zurich insurance offers 7 tips for red flag rules compliance

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IF YOU OFFER CREDIT…..GET RED FLAG CERTIFIED

WITH

GOTPLATES.COM

800-901-5950

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To help ensure your dealership gets and stays in compliance, Zurich insurance recommends the following seven steps:

1. Put the program in writing

Your program must contain reasonable policies and procedures to address four primary responsibilities under the rule. The rule also states that each program must be documented in writing. While potentially burdensome, this requirement has obvious advantages to the dealer. It forms the basis for the employee training that is required by the rule, and makes responding to government audits and inquiries possible.

2. Make a list of patterns, practices or specific activities that could be red flags signaling possible identity theft.

Your policies and procedures should require that you become at least reasonably certain of your customer’s buyer’s identity. A supplement to the rule on the FTC’s website provides illustrations of 26 possible red flags that fall into the following five categories:

—Receiving alerts, notifications or warnings from a consumer-reporting agency

—The customer presents suspicious documents.

—The customer presents suspicious personal identifying information, such as a suspect address.

—Dealership staff notices unusual use of or suspicious activity within an existing account.

—You receive notices from customers, victims of identity theft, law enforcement authorities or other businesses about possible identity theft in connection with an existing account.

Note, not all 26 possible red flags will be relevant to the way your dealership does business.

In particular, unless you have accounts to which customers can make charges after origination, for example, house credit accounts, the seven possible red flags in category four are not likely to apply to your dealership.

You also need to guard against identity theft risks that result from employee access to account information. Employee access should already be limited as part of your overall information security program.

3. Make a list of methods used to detect and evaluate if a red flag has occurred.

The program should describe procedures used to verify customer information and detect when information is incorrect. Some procedures include:

—Specifying acceptable forms of identifying information required of each finance customer

—Specifying procedures to verify identifying information, for example, using third-party resources to confirm identification or detect fraud

—Using a system to monitor employee compliance relative to their access and use of customer account information

4. Describe how your dealership will respond when red flags are detected.

The program must contain reasonable policies for responding to red flags detected during a transaction. This should include a procedure for escalating unresolved situations to senior management.

Some appropriate responses to unresolved red flags would be to:

—Not continue the transaction

—Use additional resources to verify the customer’s identity.

—Notify law enforcement.

—Determine that no response is warranted.

5. Document all red flag responses and keep them in the customer file.

All red flag responses should also be kept in a dealership file to be used to maintain and update the program.

6. Detail a plan to update the program periodically.

Update the program to reflect changes in risks to customers or to your dealership’s safety and security based upon:

—Your experience with identity theft

—New methods of identity theft

—New methods of identity theft prevention and detection

—Changes in the types of accounts offered or maintained by your dealership

—Changes in your dealership’s business or structure such as mergers and changes in service provider arrangements

7. Follow the Red Flags Rule guidelines in managing the program.

The rule provides for some specific administrative actions that need to take place to adequately manage your program. These include that your program must:

—Be approved and implemented by your dealership’s board of directors or, if no board exists, a designated member of the senior management team.

—Be periodically evaluated to determine if updates are necessary.

—Include training for relevant staff on their obligations under the program.

—Be able to ensure service providers have reasonable procedures to detect, prevent and mitigate the risk of identity theft.

Penalties for Violations

Penalties for violations of these regulations are stiff. These include the following:

—A “knowing” violation of the rule is a violation of the FTC Act, which provides for a $3,500 civil penalty for each violation.

—Enforcement actions by the FTC can carry penalties of up to $11,000 per violation, per day.

—Dealers may also be liable under state unfair and deceptive acts, and practices law, which may include individual and class action claims.

Additional resources from the FTC can be found here.

gotplates #realcardealerschool get licensed

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we are the

#realcardealerschool

established in April 1998

by real licensed retail car dealers

gotplates.com

DLR license 35862

most of are competitors are unlicensed

or simply licensed as wholesale only dealers

DMV list of car dealer school providers as of 2015

+++++

if you are looking for real unrestricted car dealer auction access

you need our car dealer class

you need a current car dealer bond

you need a current DMV LiveScan fingerprint card

you need a current DMV Property Use Verification

you need a temporary car dealer license from your DMV Inspector

you need a completed licensed car dealer Auction Access Application

you will need car dealer insurance and dealer plates to leave the auction

once you make your first car dealer auction purchase

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DMV car dealer school list of providers

does @shift_cars comply with the FTC used car rule ???

