car dealer bond FAQ

Car Dealer Bond Vital Info…

What is a dealer bond?

The car dealer bond protects your customers against fraudulent or unethical actions by a dealer.

The bond assures the dealer is financially secure in cases where a customer is cheated by a dealer.

The DMV and flooring company can also make claims against this dealer bond.

Can I make a down payment and then pay monthly for the dealer bond?

Absolutely!

 www.cardealerbondnow.com

for the best rates on a retail or wholesale car dealer bond

and ask about our 30% down payment option.

All surety bond carriers ask for payment of the bond in full,

however

Your Car Dealer Bond

has set up a financing program to give

California dealers access to a payment plan for their DMV bond.

 

The DMV needs the OL-25 form signed – what is this and where do I get it?

The OL 25 is your surety dealer bond.

The original bond that will be sent from your bond carrier will meet this requirement.

How long does it take to receive the initial dealer bond quote?

Approximately 24 hours, unless your FICO score is below 650.

Then the process usually takes 2 days.

How long does it take to receive the originally-signed dealer bond needed to obtain my license?

From the time we receive your payment,

it’s typically a week to 10 days before your receive your bond in hand depending on where you are located in the country.

We’ve invested in check-by-fax and check-by-email to help expedite our service.

What if I have had some credit issues (bankruptcies, short-sales, foreclosures, etc.)

Most dealers these days have encountered credit issues of some sort.

We have the most competitive surety carriers for all credit levels so no worries if your credit is less than perfect!

I started with a $10,000 bond because I am a wholesale dealer and thought I would sell 24 vehicles or less per year.

Will the surety company increase the limit of my bond from $10,000 to $50,000 for additional premium

if I will sell 25 or more cars or I want to retail or auto broker?

Unfortunately not.

Once your DMV inspector accepts your bond and issues your dealer license, the surety company will not make any refunds whatsoever.

The $10,000 bond would have to be canceled and a $50,000 bond would need to be written without a credit or refund.

Can I pay with a credit card?

You sure can.

For your convenience, we accept Visa, Mastercard, Discover, and American Express.

A standard convenience charge of 5% will be applied.

While we hope you don’t need to incur this additional expense, some of our customers have found this option extremely helpful.

More Important Info about Your Car Dealer Bond…

RIDER Process: needing a rider can be very frustrating if it’s only needed because your app was incomplete or something was incorrect. One of most common reasons for a rider that we see is the dealer forgot to put his middle name on the app. The cost is $100 and having to go through this process will add on 2 – 3 weeks to the time before you can be licensed. We are here to help and would rather spend 10 minutes answering your questions to provide you with the best possible experience with respects to your bond acquisition.

The two (2) most time-consuming steps of the car dealer licensing process are:

  • getting the LiveScan fingerprints into the Department of Justice system. This takes about 45 days and costs about $70; and
  • forming a corp. or LLC (if applicable). This also takes about 45 – 60 days, although the Secretary of State offers an expedited service for about $375 vs. about $100.

 

got1

 

866-357-4405

home based part time wholesale car dealer license with insured car dealer plates ???

there has been an abundance of car dealer license students
in the last 18 months
taking our car dealer license class
preparing to run a part time home based car dealership

these students want to run a wholesale only car dealer license
with 10k bond and car dealer insurance
and enjoy those car dealer license plates
on all vehicles held in their inventory

imagine your dream cars
acquired at wholesale pricing levels
exempt from sales taxes
exempt from dmv registration fees
and fully insured

now you know why you have been seeing so many car dealer plates lately

get licensed with our dmv certified car dealer class
we make it simple for you
prices start at $ 100.
Car Dealer School

good luck
thx
charlotte
800-901-5950

we make it easy

can you tell me what a car dealer bond consists of ???

+++

a car dealer license surety bond

is a promise you make

to the government

and the bonding company

that

you are a person of honor

you will meet your obligations

and never leave unpaid bills as a car dealer

+++

the bond company is obligated to pay claims

when you fail with your obligations

common car dealer bond claims:

failure to pay collected sales tax

failure to pay collected dmv fees

failure to pay another dealer

failure to honor a court order

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the bond company evaluates each claim

and has 30 days to decide if the claim is valid

if deemed vaild

you, the car dealer who has been bonded

must repay the bond company

upon their payment of a successful claim

+++

no bond

no car dealer license

no car dealer license plates

+++

we make it simple for you

EZDealerBond.com

+++

call me for a quote today

714-797-5780

Mike

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do i need car dealer insurance for my car dealer license plates ???

