FORMS & PAPERWORKPresented by:

Wayne Reaves Auto School

Adding Vehicles to Inventory

• Bill of Sale• Odometer• Consignment

Agreement• Trade-In Bill of Sale• Buyers Guides

– (English & Spanish)

• Window Stickers

Bill of Sale & Odometer

Consignment & Trade- In Bill of Sale

Buyers Guide – The Used Car Rule

http://www.ftc.gov/bcp/conline/pubs/buspubs/usedcarc.pdf

Buyers Guide – The Used Car RuleSpanish Version

Buyers Guide – The Used Car Rule

Option Sticker

• Make sure advertised options work!

• Watch for trigger terms requiring full disclosure!

Down Payment Payment Amount

Term

Finance Charge• Ask Salesperson - Safe

http://www.ftc.gov/bcp/conline/pubs/buspubs/creditad.htm

Handling the Customer

•Map

•Keys

•Pictures

Credit Application & Privacy

DO NOT CHECK A PERSONS CREDIT WITHOUT THIER PERMISSION!

Privacy Law

Now & Every 12 Months if you collect from them!

http://www.ftc.gov/privacy/privacyinitiatives/glbact.html

Homeland Security & the Patriot Actwww.treas.gov/offices/enforcement/ofac/sdn/

IRS FORM 8300

IRS FORM 8300 & Pub 1544

IRS FORM 8300 – Spanish

IRS FORM 8300

IRS FORM 8300

IRS FORM 8300

Pending Sale & Notice to Cosigner

Forms to Seal the Deal

•Do the Paperwork•Deliver the Car•File the Records

Bill of Sale

Odometer & As-Is

Privacy Notice

Buyers Guide

Arbitration Agreement

Possible Damage & Salvage

RISC - GEORGIA

RISC - GEORGIA

Repo & Insurance

Title App( MV-1) & POA (T-8)

Secure POA & Title Reassignment

Certificate of Title

Miscellaneous Forms

Miscellaneous State Forms

Keep it Sold

• No Cooling Off• Delivering Vehicles• Internet Sales

GPS & Starter Interrupt

Required for Each Sale!

• Buyers Guide (English & Spanish)• Bill of Sale• Odometer• As-Is• Privacy Notice• Retail Installment Sales Contract• Title Application• Certificate of Title• (Salvage Title Disclaimer)• Check With Homeland Security• Track Your Cash Receipts