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FORMS & PAPERWORK Presented by: Wayne Reaves Auto School

FORMS & PAPERWORK Presented 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.

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FORMS & PAPERWORK Presented by: Wayne Reaves Auto School

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  1. FORMS & PAPERWORKPresented by: Wayne Reaves Auto School

  2. Adding Vehicles to Inventory • Bill of Sale • Odometer • Consignment Agreement • Trade-In Bill of Sale • Buyers Guides • (English & Spanish) • Window Stickers

  3. Bill of Sale & Odometer

  4. Consignment & Trade- In Bill of Sale

  5. Buyers Guide – The Used Car Rule http://www.ftc.gov/bcp/conline/pubs/buspubs/usedcarc.pdf

  6. Buyers Guide – The Used Car RuleSpanish Version

  7. Buyers Guide – The Used Car Rule

  8. Option Sticker http://www.ftc.gov/bcp/conline/pubs/buspubs/creditad.htm • Make sure advertised options work! • Watch for trigger terms requiring full disclosure! Down Payment Payment Amount Term Finance Charge • Ask Salesperson - Safe

  9. Handling the Customer • Map • Keys • Pictures

  10. Credit Application & Privacy DO NOT CHECK A PERSONS CREDIT WITHOUT THIER PERMISSION!

  11. Privacy Law http://www.ftc.gov/privacy/privacyinitiatives/glbact.html Now & Every 12 Months if you collect from them!

  12. Homeland Security & the Patriot Act www.treas.gov/offices/enforcement/ofac/sdn/

  13. IRS FORM 8300

  14. IRS FORM 8300 & Pub 1544

  15. IRS FORM 8300 – Spanish

  16. IRS FORM 8300

  17. IRS FORM 8300

  18. IRS FORM 8300

  19. Pending Sale& Notice to Cosigner

  20. Forms to Seal the Deal • Do the Paperwork • Deliver the Car • File the Records

  21. Bill of Sale

  22. Odometer & As-Is

  23. Privacy Notice

  24. Buyers Guide

  25. Arbitration Agreement

  26. Possible Damage & Salvage

  27. RISC - GEORGIA

  28. RISC - GEORGIA

  29. Repo & Insurance

  30. Title App( MV-1) & POA (T-8)

  31. Secure POA & Title Reassignment

  32. Certificate of Title

  33. Miscellaneous Forms

  34. Miscellaneous State Forms

  35. Keep it Sold • No Cooling Off • Delivering Vehicles • Internet Sales

  36. GPS & Starter Interrupt

  37. 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

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