+++

remember

no one from the DMV will ever ask you to produce an insurance card

for your car dealer license

+++

a gap in the system allows the operation of a

car dealer license without insurance

+++

DO NOT BE FOOLISH & IGNORANT

+++

if you are stopped by the police

operating a dealer plated inventory vehicle

without insurance

the citation is issued

the vehicle is impounded

the car dealer license plate is seized

+++

the police will require

current registration

sales taxes

impound fees

towing charges

before the impounded vehicle can be released

+++

the dmv will hold a hearing to see

why you should get your plate back

or

the dmv will hold a hearing to see

why you should remain licensed

+++

basic used car dealer insurance

starts at $ 2200. per year

for a free quote

+++

Mike

714-797-5780

+++

bondpotofgold

got spanish cash contract forms ???

+++

“AS IS”

Cash Contract

Simple – SPANISH

$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 to protect both the consumer and the dealer by clearly stating the terms of the sale. The contract must include a proper description of the vehicle, the total cost and terms of the sale, as well as the prescribed disclosures required by statue. All contracts must be completed and signed by both parties (buyer and seller). Be sure to provide a clear copy of the contract to the consmer. This form is in complete compliance with disclosures, and is to be used for Cash in house deals when no financing is applicable. 14 3/4″ x 8 1/2″ – 2-part – 100 /pkg . Printed in Spanish.
  • Model: JF730SP

EZ Dealer Bond Quote

Car Dealer Forms Starter Kit

Used Car Dealer Insurance

dmv police hard at work

Five Years In Prison For Former DMV Employee

June 12, 2013

Our California Statewide Law Enforcement Association (CSLEA) members who are Department of Motor Vehicles (DMV) investigators are seeing the end  results of their investigation into two schemes involving California driver licenses.

Former DMV Senior Motor Vehicle Technician Alfonso Casarez, 51, of Fresno was sentenced this week to five years and one month in prison for his involvement in both conspiracies to sell drivers licenses to people who had not passed the written and behind-the-wheel tests.

“This man put public safety at risk,” said Kenneth Ehrman, DMV investigator and president of the Association of Motor Vehicles Investigators of California (AMVIC).  “Not just out on the roadway, this was a major security issue that could have lead to identity theft, financial fraud, even terrorist acts.”

The investigation into the schemes lead to the arrests of 15 people.  Casarez’s sister was also convicted in the conspiracy and sentenced  to four years in prison.  She took money from people who wanted Class C or Class A commercial driver licenses and forwarded money and information to Casarez who then altered records at the DMV to show the ineligible individuals had passed written and behind-the-wheel tests and should be issued a license.

“The work of our DMV investigators goes unnoticed by most Californians,” said CSLEA President Alan Barcelona.  “They are highly trained peace officers who are called upon by nearly every law enforcement agency in the state.  This was a case in which they worked with U.S. Immigration and Customs (ICE) and Homeland Security and 15 dishonest people who put the public at risk were charged with criminal offenses.   That’s a job well done.”

licensed wholesale auction access for $ 300. per month or less

+++++

we figure you will need $ 300. per month to legally operate

we estimate your wholesale

home based part time car dealer license

expenses below:

your car dealer bond $ 300.

your car dealer training $ 150.

your car dealer insurance $ 1800.

your car dealer license $ 150.

your car dealer plates $ 150.

your car dealer forms $ 200.

your car dealer office expenses $ 500.

your car dealer auction access $ 100.

your car dealer checking account $ 250.

get licensed with our car dealer school

gotplates.com

800-901-5950

got1

will ohio dealers association be able to stop tesla ???

By Dan Gearino

A trade group for Ohio car dealers is asking a Franklin County court to rescind Tesla Motors’ license to sell new cars, citing what they say are violations of Ohio law.

The plaintiffs in the case also include several central Ohio dealer groups, such as Midwestern Auto Group of Dublin, Ricart Automotive of Groveport and several of the Germain family dealerships.

“If a license is not granted with proper authority, then that license should be rescinded,” said Sara Bruce, vice president of legal affairs for the Ohio Automobile Dealers Association.