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Used Car Rule

16 CFR Part 455

RULE SUMMARY:

The Used Car Rule, formally known as the Used Motor Vehicle Trade Regulation Rule, has been in effect since 1985. It requires car dealers to display a window sticker, known as a Buyers Guide, on the used cars they offer for sale. The Buyers Guide discloses whether the dealer offers a warranty and, if so, its terms and conditions, including the duration of the coverage, the percentage of total repair costs the dealer will pay, and which vehicle systems the warranty covers. In states that do not permit sales of used cars “as is,” or without warranties, dealers must display an alternative version of the Buyers Guide.

HIDEPUBLIC COMMENTS

can a wholesale dealer ever sell to the retail public ???

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getting a retail car dealer license has its drawbacks

the zoning approval can be difficult

the local automotive parts or repair shop

with a wholesale car dealer license

is an excellent way to maximize employee productivity

and use your skills to

acquire, repair and return certified used vehicles

to dealer auction and wholesale inventory

come to our wholesale car dealer class

and get started ASAP

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and if you ever have a certified used vehicle for sale

provide us a smog + safety + buyers guide + vehicle history

and a ready and willing cash buyer

and we will draft your

retail used car sale

for a small fee

on our

retail dealer license

DLR 35862

#realcardealerschool

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get auction access from the #realcardealerschool

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car dealers have to comply with lots of rules and regulations

take a look at the DMV Car Dealer Handbook

when building your car dealer license

look for a car dealer school with broad industry experience

a current retail sales license

and solid teaching skills

ONLY ONE CAR DEALER SCHOOL HITS ALL THE MARKS

gotplates.com

retired POST certified police trainers

current active retail car dealer with a broker endorsement

16 years of car dealer experience

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we value wisdom and experience at the #realcardealerschool

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if you have experience in the car business

we have openings for qualified teachers

we run the largest car dealer school in america

we are certified by the california dmv since 1998

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the retail side of this business is complex

the wholesale side could not be more simple

teaching car dealer school can be fun and exciting

we deal with over 50 cultures in california

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treat customers well

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car dealers…..are you tired of expensive carfax reports ???

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Sign up for a VinAudit Dealer Account

Please register here to receive a VinAudit.com Dealer Account for bulk access to NMVTIS reports. For instant activation, please fill all required fields.

Your Name:
Business Name:
Full Address:
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cheat the government…..go to prison

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Former Miramar Car Dealer Headed to Trial

On Monday, a judge decided there was enough evidence to send John Mussari, the former owner of Mussari Motors in Miramar, to trial. Mussari is accused of cheating clients out of tens of thousands of dollars. NBC 7 Investigates reporter Mari Payton has more.

Former Miramar Car Dealer Headed to Trial

On Monday, a former Miramar car dealer accused of cheating customers was bound over for trial, expected to start next month.

Thanks to reports from NBC 7 Investigates, the District Attorney’s Office says more potential victims have come forward, and they were finally able to get enough evidence to go to trial.

NBC 7 Investigates first revealed customer complaints about Mussari and his high-end car dealership, Mussari Motors, in Nov. 2011.

Five years after the first complaints of theft and financial fraud were reported to the DMV, John Mussari was bound over for trial on 16 counts and five allegations.

“Our goal is to obtain as much restitution as possible and to also seek justice on their behalf,” Deputy District Attorney Luis Mendez said. “A lot of them are very upset and they took tie out of their lives today to testify.”

Mendez said Mussari took pre-owned Ferraris, Lamborghinis and Mercedes on consignment, sold single cars to multiple buyers, never paid the original owners and defrauded finance companies and banks.

John Mussari was formally charged with 16 felonies in February.

He remains free on a $100,000 bond and is scheduled to be back in court Dec. 4.

Mussari is also the target of a federal investigation that involves money laundering and drug trafficking proceeds.

Mussari’s lawyer, Anthony Colombo, didn’t want to comment Monday afternoon, but previously pointed out to NBC 7 that the federal investigation has dragged on for years with no charges filed.

Source: http://www.nbcsandiego.com/news/local/Former-Miramar-Car-Dealer-Headed-to-Trial-232449401.html#ixzz2l6ckVIva

can i legally advertise as a licensed autobroker ???

