot coverage at very competitive rates.
  • Dealers enjoy the savings associated with being part of a large group plan.

car dealer flooring thru MAFS ( manheim financial services )

MAFS

Manheim Financial Services (MAFS) provides floor plan inventory financing for independent car dealers and rental dealers in the U.S. and Canada. Manheim has over 90 locations across the U.S. and Canada, each of which includes a MAFS office and service-oriented staff to service our customer’s floor plan needs.

In addition, MAFS is also available in more than 125 independent non-Manheim auctions, Enterprise Rent-A-Car, Thrifty Car Sales and ATC-Open. Together with the Manheim Service Centers, MAFS is available at more than 200 locations with more to come in the future.

Products:

  • MAFS Inventory Financing
  • MAFS Rental Inventory Financing
  • MAFS Receivables Funding

MAFS

MAFS Inventory Financing:

MAFS provides inventory financing (floor planning). Our flexible terms allow you to maximize

Dealer Benefits

  • Financing can increase your available working capital
  • Competitive rates make it affordable
  • Up to 90-day inventory financing for the Gold Card
  • Up to 100% financing
  • Easier to complete the buying process than paying cash
  • Provides purchasing power at over 200 auctions

MAFS Rental Inventory Financing:

MAFS also provides rental inventory financing. MAFS rental program provides all the advantages a dealer would expect from partnering with an industry leader. As complicated as the rental business can be, MAFS makes financing a rental dealer’s inventory easy.

Dealer Benefits

  • Industry leading customer service
  • Up to 24 months financing frees up capital
  • Up to 100% financing
  • Competitive rates
  • In many cases, no upfront cash on vehicle purchases
  • Convenient and flexible depreciation schedules

45-day-special

MAFS Receivables Funding:

MAFS offers receivables financing to selected MAFS dealers. Primarily point of sale funding, this is a full recourse program designed to complement the entire package of MAFS programs.

MAFS also has a 45 Special program. It has many of the same benefits of the Gold Card, but requires no insurance and no financials. With limited paperwork , dealers can take advantage of a MAFS floor plan quickly.

Dealer Benefits

  • MAFS receivables funding will free up your capital to increase your sales volume, and expand your portfolio
  • Provides up to 100% financing
  • Dealer retains control of contracts
  • Dealer continues to collect & service the retail account
  • Payoff of MAFS financed vehicles is easy and seamless

MAFS also offers the following programs for unique needs:

  • Recreational Vehicles – a special financing program tailored to fit the unique needs of dealers selling driveable RV’s, tow behind campers, trailers, 5th wheel trailers,ATV’s and motorcycles.
  • BIG Truck – a special financing program tailored to fit the unique needs of dealers selling Class 6, 7 and 8 type trucks and vehicles with a gross vehicle weight (GVW) of 19,501 lbs. and above.
  • Insurance Services – MAFS can offer dealers physical damage/open lot coverage at very competitive rates.
  • Dealers enjoy the savings associated with being part of a large group plan.

buying for a fleet ???…..get licensed

If you are a multiple car business like a:
car rental service
delivery service
large contractor
fleet service
etc…

You can obtain auction access and avoid the dealer markup by obtaining your dealer license.

If you are buying more than three vehicles a year you may find it to be a very good move to get your dealer license and benefit from lower car prices,
better cars to choose from and ease of transactions.
And becoming a dealer also allows you better resale prices at disposal
So why not, – buy at wholesale – sell at retail – and use the vehicles in you own business.
We are your first step in obtaining your dealer license.
We will teach you the ins and outs of becoming a dealer and provide you with the certificate you need to present to the CA DMV.
Contact us today at: 1.800.901.5950 or admin@gotplates.com
thanks

car dealers need to be in touch with sacramento

Hints for Contacting Your State Legislator

Politics Should Be the Part-Time Job of Every Used Car Dealer

To make that letter or phone call more effective, here are some general DO’s and DON’Ts:

DO’s:

  • Be Understanding -Try to understand the problems and pressures a legislator is under.
  • Be Friendly – Stay in touch with the legislator throughout the year and contact them when you need a vote on a crucial issue.
  • Be Reasonable – Recognize that the legislator is receiving different opinions from other constituents.
  • Be Thoughtful – When your legislator votes to support you on an issue, regardless of whether you win or lose, commend and thank him or her for their effort.
  • Be Realistic – The legislative process is one of compromise. It is a give and take process that most frequently results in compromise. Recognize that you may not achieve a full legislative loaf, and be ready to settle for less.

DONT’s:

  • Don’t Hint That a Certain Bill is Not Worthwhile – or that it may corrupt the people who are likely to benefit from its passage.
  • Don’t Demand, Be Rude or Threatening – If your legislator disagrees with you on one issue, he or she may support you on another. That is the way the legislative process works – like it or not.
  • Don’t Be Deceptive – Your legislator or the legislative staff will know soon enough if you have your facts straight or if you are trying to make your plea more attractive by shading the facts in your favor.
  • Don’t Preach To or Pester the Legislator – Marshall your facts and make a clear, succinct, factual presentation. Be actual and factual.
  • Don’t Assume A Rigid Or Uncompromising Position – Your legislator represents all of his or her constituents – not just you or your organization – and does not deserve your condemnation because he/she is unable to support your legislative issue. Remember, the legislative process is one of compromise.

PHONE FACTS:

If you contact your legislator by telephone, here a a few additional rules:

  • If The State Legislature is in Session – call the Capitol office; if you make your call during a recess or on a weekend, call the legislator’s district office.
  • Ask to Speak Directly to the Legislator – and say who you are and that you are his/her constituent. If the legislator is not available, ask to speak to the legislative assistant or aide.
  • Identify Yourself – Again, mention your professional status, and again stress that you are the legislator’s constituent.
  • With those Preliminaries behind you, state the purpose of your call – Cite the bill number, if you can. Explain how the proposed legislation affects you personally or the members of your organization, and why you support or oppose it.
  • Simplify your Conversation – Discuss only one issue in each phone call.

