Federal Resources for Independent Dealers
The Used Car Rule, also known as the Used Motor Vehicle Trade Regulation Rule, equires car dealers to display a window sticker, known as a Buyers Guide, on the used cars they offer for sale.
The Buyers Guide must:
- Disclose 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
- Disclose 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.
A Dealer’s Guide to the Used Car Rule
Other tools from the NIADA:
- Office of Foreign Assets control (OFAC) Guide
- Dealership compliance with the USA Patriot Act
- Audit Technique Guide
- Gramm-Leach-Bliley Act
Protect customers from ID theft
Internal Revenue Services (IRS)
Generally, any person in a trade or business who receives more than $10,000 in cash in a single transaction or related transactions must complete a Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business
- Reporting Cash Payments Explanation
- Frequently Asked Questions regarding reporting cash payments of over $10,000
- IRS Cash Reporting – 8300 Form
- Apply For Your Federal Tax I.D. Number
- Related Finance Company (RFC)
Sanctions List Search
This Sanctions List Search applicationis designed to facilitate the use of the Specially Designated Nationals and Blocked Persons listand all other sanctions lists administered by OFAC.
Repo Laws
Is your customer not complying? Find out the repossession laws for each state.
Recalls
Stay up to date on vehicle part recalls: