Credit Application – 2 part
- Model: JF750
NEED A AFFORDABLE CALIFORNIA DMV USED CAR DEALER BOND ?
Rapid Quotes at:
Car Dealer License Surety Bond program at low cost.
We specialize in high risk Used Auto Dealers Bonds.
Do to the down turn in the economy and due to the loss of jobs many people now have Bad Credit Scores.
The price of a Car Dealer Surety Bond has risen lately and that has made it harder to afford
especially if you are just opening your used car dealer business.
Call Mike at 714-797-5780 for an immediate car dealer bond quote
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:
· Del Mar
· San Jose
A background investigation is conducted on all applicants and disclosure of a conviction may result in a temporary
operating permit not being issued.
Failure to disclose any and all convictions may result in the refusal, denial, or revocation of your license.
Pursuant to CVC Section 11703, the department may refuse to issue a license to any applicant who has been
convicted of a crime or committed any act or engaged in any conduct involving moral turpitude which is substantially
related to the qualiications, functions, or duties of the licensed activity.
A plea of nolo contendere is a conviction within the meaning of this section. In addition, Article 4 and Article 6.1
of Title 13, of the California Code of Regulations (CCR) provide guidelines used by the department in determining
whether a license should be issued.
Pre-Licensing Dealer Class
In all of the following locations:
· Del Mar
· San Jose
On January 1, 2011, the Federal Trade Commission (FTC) began enforcing its Fair and Accurate Credit Transactions Act of 2003 (FACT Act) Red Flags Rule. The Red Flags Rule requires that each “financial institution” or “creditor”—which includes most securities firms—implement a written program to detect, prevent and mitigate identity theft in connection with the opening or maintenance of “covered accounts.” These include consumer accounts that permit multiple payments or transactions, such as a retail brokerage account, credit card account, margin account, checking or savings account, or any other accounts with a reasonably foreseeable risk to customers or your firm from identity theft.
The following resources may be useful to firms:
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.
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:
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.
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:
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:
Bookmark this site and check it often for revisions that reflect changes in the law.
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.
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.
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.
Educates consumers and businesses about the importance of personal information privacy, including the security of personal information.
What is AB1215?
California Assembly Bill 1215 requires that all licensed auto dealers in California run vehicle history reports through the National Motor Vehicle Title Information System (NMVTIS) for each used vehicle sold, with a red warning sticker required on vehicles reported to be salvage, total loss, or title-branded.
More on AB1215 » More on NMVTIS »
Pay month-by-month, expect no other fees, and cancel at any time.
How do I get started?
Simply register below to get a VinAudit.com dealer account below, and start running NMVTIS reports in minutes.
|I agree to the VA Partner Agreement.|
|I agree to the NMVTIS Disclaimer.|
CALL MIKE TODAY AT 714-797-5780
BEST PRICES FOR 2012
10K BOND = $ 300. PER YEAR
50K BOND = $ 1350. PER YEAR
A Ferrari Testa Rossa was auctioned in California for more than $16 million, making the red Ferrari 1957 sports car the most expensive auto ever sold at an automobile auction.
The race car is a Ferrari prototype and the first Testa Rossa ever built, with a 300-horsepower 3.0-liter V-12 engine and a 4-speed manual transmission.
Spectators at the Pebble Beach Concours d’Elegance in Monterey, California erupted in a roar as a staggering price was reached in the final bid but, shortly afterward, an anonymous buyer offered a record-breaking $16.4 million for the classic Ferrari automobile.
Auctioneers Gooding & Company were as surprised as everyone else at the shocking $16,390,000 winning bid for the classic 1957 Ferrari.
The red Ferrari 250 Testa Rossa is a former Concours d’Elegance first-place winner, and the vehicle will now be added to the anonymous buyer’s extensive investment portfolio.
California has a world record-setting love for its cars, indeed.
“AS IS” Cash Contract
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. Contains large AS -IS Disclosure. 14 3/4″ x 8 1/2″ – 2-part – 100 /pkg
Long delayed, enforcement of the Fair and Accurate Credit
Transaction Act (FACTA) Red Flags Rule finally began in January
2011. With this regulation in effect, it’s no longer enough to ensure
the proper disposal of sensitive information.
Now, businesses of all kinds are required to create
and put in place a written Identity Theft Prevention Program ( ITPP )
– and can suffer civil penalties and
injunctions if found to be in noncompliance.
What’s in it.
