Record Retention

Keeping good records goes far beyond best business practices, dealers are actually obligated to keep some records by law.  Its important to know which records you need to keep and for how long to stay compliant.  Below is a simple list to help guide you. Office of...

Identification Requirements

When you sell a vehicle, you have an obligation to make sure the person buying the vehicle is who they say they are.  One of the first requirements will be for you to verify their identity.  As a dealer, you are only allowed to accept a select few documents as valid...

The Military Lending Act (MLA)

We all respect and value our service members and what they do to protect our freedoms every day.  It’s an honor to get to work with these heroes and it goes without saying that we want them to receive loans that meet their needs on terms that protect them.  One...

Third Party Trades

Not every state allows for a third-party trade in, but Florida does!  Although a third-party trade isn’t exactly common, there are some things to know should you come across one. Basically, this type of transaction is where a customer who is purchasing an RV will...