Federal Resources for Independent Dealers
Federal Resources
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.
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
Cash transactions over $10,000 require Form
Internal Revenue Services
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
Specially Designated Nationals and Blocked Persons
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.
Check SDN Blocked Persons List
Repo Laws
Is your customer not complying? Find out the repossession laws for each state.
Recalls
Stay up to date on vehicle part recalls:
Search for Recall Status by VIN