Don’t Be Shy About Asking What the Legislator’s Position Is – In many instances, your legislator will thank you for your views and say the matter will be taken under advisement. However, if he/she expresses a position that is the same as yours, express your appreciation. If different, express your disappointment.

Finally, don’t consider that contacting your legislator is a frightening experience. Remember, he/she wants to hear from you. Your vote and your support are important to him/her to stay in office.

30 day 1000 mile warranty now standard for BHPH retail car dealers

+++++

AB 1447 (Feuer)
Automobile sales finance: sellers.

The Rees-Levering Motor Vehicle Sales and Finance Act regulates conditional sales contracts for motor vehicles, and, among other things, requires a person selling or leasing a motor vehicle under a conditional sale contract to disclose certain information to the buyer of the vehicle.

A willful violation of those provisions is a misdemeanor and may render the contract unenforceable. A seller who violates the provisions of the act may also be liable to the buyer for monetary damages.

This bill requires a buy-here-pay-here dealer, as defined, to issue a 30-day or 1,000-mile warranty to the buyer or lessee of a used vehicle bought or leased at retail price, and would require the warranty to cover the engine, transmission, drive axle, front and rear wheel drive components, engine cooling system, brakes, front and rear suspension systems, steering, seatbelts, inflatable restraint systems, catalytic converter or other emissions components, heater, seals and gaskets, electrical, electronic, and computer components, alternator, generator, starter, and ignition system.

The bill requires the buy-here-pay-here dealer to either repair those covered parts that fail or, at the buy-here-pay-here dealers election, to cancel the sale or lease and reimburse the buyer or lessee, as specified.

The bill requires the buy-here-pay-here dealer to pay 100% of the cost of labor and parts for any repairs under the warranty.

The bill voids any sales agreement for the purchase or lease of a vehicle that waives, limits, or disclaims these requirements.

The bill provides that a warranty is deemed to have been issued if a buy-here-pay-here dealer fails to issue a warranty pursuant to these provisions.

The bill prohibits a buy-here-pay-here dealer from requiring the buyer to make payments in person, with the exception of the downpayment for the vehicle,

The bill prohibits the buy-here-pay-here dealer from repossessing the vehicle or charging a penalty following timely payment of a deferred downpayment.

The bill prohibits the buy-here-pay-here dealer from, after the sale of the vehicle, tracking the vehicle using electronic tracking technology and from disabling the vehicle with starter interrupt technology, except as specified, and would make a violation of these prohibitions a misdemeanor punishable by a fine of up to $1,000.

The bill also makes findings and declarations related to buy-here-pay-here dealers, and would authorize the Department of Motor Vehicles to promulgate any necessary regulations.

The federal buyers guide must be posted to reflect a 30 day 1000 mile warranty if buy here pay here financing is offered within the dealership.

 

AB 1534 (Wieckowski)
Vehicles: dealers: used vehicle sales: labeling requirements.

Existing law regulates the accuracy of information provided to consumers during vehicle sales, including the information contained in advertising, brochures, and manuals, as specified.

Existing law also requires manufacturers, as specified, to disclose certain information regarding a vehicles engine, as specified, by affixing a label on the vehicle. A violation of these provisions is an infraction.

This bill requires a licensed dealer, as defined, to affix to and to prominently and conspicuously display a label on any used vehicle offered for retail sale that states the reasonable market value of the vehicle.

The bill requires the label to contain specified information used to determine the vehicles reasonable market value and the date the value was determined.

The bill requires a licensed dealer to provide to a prospective buyer of the used vehicle a copy of any information obtained from a nationally recognized pricing guide that the licensed dealer used to determine the reasonable market value of the vehicle.

The bill requires the label to meet all the following conditions:

 

a)   Be in writing with a heading that reads “REASONABLE

MARKET VALUE OF THIS VEHICLE” in at least 16-point bold

type and text in at least 12-point type.

 

b)   Be located adjacent to the window sticker identifying

the equipment provided with the vehicle, or if none,

located prominently and conspicuously on the vehicle.

 

c)   Contain the information used to determine the reasonable

market value, including, but not limited to, use of a

nationally recognized pricing guide for used vehicles, and

the date the reasonable market value was determined.

 

d)   Indicate that the reasonable market value is being

provided only for comparison shopping and is not the retail

sale price or the advertised price of the vehicle.

 

The bill defines “nationally recognized pricing guide” as including,

but not limited to, the Kelley Blue Book, Edmunds, the Black

Book, or the National Automobile Dealers’ Association (NADA)

Guide.

 

 

 

we make it simple for you
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800-901-5950
http://gotplates.com

 

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 of accidents, title problems, insurance incidents, and more to be tracked through each vehicle’s VIN.

Through VinAudit.com, you can look up records associated with your VIN instantly:

Enter VIN:
What’s this? Example: 1VXBR12EXCP901213

Where can I find my VIN?
You can find your vehicle’s VIN in the title document, the vehicle registration, and on the insurance policy. The VIN could also be located at the following locations on the car itself:

 

  • On the driver’s side dashboard
    (viewable through the windshield)
  • On the driver’s side door
    (on a sticker in the door jamb)

Why would I order a VIN report?
A VIN report lets you learn about your vehicle’s history. It includes checks for whether the car has been stolen, experienced accidents, recorded as salvaged, as well as many othertitle problem checks. Ordering a VIN report before purchasing a vehicle allows you to catch potential problems and purchase with confidence.