Stokes, and other car dealerships, could easily cure the unfairness of such practices by (1) including language in the sales agreement that the sale is conditional upon the buyer obtaining financing and (2) telling customers the truth about their credit. The courts in both Muro and Singleton believed that if the consumer is actually made aware ... Return Document
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Amount: $20,000.00 (for new and used car dealers) Amount: $10,000.00 (for those engaged in the leasing or renting) Amount: $5,000.00 (for repairer) Each bond required is inclusive and conditioned upon the applicant or licensee complying with the provisions of any state or federal law or regulation relating to ... Fetch Full Source
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SCAM #2: Bump & Grind This little gem is a classic “negotiating” tactic used in car dealerships across the country and probably the world. ... Read Full Source
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In his 2011 State of the Union address, President Barack Obama set the goal for the U.S. to become the first country to have one million electric vehicles on the road by 2015. This goal was established based on forecasts made by the U.S. Department of Energy (DoE), using production capacity of PEV models announced to enter the U.S. market through 2015. ... Read Article
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Have demonstrated certain levels of credit-worthiness – arguably could be more complicated. Generally speaking, financial firms are allowed to use factors such as credit to make distinctions among their customers.9 The law also generally permits price differentials based on nothing more than bargaining prowess; car dealerships, for example ... View Document
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Previously referred to banks, now includes stockbrokers, car dealerships, credit card companies, insurance agencies, jewelers, airlines, the U.S. Post Office and the catch-all phrase of any other business “whose cash transactions have a high degree of usefulness in criminal, tax, or regulatory matters.” First, why ... View This Document
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State and Local Tax Challenges With Creditor or guarantor: Party with the credit that can guarantee lessee will fulfill the lease terms no bad debt deduction is taken when the lessee doesn’t make required payments. ... Get Document
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By Francine Lafontaine And Fiona Scott Morton
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In some cases, vehicles financed through a "buy-here-pay-here" car dealership—in which the consumer (generally those with poor credit) finances a car and pays the dealer directly without a bank—may require comprehensive and collision depending on the amount owed for the vehicle. Collision ... Read Article
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Lender Directory Listing
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