The Red Flags Rule spells out what compliance is – essentially,
what needs to go into the written plan. With a reasonable plan
in place, companies should be able to:
• Identify the so-called “red flags” – patterns and activities
that may indicate the presence of identity theft
• Build methods for detecting red flags into standard
• Document all responses taken in reaction to signs of
potential identity theft
• Update the plan over time to stay current with evolving
we offer a complete red flag program for $ 300.
Visit us for the Red Flag Program
Fortunately, the Red Flags Rule “includes guidelines to help
financial institutions and creditors develop and implement a
Program, including a supplement that offers examples of red
Who should pay attention.
As with FACTA itself, the Red Flags Rule has implications for
organizations of all sizes and kinds.
Broadly, it covers two categories of businesses: “financial
institutions” and “creditors.” The definition of “financial institution”
is relatively straightforward:
• All banks, savings associations, and credit unions, regardless
of whether they hold a transaction account belonging to a
• Anyone else who directly or indirectly holds a transaction
account belonging to a consumer.
As for “creditors,” that term covers a lot of ground. Inclusion is
based on three general criteria. Creditors:
• Obtain or use consumer reports in connection with a
• 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.
Last-minute changes to the rule somewhat limited the scope of
what constitutes a “creditor,” but to date there are no hard-and
fast guidelines for which businesses fall under the rule and which
According to the Federal Trade Commission, “Examples of
groups that may fall within this definition are utilities, health care
providers, lawyers, accountants, and other professionals, and
telecommunications companies.” But the rule could theoretically
cover any company (or person) that provides a product or service
at a given time and accepts payment for it at a later date.
If that’s not confusing enough, the rule only comes into play if
an organization holds consumer accounts “designed to permit
multiple payments or transactions – or any other account for
which there is a reasonably foreseeable risk of identity theft.”
How to comply.
Because of the Red Flags Rule’s complexity and recent implementation,
it’s best to consult an attorney to see if your organization
falls under its jurisdiction.
You can also search the FTC website
for information on the rule and guidelines on creating an Identity
Theft Prevention Program.
here are some of the agencies you might need to contact:
we agree the indiana car dealer license scheme is problematic in california
Below are some of the issues to consider in getting an out-of-state (Indiana) dealer license vs. a California dealer license.
Wholesale Dealers Cannot Sell to the PublicThe Indiana dealer websites offer an Indiana wholesale dealer license. A wholesale license does not allow sales to the public. You will not be able to sell to the public through Craigslist, E-Bay, AutoTrader.com, etc., or even your own website. You cannot sell to friends, or relatives, either with the Indiana wholesale dealer license. You can only sell to other licensed dealers, or possibly export. To sell to the public, you need the California retail dealer license, available only through the California DMV.
Wholesale Dealer “Partnering” with a Retail DealerSome Indiana sites also offer to introduce you to a retail dealer that you can sell your cars to. This raises several other issues.
- First, most retail dealers will have little or no interest in purchasing vehicles from you. They could have purchased the vehicle directly from the same dealer auction as you – without your commission.
- Second, the sites promote that you can sell your vehicles to their retail dealers, and that these dealers will then sell to your buyers. What is not addressed is the practical issue of how you will obtain those buyers. As a wholesale dealer you cannot sell to the public, so therefore you are not permitted to advertise your vehicles to the public. To do so would be fraud, advertising vehicles to people you cannot sell to. You also cannot consign your cars to another dealer to have them sell your vehicles for you. That violates DMV regulations. So selling to another dealer to try and make retail profits with a wholesale license is not a viable business model.
- Third, the retail dealers will not help you for free. You will need to pay them. This could be part of an ongoing “service fee” you will be required to pay to the Indiana business, or a commission for each vehicle, if any, the retail dealer might sell.
Ongoing ChargesThe Indiana dealer operations generally charge several hundred dollars per month to use their service. A California dealer license, on the other hand, requires no ongoing monthly fees. However, California dealers must have at least an office location, which is an ongoing expense. Then again, Indiana requires an office location too. The difference is that you pay the Indiana dealer business for the privilege of using their business location to get their license instead of rent for your own California office and dealer license. The savings, if any, would be the difference between the rent paid in California vs. the fees charged by the Indiana dealer business. Any savings, however, must still balanced with the other issues with having an out-of-state license vs. a California dealer license.
Office RentTo get a California wholesale dealer license, DMV requires only an office – no display area, nor any sign. Often times this means you can have a home office without any additional rent. You also avoid all the monthly charges for any out-of-state dealership service. Even if you do get an office, it only needs to be big enough for a desk or table, and a filing cabinet. You can even sublease space where other business are located to keep your office expenses very low. Then you have your own business location and presence in California, the state where you live, and the state in which you do business.