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yes and no
you may advertise your broker services
but not access to specific vehicles
you could reference vehicles advertised by retail dealers
with whom you have a brokering agreement
we allow that for vehicles placed on retail consignment
our drafted sale program costs 425. per vehicle
with red flag certification
you may show cars consigned to retailers
but you must negotiate and complete the sale
at the retail dealer holding that vehicle in its inventory
hope that makes sense
you have to be very careful
if you are not a licensed retailer yourself
the brokering agreement you hold may enable some advertising
under the retail dealers license
thx
Joseph
800-901-5950
+++
thx

@gotplates dealer class in san francisco

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56 chevy wg

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some people are happy with a salvage title vehicle

they usually take the dealer class from our lower priced competitors

some people ONLY want a clean title one owner car with no accidents

they usually take the San Francisco  #realcardealerschool from us

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61 corvette

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its really about choices and perspective

we are the only licensed dealer / broker certified to teach dealer class

our instructor

Joseph Weatherman

has over 30 years of teaching experience

415-730-3131

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gotplates.com

#realcardealerschool

the leader in car dealer education

SAN FRANCISCO DEALER CLASS

since 1998

800-901-5950

@gotplates

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why take a salvage title dealer class

when a clean title dealer class is so much better ???

classes weekly

39 locations

#realcardealerschool

800-901-5950

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the only dmv certified car dealer school in california taught by a real fully licensed and insured california car dealer / broker

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yes

here is the latest list of dmv certified car dealer schools

each instructor will tell you they are the best, most experienced & how lousy the competition is

ASK THEM TO SHOW YOU THEIR RETAIL DEALER LICENSE WITH THEIR AUTOBROKER ENDORSEMENT

only the #realcardealerschool can show you their license

proudly licensed and teaching since 1998

TriStar Motors LLC

DLR License 35862

Main Location Information
TRISTAR MOTORS LLC
701 ILLINOIS ST
SAN FRANCISCO CA  94107
Tel: (415)552-1011
Location Opened : 05/02/2008
Location Closed:
Licensed to Provide,
Offer or Sell:
Used Snowmobile Dealer.
Used Auto/Commercial Vehicle Dealer.
Used Motorcycle Vehicle Dealer.
Autobroker.
Used Trailer Vehicle Dealer.
License Information
License No.: 35862
License First Issued: 09/22/1998
Operator or Contact:
Owner of Business: WEATHERMAN JOSEPH LOUIS
Mailing Address: P O BOX 883
APTOS CA 95001

DMV Instructor CCC0004

http://gotplates.com

where the rubber meets the road

and the rest fall behind

come and see us in one of 39 california teaching locations

800-901-5950

+++

+++

+++

DMV Dealer Education Providers

Dealer education providers are listed by the type of class offered and area served. All classes are held in a classroom unless noted in the first column.

*Pre-licensing only
**Continuing Education only
DMV has not approved any “on-line” Pre-Licensing Programs

Area and
Type of Class Offered
Online/Home Study Continuing Education title  title Northern Area title Central Area title Southern Area title Provider
X X X X X TriStar Motors, LLC
Phone: 1-800-901-5950
Internet: www.gotplates.com
X X X 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
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: 1-909-648-0446
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: 1-916-470-4384
Email: chinastew@aol.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 X Dealers Support Group
Phone: 1-818-758-9951
Internet: www.dealerssupport.com
X X California Accredited Dealer Education
Phone: (714) 300-4148
Email:: cadeclass@aol.com
X X X X X ATG Dealer School
Phone: 1-818-909-7912
Internet: www.atgdealerschool.com
X Bell’s Automotive Dealer
Phone: 1-909-202-9204
Email: bell2automotive@yahoo.com
**X Auto Support Group
Phone: 1-714-588-1511
Email: E2000perez@yahoo.com
X X Dealer Lessons
Phone: 1-877-772-3332
Internet: www.dealerlessons.com
X Online Auto Dealer Ed
Phone: 1-877-724-6150
Internet: www.onlineautodealered.com
X Colby Learning Center of San Diego
Phone: 1-619-559-5748
Email: colbylearning@aol.com
X X Modesto/Central Valley Dealer Education
Phone: 1-209-535-8910
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 A-1 Auto Dealers Support Group
Phone: 1-323-781-7130
Internet: www.a1autodealerssg.com
X X X X X Automotive Systems Analysis
Phone: 1-800-564-0984
Internet: www.autosystemsanalysis.com
X X X X X FFW Auto Group
Phone: 1-415-644-8052
Internet: www.ffwautogroup.com
X Dealers Mark Vehicle Education
Phone: 1-714-767-7467
Internet: www.dealersmark.com
*X Priority One Motors
Phone: 1-310-346-4268
Email: priorityonemotors@gmail.com

Last updated: 10/17/2014

are you kidding ??? car dealer plates with NO insurance ???

