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Dealer Blog California

Assessing Foursight Capital Auto Receivables: A Rating by KBRA

KBRA’s Evaluation of Foursight Capital’s Auto Receivables Performance Understanding the Rating Assignment for Foursight Capital Automobile Receivables Trust 2023-2 In a move that...

Exploring California Lemon Law for RV’s

If you ever wonder if California Lemon Law applies to RV’S, the answer is, YES! In California, recreational vehicles (RVs) are protected under...

Unpacking the OFAC Compliance

OFAC stands for the Office of Foreign Assets Control, which is a division of the US Treasury Department. For car dealerships, OFAC has regulations...

Adding Negative Equity to Your Vehicle Purchase Price of the Vehicle

Exploring the Financial Implications and Considerations When purchasing a vehicle, customers often face the dilemma of negative equity, which occurs when the remaining...

2.5M Recalled Vehicles Identified on the Roads by CARFAX

CARFAX and SafeDealsAI Work Together to Warn Dealers and Consumers of the 2.5M Recalled Vehicles on the Road Early in May, BMW, Ford,...

Know What You’re Signing as a Car Dealer

When it comes to dealer agreements with finance companies and bond companies, there are clauses that can significantly increase your liability as a...

REVERSED IN FAVOR OF THE DEALER! A Consumer Legal Remedies and Competition Case Study

In Quillen v. Car City, Inc., the California Court of Appeals recently reversed the trial court’s decision by saying that there was no...

Equal Credit Opportunity Act: Made Easy for Used Car Dealers

Used cars are becoming increasingly popular as more and more people are looking for affordable options when it comes to purchasing a vehicle....

DMV Confirms Online Sales & Delivery is Allowed; Outlines Guidance

The DMV just officially confirmed that Online Sales & Delivery are allowed and provided Compliance Guidance.  KEY NOTE: The DealerXT Tablet covers many of...
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