The defendants are the Ohio Department of Public Safety, the Ohio Bureau of Motor Vehicles and Tesla.

In the suit, which was filed in Franklin County Common Pleas Court, the dealers say that the state agencies improperly approved Tesla’s dealer license earlier this year because the company did not provide a copy of its contract with the manufacturer of the vehicles to be sold.

In this case, the manufacturer and the retailer are the same company, but the dealers say that the law still calls for proper documentation.

Even if Tesla had provided a contract, it would not have been valid because the law requires such an agreement to be between “two separate contracting parties,” Bruce said.

Tesla did not immediately reply to a request for comment.

Earlier this month, Tesla opened a store at Easton, the automaker’s first retail outlet in Ohio.

Also this month, the auto dealers association made an unsuccessful attempt to get the Ohio General Assembly to outlaw Tesla’s business model.

The lawsuit is the next step in the dealers’ attempt to stop Tesla from gaining a foothold in the state.

Unlike most auto brands, Tesla sells its all-electric cars directly to consumers through company-owned stores.

This is different from the way established auto brands sell their products. Companies such as Ford, General Motors and Honda sell through a network of independently owned dealers.

Established dealers have raised concerns that Tesla’s model is opening the door for other automakers to open company-owned stores, which they say would undermine the concept of an independent dealer network.

The dealers say they are trying to preserve a system that employs 50,000 Ohioans, while Tesla says the dealers are monopolists who are wary of real competition.

Tesla has faced similar legislative and legal battles in other states.

dgearino@dispatch.com

got jody forster…..the forms lady ???

+++

 

2-Part Buyers Guides

(100 per pack)

$21.99

All auto dealers throughout the United States are required to display this two page (one page duplicated) form in the side window of every used vehicle offered for sale. The Federal Trade Commission oversees this regulation to disclose whether or not a dealer is offering any kind of warranty. The form must be prominently displayed on a vehicle’s window while the vehicle sits in the dealer’s inventory. The form may be removed from a window for a “test drive”, but must be returned to the window immediately upon return from the test drive if a sale is not consumated. If the vehicle is sold, the form is signed and part of the paperwork processed at delivery of the vehicle. The one and only purpose of this form is to disclose what warranties, if any, are included with the purchase if this vehicle. A “used vehicle” is defined by the Federal Trade Commission as any vehicle previously registered, and any vehicle previously used. This includes new vehicle rollbacks as well as unlicensed demonstrators (demos). There is an exemption for vehicles weighing in excess of 6,000 lbs. unladen weight, which means motorhomes and heavier duty trucks are exempt from the “Buyers Guide” regulations. Required by law for consumer protection on used vehicles, this form meets federal regulations. Pressure sensitive tape at the top and bottom holds this 2-part carbonless, 8 1/2″ wide x 11″ tall form to the window. Available in two styles: “As-Is” or “Implied Warranty”. Note, some states prohibit “As-Is” sales. Sold in packs of 100. Quantity Discount Prices available on quantities of 5 and 10 or more packs.
  • Model: JF 327

 

CAR DEALER STARTER FORMS KIT

 

download the dmv auction access application

Download Forms

we have retired dmv staff who will help build your license…..don’t be scammed getting licensed in california

ARE YOU CONSIDERING A WHOLESALE CAR DEALER LICENSE IN CALIFORNIA ???

come to our LA CAR DEALER CLASS with CLAUDIA PATTON

310- 216-1438

Invest $ 100. in your car dealer future

dont be stupid OR LAZY

and get scammed by out-of-state CAR DEALER LICENSE offers

we are gotplates.com at 800-901-5950

Which Class would you like?

Pre-Licensing In Person Class Choices:
$100.00 – New Dealer Class*
SPECIAL OFFER Register and pay for class online when you register. Take our online tutorial before coming to class & get $100.00 off your tuition. Must show completion certificate and receipt of payment in class.

