When you're considering buying an auto dealership in Irvine, you're looking at a significant investment. Thorough due diligence is crucial to help you understand the dealership's true value and potential risks. Irvine's auto industry is very competitive and operates...
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Auto Dealership Law
3 pressing legal challenges faced by auto dealers
Being in the auto dealership industry presents unique benefits and challenges. For one thing, retail automobile dealers enjoyed up to $1.2 trillion in sales in 2023. However, being an auto dealer can also be difficult, especially with the rapidly changing legal...
5 ways California’s new franchise law protects car dealerships
Franchising and opening a new car dealership today can be challenging. Dealers must adapt to factors like supply chain disruptions and evolving customer expectations. They also face increased competition, which sometimes includes their vehicle manufacturer...
Watch out for auto dealer fraud allegations
You no doubt put a lot of blood, sweat and tears into building a successful auto sales business in California. That last thing you need is for a disgruntled consumer to levy false accusations against your company, placing your personal and professional reputation at...
Auto dealers and California lemon laws
When a consumer buys a car in California, it is expected that the car is in good working order. Most car sales are completed without issue, leaving the dealership and the buyer feeling good about the transaction. However, when something does go wrong and the car has...
Understanding the Car Buyer’s Bill of Rights in California
If you own or run a car dealership in California, you should be very familiar with California's Car Buyer's Bill of Rights, which affects the sale of all retail motor vehicles. It does so by requiring all licensed auto dealers in California to hand over a list of...
What terms can you not put in your auto sale contracts?
Irvine and Orange County auto dealership owners know that there are many terms that go into automobile sales contracts, and that the contracts are often long and complicated. The laws regarding what can and cannot be included in your contracts can be complex, so it is...
Auto dealerships have many legal needs
From a legal standpoint, running a successful auto dealership or chain of dealerships in Orange County is complicated. At the most basic level, dealerships are larger businesses with many employees, an expensive inventory of motor vehicles and many other assets,...
Dealership owners need airtight contracts with their sales teams
Privately held auto dealerships in Orange County want to take good care of their sales teams. Salespeople who are happy and productive will no doubt produce more revenue for the auto dealership since they will have incentives to sell more cars. On the other hand, the...
Are automobile buyers entitled to a cooling-off period?
Automobile dealers in California know that there is a lot of pressure in the sales business. Sales are integral to the success of a business and keeping up with the laws and regulations governing major purchases, such as an automobile, can be complex. Most business...