| Correction for UCCC Link! |
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Happy New Year. We found out our link for the UCCC filing was incorrect - It took you to last years form. We sincerely apologize for the error.
The good news is the fee for the filing has dropped to $130. Here is the correct link.
Any dealer that is a "creditor" must file and pay the UCCC Annual Notification Fee by January 31st. A "creditor" is a person or business that sells or leases goods or services to consumers and either arranges financing from others or provides its own financing. If your name appears on a retail installment contract or consumer lease as the creditor or lessor, even if you immediately sell or assign the contract to a finance company or bank, you are a creditor. You are required by law to file the UCCC notification form if you make Colorado consumer credit sales or consumer leases. If you are required to pay the fee, and fail to do so, consumers have no legal obligation to pay any of the finance charges due under the credit transactions. Retail Sales Notification Form
Don't forget about the $10 discount to our on-line Compliance - The Well Informed Dealer/Salesperson Seminar. To utilize the discount code, you must register for the class by January 15th - then you will have 30 days access to the class. Use the discount code "2016". This class brings you up to date on several compliance issues and prepares you for an audit by the Colorado Auto Industry Division. We welcome your feedback on this seminar!
Best wishes for a happy and successful new year!
Thanks for letting us serve you!
Connie Hatch
CAPSS LLC
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Compliance - The Well Informed Dealer/Salesperson
Is it almost impossible to send your staff to training - and too expensive to bring in a trainer? Compliance - The Well Informed Dealer/Salesperson Seminar is a convenient and affordable solution that CAPSS and CIADA have partnered together to offer Colorado dealers and their staff. Do you need to track employee training? A personalized certificate is available for the student to print at the completion of the training.
Are you complying with the Federal Truth-in-Mileage Act? Do you know what damage disclosure is required to be furnished to your customer? If you did not know the vehicle you sold was previously salvaged or a lemon buy-back, do you have to buy the vehicle back? What charges can be added to an advertised price? Are you up to date on advertising and dealer plate regulations? Does your customer have a right to rescind a contract? When do you need an Off-Premise Permit? What required disclosures do you have to provide to a customer? Do you need to do a safety inspection on the vehicles you sell? What is a Tow-Away?
This seminar covers numerous items required for compliance of industry's rules and regulations, including OFAC, Safeguard, and Red Flags. Dealers/salespersons taking this class will be prepared for a compliance inspection by the Colorado Auto Industry Division.
CAPSS is currently offering a $10 discount for everyone who registers for this class by January 15th. You will have access to the class for 30 days from your registration date. Use the Discount Code 2016. Register for the class: Compliance |
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Partners with CIADA to better serve Colorado Dealers!
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Contact us if we can serve you. Thanks again for your continued support.
Sincerely,
Connie J. Hatch
CAPSS LLC 970-209-7499
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