Posts Tagged ‘RED FLAG CERTIFICATE’

dmv auction access application

Saturday, October 11th, 2014

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los angeles car dealer school

Friday, October 10th, 2014

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the best car dealer license school is gotplates.com

Saturday, September 13th, 2014

BIG CAR DEALER SCHOOL

Pre-Licensing Car Dealer Class

WE OFFER MORE CAR DEALER LICENSE CLASSES THAN ANY OTHER PROVIDER

We teach in all of the following locations:

FTC tips for your red flag rules program ( ITPP )

Tuesday, July 22nd, 2014

Are you complying with the Red Flags Rule?

The Red Flags Rule requires many businesses and organizations to implement a written Identity Theft Prevention Program designed to detect the warning signs — or “red flags” — of identity theft in their day-to-day operations. By identifying red flags in advance, businesses will be better equipped to spot suspicious patterns that may arise — and take steps to prevent a red flag from escalating into a costly episode of identity theft.

Resources on this site can help business people educate their staff and colleagues about complying with the Red Flags Rule.

What Compliance Looks Like

Your Identity Theft Prevention Program is a “playbook” that must include reasonable policies and procedures for detecting, preventing, and mitigating identity theft. Your Program should enable your organization to:

  1. identify relevant patterns, practices, and specific forms of activity — the “red flags” — that signal possible identity theft;
  2. incorporate business practices to detect red flags;
  3. detail your appropriate response to any red flags you detect to prevent and mitigate identity theft; and
  4. be updated periodically to reflect changes in risks from identity theft.

The Red Flags Rule also includes guidelines to help financial institutions and creditors develop and implement a Program, including a supplement that offers examples of red flags.

The FTC and the federal financial agencies have issued Frequently Asked Questions and answers to help businesses comply with the Rule.

Who Must Comply with the Red Flags Rule?

The Rule requires “financial institutions” and “creditors” that hold consumer accounts designed to permit multiple payments or transactions — or any other account for which there is a reasonably foreseeable risk of identity theft — to develop and implement an Identity Theft Prevention Program for new and existing accounts. The definition of “financial institution” includes:

  • all banks, savings associations, and credit unions, regardless of whether they hold a transaction account belonging to a consumer; and
  • anyone else who directly or indirectly holds a transaction account belonging to a consumer.

A change in the law on December 18, 2010 amended the the definition of “creditor,” and limits the circumstances under which creditors are covered. The new law covers creditors who regularly, and in the ordinary course of business, meet one of three general criteria. They must:

  • obtain or use consumer reports in connection with a credit transaction;
  • furnish information to consumer reporting agencies in connection with a credit transaction; or
  • advance funds to — or on behalf of — someone, except for funds for expenses incidental to a service provided by the creditor to that person.

Bookmark this site and check it often for revisions that reflect changes in the law.

 


 

 

Related Topics

Protecting Personal Information: A Guide for Business

Are you taking steps to protect personal information? Safeguarding sensitive data in your files and on your computers is just plain good business. After all, if that information falls into the wrong hands, it can lead to fraud or identity theft.

Avoid ID Theft: Deter, Detect, Defend

A one-stop national resource to learn about the crime of identity theft. It provides detailed information to help you deter, detect, and defend against identity theft.

OnGuard Online

Provides practical tips from the federal government and the technology industry to help computer users be on guard against Internet fraud, secure their computers, and protect their personal information.

Privacy Initiatives

Educates consumers and businesses about the importance of personal information privacy, including the security of personal information.

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

Sunday, July 20th, 2014

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.

indiana automotive wholesalers association

Sunday, July 20th, 2014

Board of Directors for
Indiana Autombile Wholesalers Association

Dan Dubak
Chairman of the Board IN-AWA
National Sales Director of AA Access Corporation

Bill Loy
Vice President of the IN-AWA
President of Indiana Wholesale Dealers Inc.

Mauricio Kiglies
Treasurer of the IN-AWA
President of Dealer Auction Access Inc.

Katie Sarros
Secretary of the IN-AWA
Managing Partner of Dyer Auto Wholesalers

Buzz Cotton
Board Member
President of Dyer Auto Auction

Bruce Cimijotti
Board Member
Managing Member of National Dealer License LLC.

David Howland
Board Member
Managing Partner of Indiana Wholesale Offices LLC.

Clint Dodge
Board Member
Managing Member of Clint Johnson LLC.

L.J. Freeman
Board Member
President of Freebird Rentals Inc.

+++++

In the past year the wholesale auto industry has undergone many changes in the way we are regulated within the State of Indiana. Up to this point, certain codes have not been enforced. For example:

  • Your license and plates not being renewed for not selling 120 vehicles
  • An audit being conducted for losing or your dealer plate being stolen
  • Maximum fines up to $5000 per incident

Now these codes are strictly being enforced and not to mention the astronomical fines that come along with non-compliance. It has finally come to a point that something needs to be done to protect our livelihoods.

The IN-AWA was formed due to the changes that have taken place. Collectively we will make the changes to better our industry and we will be heard. Currently we have a lobbyist and legal counsel working on making these changes but no one person can do this alone.

We are asking for your help in achieving these changes. If we do not join as one voice, the possibility stands that this industry will dissipate. We need to align so that the positive change we need will be made.

current list of dmv certified car dealer license schools

Sunday, July 20th, 2014

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

getting a car dealer bond is NOT that easy

Thursday, July 3rd, 2014

let us help you

we solve car dealer bond problems

everyday

800-901-5950

Car Dealer Bond

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EZDealerBond.com

have you wondered about becoming a licensed car broker ???

Saturday, June 21st, 2014

An autobroker’s endorsement requires payment of fees as required by subdivision (d) of Section 9262 of the California Vehicle Code.

A dealer may not engage in brokering a retail sales transaction without having an autobroker’s endorsement to their dealer’s license.

Upon issuance of an autobroker’s endorsement to a dealer’s license, the department shall furnish the dealer with an autobroker’s log.  The autobroker’s log remains the property of the department and may be taken at any time for inspection.

The autobroker’s log must contain the following information with respect to each retail sale brokered by that dealer:

  • Vehicle identification number of brokered vehicle
  • Date of brokering agreement
  • Selling dealer’s name, address, and dealer number
  • Name of consumer
  • Brokering dealer’s name, address, and dealer number (CVC Section 11735)

A dealer who brokers a motor vehicle sale shall deposit directly into a trust account any purchase money, including purchase deposits, it receives from a consumer or a consumer’s lender.

  • All trust accounts required by CVC Section 11737 shall be maintained at a branch of a bank, savings and loan association, or credit union regulated by the state or the government of the United States.

obtaining a good price for your car dealer bond is important

Wednesday, June 18th, 2014

every car dealer license

requires

a car dealer bond

to protect the state from

lack of payment by any licensed car dealer

your credit will dictate the cost of your car dealer bond

call us for a quote today

888-579-4537

Online Car Dealer Bond Application

at your service

every dealer must provide a valid car dealer bond

Thursday, June 5th, 2014

Your Car Dealer Bond is Protection for the State

Car dealer bonds which are also also known as motor vehicle dealer bonds, DMV bonds and used car dealer bonds — protect consumers from fraud and other wrongful actions done by dealerships and their employees.

For example, harmed parties can make a claim on an auto dealer bond and gain financial reparation if a dealership

  • misrepresents its merchandise
  • uses unethical business practices to sell vehicles
  • fails to deliver a valid certificate of title
  • does not pay necessary motor vehicle fees
  • does not forward sales tax payments to the state

Mike Can Quote Your Car Dealer Bond

714-797-5780        EZDealerBond.com

 

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