Frequently Asked Questions

Q: WHAT TYPES OF QUESTIONS ARE COVERED IN CLASS?

– What is required to receive a Dealer’s license?

– Where can I obtain Bonding, Insurance, etc?

– How much Bonding, Insurance, etc., is required?

– What sales tax requirements are unique to this industry alone?

– How does the GLB PRIVACY ACT affect my business?

– How do the RED FLAG RULES Affect my business?

-Do I really have to research all buyers against the (SDN) Specially Designated Nationals list, before I sell them a vehicle?

– Are there really three reports required when I receive over $10,000 in cash?

 

Remember! “What you know makes you money!
What you don’t know costs you a fortune!”