Changing from Wholesale to RetailIf you get an Indiana wholesale dealer license, that’s all you can be, a wholesale dealer selling to other dealers, or possibly exporting. However, if you get the California wholesale dealer license, you can always later covert to retail sales, or add a retail branch location to your wholesale license. In other words, you can start with a wholesale license (with very low overhead, maybe even a home office), and later get a new location with an office, display area big enough for 2 vehicles, and a two foot square sign, to get your retail license. Getting your California dealer license allows you to change to retail, or wholesale, at any time, and have as many locations as you want in California. The Indiana license does not.
Travel to IndianaTo get the Indiana dealer license, you will have to travel to Indiana. You will have to meet with the Indiana Secretary of State Compliance Officer to request approval for an Indiana dealer license. This is considerably more expensive, and time consuming, than attending any California dealer Pre-Licensing class to get your California dealer license. In addition, when reviewing their dealer license contracts, look to see which state’s laws apply to your dealership, and where any court,arbitraion, or other legal proceedings will have to take place. Chances are excellent you will be bound by Indiana law, and required to appear in Indiana to either collect money owed to you, or to defend yourself. No one wants problems, but if something does come up between you and another party, it is considerably easier and substantially less expensive to collect and defend in your own backyard.
Dealer Bonds and InsuranceAll dealers, Indiana or California, require a dealer bond and dealer insurance. The Indiana dealer businesses offer to sell you their bonds and their insurance, which is a nice service. On the other hand, we provide you the names and contact information for the bond and insurance companies that have recently provided California dealers the lowest rates. To make this list, these companies must be refered to us by dealers. We receive no kickback, or fee, from any company on this list. These companies make the list by providing the best rates and services, period.
“Sharing” a California Dealer’s LicenseSome sites are offering, for hundreds of dollars per month, to add you onto an existing dealer license in your state. This is not easy as few dealers will take the risk to do this. There are considerable risks for you too. These situations can be like arranged marriages where the parties don’t know each other but are put together and their fortunes and losses depend on the actions of the other. Potential issues include the following:
- Cost. The money you pay every month to use the license is money you could have been investing in your own business and your own inventory, not theirs.
- As a member of another business, you are subject to rights and obligations of all the others involved in that business, many, if not most of whom, you may never know.
- Their dealer business could fail, through no fault of your own. Then you have no dealer rights. You cannot buy more vehicles, nor sell the vehicles you already own, potentially sticking you with inventory you cannot move.
- Your business assets, including your inventory and money, are subject to being taken in a lawsuit because of actions by others using the same dealer license. The bottom line is that you will be responsible for protecting your assets, including attorney’s fees.
- The more people that sign up for this arrangement, the more money the organizers make, and the less control you have. Your assets are also at greater risk with each new member that joins.
- If you feel sharing a dealer license is a good deal for you, be certain to take the time to read the fine print on any contracts you are required to sign, or have an attorney review them. Also, ask all your questions, even if they seem silly. Make sure the answers provided match the written contracts you are asked to sign The contract are binding. What you are told to encourage you to sign them is not.
the illinois secretary of state has taken action against
one of many wholesale car dealer license scheme operators
with a massive fine
here is the certified cease and desist order against
( net worth exceeds $ 1m dollars )
they have returned under a new name in indiana
BEWARE OF MAURICIO
The idea for Dealer License Group Inc. emerged because we recognized a need to streamline the process of dealer licensing.
The DLG team came together in 2007 as Dealer Auction Access, and changed names to Dealer License Group in 2012. Since then, we have helped license Thousands of individuals from all walks of life! These individuals have transformed their passion for automobiles into a lucrative and honest means of living. In essence, they get to do what they love!
In four facilities we now host over 600 dealers with room for hundreds more. As it stands we are the largest host of wholesale licenses in the State of Indiana by more than three times of our next competitor.
We establish a physical office for you in one of our facilities. This office space establishes your business identity in Indiana and therefore qualifies you to apply for a license.
Ownership and management of the company has come from the corporate world, with over 30 years of experience in Auto Sales, Banking, Finance, Marketing and Commercial Real Estate.
This experience has allowed us to navigate through the rules and regulations required to comply with all of the regulations that are necessary to lawfully operate. Our goal is to assist, empower, and help businesses flourish in the auto auction business.
In today’s tough economy, we provide the tools needed to start or increase your business; the only thing you need to bring to the table is your passion for cars!