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remember

no one from the DMV will ever ask you to produce an insurance card for your car dealer license

+++

a gap in the system allows the operation of a car dealer license without insurance

+++

DO NOT BE FOOLISH & IGNORANT

+++

if you are stopped by the police

operating a dealer plated inventory vehicle

without insurance

the citation is issued

the vehicle is impounded

the car dealer license plate is seized

+++

the police will require

current registration

sales taxes

impound fees

towing charges

before the impounded vehicle can be released

+++

the dmv will hold a hearing to see why you should get your plate back

or

the dmv will hold a hearing to see why you should remain licensed

+++

basic used car dealer insurance

starts at $ 2200. per year

for a free quote

EZDealerInsurance.com

+++

Mike

714-797-5780

+++

why do i need car dealer license insurance coverage ???

Standard

+++

remember

no one from the DMV will ever ask you to produce an insurance card for your car dealer license

+++

a gap in the system allows the operation of a car dealer license without insurance

+++

DO NOT BE FOOLISH & IGNORANT

+++

if you are stopped by the police

operating a dealer plated inventory vehicle

without insurance

the citation is issued

the vehicle is impounded

the car dealer license plate is seized

+++

the police will require

current registration

sales taxes

impound fees

towing charges

before the impounded vehicle can be released

+++

the dmv will hold a hearing to see why you should get your plate back

or

the dmv will hold a hearing to see why you should remain licensed

+++

basic used car dealer insurance

starts at $ 2200. per year

for a free quote

EZDealerInsurance.com

+++

Mike

714-797-5780

+++

 

some advantages to having your own car dealer license

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  • Getting into dealer-only auctions
  • Buying vehicles at wholesale dealer prices
  • Buying vehicles with auction company financing
  • Paying no sales tax on your vehicle purchases
  • Paying no registration fees on your vehicle purchases
  • Using dealer plates to drive your vehicles without registering them
  • Making money doing what you enjoy
  • Writing off your expenses
  • Doing it part time or work it into full time
  • Saving significant money buying vehicles for yourself, friends and family
  • Selling locally, or exporting to other countries
  • Buying at the auctions and selling on Craigslist, E-Bay, or your own website
  • Brokering vehicles with none of your own money invested
  • Not getting caught selling without a license and being barred from getting a license in the future.
  • Driving around in great vehicles and then selling them at a profit.

visit us at gotplates.com

800-901-5950

we make it easy

red flag rules ITPP

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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.

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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.

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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
business practices
• Document all responses taken in reaction to signs of
potential identity theft
• Update the plan over time to stay current with evolving
risk factors

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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
flags.”

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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
consumer; and
• Anyone else who directly or indirectly holds a transaction
account belonging to a consumer.

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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
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.

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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
don’t.

+++

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.

+++

Red Flag Rules Car Dealer Attorney

+++

800-901-5950

autopia

 

have you been to a car dealer auction ???

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+++++

restricted auctions for car dealers only are exciting

the air is electrified

the buyers are serious

and everyone is looking to deal

+++++

find your next car

at the auction

+++++

pay wholesale

avoid sales tax

avoid registration fees

drive on your car dealer license plate

+++++

this is an exciting way to make money

+++++

get licensed in 30 days with our car dealer school

+++++

800-901-5950

+++++

gotplates.com

+++++

we offer car dealer licensing classes in 39 california locations ( gotplates ?? )

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Pre-Licensing Dealer Class

got dealer plates ?? need dealer insurance ??

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redstar

von Arx Logo

COMMERCIAL INSURANCE SERVICES

General Liability – Commercial Property – Garage Liability – Commercial Auto – Umbrella & Excess

Worker’s Compensation – Professional Liability – Medical/Healthcare – Ocean Marine

Since 1985 we have provided affordable premiums with the correct coverage

for various business entities throughout California. We are experts in “problem solving”

for all lines of commercial coverages and specializing in challenging risks.

Receive service with your premium payments… Give us a call to see how we can help.

Direct 562.795.6611 x 14 | Fax 562.795.6655

Toll Free 800.986.6279 x 14 | Fax 800.818.1095

Jon L. von Arx,
President of J.L. von Arx & Associates Insurance Services

CA Lic. # 0702245