Compli’s Webcast, “California Car Buyer’s Bill of Rights — Requirements and Implementation Strategy,” has been archived and is available to view for free. It was originally broadcast live June 6.

To view the archive, go to http://event.netbriefings.com/event/cpli/Archives/webcast/

It features experts in litigation, compliance systems and the new regulations:

  • Eric Sedwick – vice president of content, Compli

  • Robert Miller -- attorney and founder, Compli

  • Aaron H. Jacoby -- of the law firm Whitwell Jacoby Emhoff LLP, Beverly Hills, Calif.; Jacoby represents auto dealers in a range of legal matters, including the defense of class-action claims

    In addition to regulations pertaining to F&I, sales management, desking, employment practices, workplace safety, and more, dealerships in California will soon be subject to new regulations affecting their documentation and disclosure responsibilities, including:

  • Offering a two-day cooling-off period for used-car buyers

  • Giving consumers the option to sign a contract to return a vehicle within three days

  • Requiring disclosure to a customer of his or her credit score

  • Limiting the use of the term "certified vehicle"

  • Providing consumers with cost breakdowns

  • Capping profit on certain loans

    • 0 Comments