Dealer License Group is at the forefront of the dealer licensing industry with innovative services and products to help our dealers with exporting, shipping, buying and networking. Our mission is to help you succeed and to turn that passion for automobiles into a way to work for yourself with endless potential.
they appear to also operate
Do I Have to Move or Change my ID’s to qualify to have a Dealer license?
Not at all! We are a nationwide company and our dealer program is set up so you will qualify without having to be a resident of any state in particular. In fact all of our customers are spread out through out the US. By joining our program we will take care of all physical requirements all you have to do is Sign Up!
Am I a Member of Your License or some LLC?
No, we help you establish a corporation with the name of your choice and everything we do for you is on your name. Once all your documents are set up we turn it over to you and you can use your license and corporation at your discretion.
Are There Any Dealer Insurance Requirements?
Yes, Garage Liability insurance and a bond are required for licensing. With DL.Biz insurance is easy too! We will guide you through the insurance process and refer you to a trusted insurance company whose goal is to help you! Quotes can vary depending on your driving record, where you live and experience. Call and speak with one of our license professionals to find out approximately how much yours will be.
How Long Does the Application Process Take?
DL.Biz will do all the paperwork for you and prepare all docs and applications for you to sign. Once your application is submitted it will take 21 business days to be approved and you will be a dealer!
Do I Have to Come To Indiana?
No, but you are welcome to visit! While we do host your license in one of our office faculties in Indiana, you are not required to come in person.
How do I get my mail?
As a part of our service we have all your mail forwarded to the address of your choice – Free of charge!
For any questions not covered here feel free to call us at 866-319-0233 or email your question to Info@DealerLicense.Biz
operating a car dealer license in california requires a california car dealer license
come see us and get licensed
|Insurance Auto Auctions, Inc is a leading salvage auto auction company in the United States selling over 1 million trucks, SUV’s and motorcycles annually. These vehicles come from insurance companies, rental fleets, leasing companies and other major vehicle providers. IAA specializes in lightly damaged and repairable vehicles, theft recovered vehicles donation vehicles, damaged rental vehicles and more. Every weekday, IAA offers thousands of vehicles at over 150 locations across North America. Through the internet, you can participate in the live auction process and bid in real time, just as the auction is happening, against buyers at the live auction and online. Preview vehicles now.
|ADESA offers auction, reconditioning, and logistical services at 58 North American auction locations. Subsidiaries offer inspections, inventory audits, and capital funding.
|Manheim, a wholly owned subsidiary of Cox Enterprises, Inc, operates more than 100 auction locations and online channels spanning North America.
|Independent Auto Auctions
Locations across North America; Combined, searchable pre-sale inventory; Nationwide market reports and post sale lists; Fixed-price and auction simulcast sales
|Brasher’s Auto Group have been putting buyers and sellers together for over 56 years, and offer live and online bidding at 7 major auction locations.
|ABC Auction Broadcasting Company, LLC provides advanced facilities in eight locations, each offering value-added services to dealer consignment, factory, fleet/lease, and captive finance customers.
|The ServNet Auction Group consists of independently-owned, full-service wholesale auto auctions across North America. All ServNet auctions are NAAA members.
|America’s Auto Auction, Inc. was formed in 2005, and operates wholesale auto auctions throughout the United States. These auctions facilitate the sale and purchase of previously owned vehicles.
|BSC America’s total management strategy provides you with the coverage to handle diverse assets efficiently, to realize the greatest value at the least risk.
|ADESA DealerBlock offers 24/7 “Buy Now” and interactive bidding on all of the vehicles you need today.
|ADESA’s LiveBlock lets dealers participate in a live physical auction through real-time audio/video feeds and interactive bidding capabilities.
|AuctionPipeline delivers live auction lane bidding and market reports of the combined inventories of independent auto and RV auctions.
|Manheim’s OVE.com enables buyers and sellers in the wholesale market to conduct business 24/7, in fixed price or online auction environments.
|Simulcast enables buyers and sellers to remotely participate in live auctions with real-time audio/video from virtually anywhere.
|CARMAX Auctions is an exclusive membership. It gives you free access to special prices on products and services usually reserved for large corporations..
|COPART is a leading online remarketer of vehicles, selling more than 1 million vehicles per year. They provide suppliers, primarily insurance companies, with a full range of remarketing services to expose their product to buyers in more than 85 countries. Most of the vehicles they remarket include damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. They also sell dealer trade-ins, public and dealer consignments, damaged rental cars, retired fleet vehicles and repossessions.
|QCSA Auto Auctions is The Nation’s Largest Independent Salvage Auction Company with 8 auction locations across the Midwest. QCSA specializes in all types of salvage vehicles.