$200.00 – New Dealer Class*

$300.00 – Private New Dealer Class

*New Dealer Classes must be completed In-Person.
Pre-payment and Online tutorial
completion simply gives you the best price.
See Class Locations for a program near you.
HERE ARE ALL OF THE CERTIFIED DMV CAR DEALER SCHOOLS

DMV Dealer Education Providers

Dealer education providers listed by type of class offered area (served) and name.
Area and
Type of Class Offered
Online/Home Study Continuing Education title Bay Area title Northern Area title Central Area title Southern Area title Provider
**X Auto Support Group
Phone: 1-714-588-1511
Email: E2000perez@yahoo.com
X Best Solutions
Phone: 1-619-546-4064
X X X X X Motorsports Market On-Line Courses, Live Classes and Home Study
Phone: 1-800-980-1967
Internet: www.motorsportsmarket.com
X X X X X Automotive Systems Analysis
Phone: 1-800-564-0984
Internet: www.autosystemsanalysis.com
X X X X X TriStar Motors, LLC
Phone: 1-800-901-5950
Internet: www.gotplates.com
X X 24-7 Dealer Training Specialists
Phone: 1-951-833-8398
Internet: www.24-7dealerclass.com
X X California Auto Dealer Education
Phone: 1-661-871-3311
Internet: www.cadeclasses.com
X Central Valley Dealers
Licensing Renewal Service
Phone: 1-209-333-0900
Email: chuckwentland@aol.com
X Superior Vehicle Dealer Training Institute
Phone: 1-949-305-8402
Internet: www.superiorbonds.com
X X Inland Empire/Orange County Dealer School
Phone: 1-909-880-1380
Internet: www.bigcardealer.com
X X X Dealer Training Experts of Northern California
Phone: 1-408-910-3876
Internet: www.dealersclass.com
X X X X X Dealer Intel
Phone: 1-415-613-4754
Internet: www.dealerintel.com
X X X X X $85 Dealer Education
Phone: 1-951-541-8390
Internet: www.waynesinsurance.com
X X X X Los Angeles Dealer School
Phone: 1-310-227-6920
Internet: www.dealerclass.com
*X Dealer License Seminars of San Diego
Phone: 1-619-665-6440
Internet: www.dealerseminars.com
X X X X X Golden State Educational Services
Phone: 1-916-395-7004
Internet: www.goldenstateeducation.com
X X Dealer Lessons
Phone: 1-877-772-3332
Internet: www.dealerlessons.com
X X X X X Dealer Education Services
Phone: 1-888-323-0031
Internet: www.dealereducation.com
X X Coffer Dealer Education
Phone: 1-888-694-1444
Internet: www.cofferdealereducation.com
X Cesar Carrascos Dealer Licensing Seminars
Phone: 1-619-474-0477
Internet: www.carrascogroup.com
X Colby Learning Center of San Diego
Phone: 1-619-559-5748
Email: colbylearning@aol.com
X X Dealers Support Group
Phone: 1-818-758-9951
Internet: www.dealerssupport.com
X Online Auto Dealer ED
Phone: 1-877-724-6150
Internet: www.onlineautodealered.com
X California Accredited Dealer Education
Phone: (714) 300-4148
Email:: cadeclass@aol.com

*Prelicensing only
**Continuing Education only

Last updated: 07/23/2012

wholesale car dealer licensing by proxy may be legal in indiana but that will never ever fly in california ( its the nexus issue )

it is true

as a licensed car dealer

you may sell in all 50 states

BUT

dmv regulations in california

along with the state board of equalization guidelines

clearly state:

IF YOUR NEXIS IS WITHIN CALIFORNIA

YOU MUST BE A LICENSED CALIFORNIA CAR DEALER

+++++

DMV Place of Business Inspection

After you have arranged an appointment with an Occupational Licensing Inspector he or she will inspect the place of business where the dealer conducts business.

  • The office of the principal place of business and each location of the dealership must be established to the extent that its construction is not temporary, transitory, or mobile in nature, except that a trailer coach office is acceptable providing it is not part of the dealer’s vehicle inventory being offered for or subject to sale while being used as an office of the dealership and otherwise meets the requirements of the Vehicle Code. The place of business is a place actually occupied either continuously or at regular periods by the dealer. Section 320, CVC.
  • Inspect all books and records pertinent to the business. CVC Section 320 (a)CVC Section 1670, and CVC Section 1671 and CCR Title 13, Section 270.00, 270.02, 270.04 and 272.00

out of state car dealers operating at a location in california are illegal

you residency and voter status could impact the nexus argument

DMV CAR DEALER ATTORNEY

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You have a representative who operates under your authority to sell or take orders in California for any goods
or merchandise. (See California Revenue and Taxation Code section 6203(c)(2).)
Example: Your company does not have inventory in California or employees who sell in this state. Instead, you
use an independent representative who sells your product along with many others. The representative works
on a commission-only basis.

