Date post: | 04-Jan-2016 |
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FORMS & PAPERWORKPresented by:
Wayne Reaves Auto School
Adding Vehicles to Inventory
• Bill of Sale• Odometer• Consignment
Agreement• Trade-In Bill of Sale• Buyers Guides
– (English & Spanish)
• Window Stickers
Bill of Sale & Odometer
Consignment & Trade- In Bill of Sale
Buyers Guide – The Used Car Rule
http://www.ftc.gov/bcp/conline/pubs/buspubs/usedcarc.pdf
Buyers Guide – The Used Car RuleSpanish Version
Buyers Guide – The Used Car Rule
Option Sticker
• Make sure advertised options work!
• Watch for trigger terms requiring full disclosure!
Down Payment Payment Amount
Term
Finance Charge• Ask Salesperson - Safe
http://www.ftc.gov/bcp/conline/pubs/buspubs/creditad.htm
Handling the Customer
•Map
•Keys
•Pictures
Credit Application & Privacy
DO NOT CHECK A PERSONS CREDIT WITHOUT THIER PERMISSION!
Privacy Law
Now & Every 12 Months if you collect from them!
http://www.ftc.gov/privacy/privacyinitiatives/glbact.html
Homeland Security & the Patriot Actwww.treas.gov/offices/enforcement/ofac/sdn/
IRS FORM 8300
IRS FORM 8300 & Pub 1544
IRS FORM 8300 – Spanish
IRS FORM 8300
IRS FORM 8300
IRS FORM 8300
Pending Sale & Notice to Cosigner
Forms to Seal the Deal
•Do the Paperwork•Deliver the Car•File the Records
Bill of Sale
Odometer & As-Is
Privacy Notice
Buyers Guide
Arbitration Agreement
Possible Damage & Salvage
RISC - GEORGIA
RISC - GEORGIA
Repo & Insurance
Title App( MV-1) & POA (T-8)
Secure POA & Title Reassignment
Certificate of Title
Miscellaneous Forms
Miscellaneous State Forms
Keep it Sold
• No Cooling Off• Delivering Vehicles• Internet Sales
GPS & Starter Interrupt
Required for Each Sale!
• Buyers Guide (English & Spanish)• Bill of Sale• Odometer• As-Is• Privacy Notice• Retail Installment Sales Contract• Title Application• Certificate of Title• (Salvage Title Disclaimer)• Check With Homeland Security• Track Your Cash Receipts