Here’s a real issue that impacts Retail Auto Dealers and Wholesalers across America. In large economical states like New York and California, maintaining focus can be a job in itself. How Shiny Object Syndrome affects Wholesalers and Retail Auto Dealers Concern A good majority of California used car dealers experience resistance in…
If you are having issues receiving your Car Dealer License in California or simply curious about the process, then you are in luck because licensing is one of our specialties! In this post you will find a comprehensive and strategic resource to move you closer to pursuing your California Auto Dealer License. The names that…
As one of America’s top leaders in the Dealer Bond industry, YCDB is dedicated to helping the dealer in you. YCDB has developed a Resource Center specifically for California used car dealers. This Resource Center is a free repository of quality information that is tailored to all retail auto dealers, wholesalers, and auto…
One of the most complex and overwhelming parts of getting or keeping your DMV license relates to car dealer bonds. The reason is usually due to the dealer’s credit or citizenship status. There are plenty of moving parts for a Used Car Dealer regardless of how many years they have been in business or…
Your Car Dealer Bond Videos for the Surety Bond Auto Dealer help optimize your business. Our videos show how to reduce monthly overhead or liability exposure while increasing sales. What is a Surety Bond for Used Auto Dealers? Published on August 7, 2018 by Mike Ramos One of the most common questions I get…
If you’re still on the fence about getting into the used car business, we’ve got you covered. Here are 5 more reasons to start flipping cars in California: Profit margins that reward dealers that have invested in their process Great potential exit strategy due to being a business to sell once the model is built…
Auto Dealer Surety Bonds – Top 3 Questions ever received! So you are a used car dealer and have been looking into Auto Dealer Surety Bonds and you still have some questions. Over the years, I’ve consistently seen some confusion about what exactly this bond does. It doesn’t protect your dealership from customers demanding their…
There are two types of vehicle title bonds; Foreign Vehicle Ownership and Defective Title Bonds (the official name is Motor Vehicle Ownership Bond). For vehicles purchased out-of-state (outside California), the DMV requires a Foreign Vehicle Ownership Bond. Defective Title Bonds are used for vehicles without an available title. Hence, there are a variety of reasons…