+++++

Court decisions
To look up court decisions on nexus (engaged in business) issues, see: www.findlaw.com/casecode/index.html.

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Who is Liable for California Use Taxes?

Persons who are “engaged in business” in California (as defined by Revenue and Taxation Code section 6203) are responsible for collecting and remitting the sales or use taxes on all sales of tangible personal property (unless the transaction is otherwise exempt). Circumstances where a retailer is considered to be engaged in business in California, commonly referred to as “nexus,” for sales and use tax purposes include (but are not limited to) the following:

  • Maintaining, occupying or using any type of office, sales room, warehouse or other place of business in California. This includes use that is temporary, indirect or through an agent or other representative.
  • Having any kind of representative operating in the state for the purpose of taking orders, making sales or deliveries, installing, or assembling tangible personal property.
  • Making repairs or providing maintenance or service to property sold, whether by employees, agents or other representatives.
  • Deriving rentals from a lease of tangible personal property located in California.

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California seller’s permit requirements–dealers, wholesalers, and brokers
Dealers and wholesalers
The BOE requires motor vehicle dealers and wholesalers to register for a seller’s permit. When you sell or lease
vehicles, merchandise, or other tangible personal property in California, even temporarily, you are required to hold
a seller’s permit. If you hold a seller’s permit you must report and pay sales and use tax due on your returns.
Brokers
A broker is a retailer if you have the power to transfer title to property, and exercises it, either:
• By holding title to the property before its sale,
• By completing a bill of sale to the buyer under power of attorney from the legal owner, or
• By getting a signed bill of sale from the legal owner and delivering it to the buyer.
When entering any transactions in which you have the power to transfer title to a vehicle, you are a retailer in those
transactions, and must hold a seller’s permit.
A true broker’s authority, however, is limited to getting offers from potential buyers and conveying the offers to
vehicle owners for their acceptance. As a true broker, you are not liable for the tax, and not required to hold a seller’s
permit. In transactions in which buyers deal with a true broker, the buyer will be liable for use tax.
Note: As a broker, you may collect the use tax due on a purchase of a vehicle, as a convenience to your customer.
If you collect the use tax from a buyer and provide a receipt, you (the broker), not the buyer, are liable for the use
tax amount paid and must pay that amount to the BOE. If the BOE later discovers that additional use tax is due, the
buyer is liable for the additional tax. This procedure allows financing the tax in the purchase price of the vehicle and
helps avoid future misunderstandings about the buyer’s use tax liability.
Buyers; be sure to keep a receipt for any use tax paid to a broker.
If a broker provides this service, they must forward the use tax to the BOE with a statement that shows:
• Name and address of buyer
• Full purchase price of vehicle
• The vehicle identification number (VIN)
You can report your purchases subject to use tax by using eRegistration available on our website at www.
boe.ca.gov. eReg is also available in our field offices. Please contact our Taxpayer Information Section for assistance
at 800-400-7115.

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HERE ARE SOME ANSWERS FROM THE INDIANA FOLKS

offering wholesale dealer licenses without having a nexus in california

Requirements:

  • -Indiana Wholesale Offices is an approved facility by the Indiana Secretary of State to host wholesale car dealers. Our facility provides you with a furnished office that exceeds the state requirements
  • -All individuals must have a valid Social Security Number and a valid Government Issued Identification.
  • -Wholesalers are required to sell 120 vehicles per licensing year.
  • -You do not need to be an Indiana State Resident. Having a physical business address at the Indiana Wholesale Offices facility complies with the Indiana Secretary of State physical requirements.
  • -We provide to you the expertise to gain your wholesale dealers license on the first attempt. We have a 100% approval rating for our applicants. No licenses have been denied once we process the paperwork.

Can’t afford the insurance or the bond ?

Get a Salvage License and you still can get into the auctions to buy Salvage Titled Vehicles.

If you are interested click here

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like most things in life

if it is too good to be true

it is probably a lie or illegal

dont fall for any car dealer license scheme

come to the leader in california

car dealer education

gotplates.com

800-901-5950