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SEARCHCompli's Webcast, “California Car Buyer's Bill of Rights — Requirements and Implementation Strategy,” has been archived and is available to view for free.
Compli’s Webcast, “California Car Buyer’s Bill of Rights — Requirements and Implementation Strategy,” has been archived and is available to view for free.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
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