Auttr » johnbelo http://auttr.com Auttr Thu, 17 May 2012 22:10:26 +0000 en hourly 1 http://wordpress.org/?v=3.0.5 Happy Holidays! http://auttr.com/blog/2010/12/24/happy-holidays-2/ http://auttr.com/blog/2010/12/24/happy-holidays-2/#comments Fri, 24 Dec 2010 17:38:22 +0000 johnbelo http://auttr.com/blog/happy-holidays-2/ Wishing Everyone and their family a Happy Holiday and a Prosperous New Year!!

]]> http://auttr.com/blog/2010/12/24/happy-holidays-2/feed/ 0 SEC. 1029. EXCLUSION FOR AUTO DEALERS. (… http://auttr.com/blog/2010/06/30/sec-1029-exclusion-for-auto-dealers/ http://auttr.com/blog/2010/06/30/sec-1029-exclusion-for-auto-dealers/#comments Wed, 30 Jun 2010 00:01:24 +0000 johnbelo http://auttr.com/blog/sec-1029-exclusion-for-auto-dealers/ (Read more)]]> SEC. 1029. EXCLUSION FOR AUTO DEALERS.
(a) SALE, SERVICING, AND LEASING OF MOTOR VEHICLES EXCLUDED.—Except as permitted in subsection (b), the Bureau may not exercise any rulemaking, supervisory, enforcement or any other authority, including any authority to order assessments, over a motor vehicle dealer that is predominantly engaged in the sale and servicing of motor vehicles, the leasing and servicing of motor vehicles, or both.
(b) CERTAIN FUNCTIONS EXCEPTED.—Subsection (a) shall not apply to any person, to the extent that such person—
(1) provides consumers with any services related to residential or commercial mortgages or self financing transactions involving real property;
(2) operates a line of business—
(A) that involves the extension of retail credit or retail leases involving motor vehicles; and
(B) in which—
(i) the extension of retail credit or retail leases are provided directly to consumers; and
(ii) the contract governing such extension of retail credit or retail leases is not routinely assigned to an unaffiliated third party finance or leasing source; or
(3) offers or provides a consumer financial product or service not involving or related to the sale, financing, leasing, rental, repair, refurbishment, maintenance, or other servicing of motor vehicles, motor vehicle parts, or any related or ancillary product or service.


(c) PRESERVATION OF AUTHORITIES OF OTHER AGENCIES.—Except as provided in subsections (b) and (d), nothing in this title, including subtitle F, shall be construed as modifying, limiting, or superseding the operation of any provision of Federal law, or otherwise affecting the authority of the Board of Governors, the Federal Trade Commission, or any other Federal agency, with respect to a person described in subsection (a).
(d) FEDERAL TRADE COMMISSION AUTHORITY. — Notwithstanding section 18 of the Federal Trade Commission Act, the Federal Trade Commission is authorized to prescribe rules under sections 5 and 18(a)(1)(B) of the Federal Trade Commission Act, in accordance with section 553 of title 5, United States Code, with respect to a person described in subsection (a).
(e) COORDINATION WITH OFFICE OF SERVICE MEMBER AFFAIRS.—The Board of Governors and the Federal Trade Commission shall coordinate with the Office of Service Member Affairs, to ensure that—
(1) service members and their families are educated and empowered to make better informed decisions regarding consumer financial products and services offered by motor vehicle dealers, with a focus on motor vehicle dealers in the proximity of military installations; and
(2) complaints by service members and their families concerning such motor vehicle dealers are effectively monitored and responded to, and where appropriate, enforcement action is pursued by the authorized agencies.
(f) DEFINITIONS.—For purposes of this section, the following definitions shall apply:
(1) MOTOR VEHICLE.—The term ‘‘motor vehicle’’ means—
(A) any self-propelled vehicle designed for transporting persons or property on a street, highway, or other road;
(B) recreational boats and marine equipment;
(C) motorcycles;
(D) motor homes, recreational vehicle trailers, and slide-in campers, as those terms are defined in sections 571.3 and 575.103 (d) of title 49, Code of Federal Regulations, or any successor thereto; and
(E) other vehicles that are titled and sold through dealers.
(2) MOTOR VEHICLE DEALER.—The term ‘‘motor vehicle dealer’’ means any person or resident in the United States, or any territory of the United States, who—
(A) is licensed by a State, a territory of the United States, or the District of Columbia to engage in the sale of motor vehicles; and
(B) takes title to, holds an ownership in, or takes physical custody of motor vehicles.

]]> http://auttr.com/blog/2010/06/30/sec-1029-exclusion-for-auto-dealers/feed/ 0 EZ Dealer Finance now offers Independent Dealers More Lenders http://auttr.com/blog/2010/06/15/ez-dealer-finance-now-offers-independent-dealers-more-lenders/ http://auttr.com/blog/2010/06/15/ez-dealer-finance-now-offers-independent-dealers-more-lenders/#comments Tue, 15 Jun 2010 11:15:27 +0000 johnbelo http://auttr.com/?p=4187 (Read more)]]> EZ Dealer Finance
(866) 343-6714
sales@ezdealerfinance.com

FOR IMMEDIATE RELEASE

EZ Dealer Finance Announces it Has Reached Connectivity to Over 60 Lenders
Web Site for Automobile Dealers to Submit Loan and Lease Applications

Old Bridge, NJ – June 14, 2010

EZ Dealer Finance, a provider of automobile lending and leasing solutions, today announced that it has now over 60 lenders willing and able to do business with independent automobile dealers under the EZ Dealer Application System. EZ Dealer Finance takes the guesswork out of loan and lease applications and proactively turns applications into sales.

“We will continually strive to offer dealers more lenders to cover all spectrums of lending. With EZ Dealer Finance, dealers will have immediate access to our lenders. We will give our dealers every advantage they need to compete.” – John Belo, CEO

EZ Dealer Finance connects your Dealership to:

  • Banks
  • Credit Unions
  • Finance Companies
  • Used Car Leasing Sources
  • Prime to Sub Prime Lending
  • Rate Participation on Sub Prime and Prime ( available in certain states)

“With the vast array of lenders that EZ offered our dealership, I was able to deliver more vehicles that generated higher gross and I was able to offer my customers better rates and terms!” Jesse Finance Manager at Vullo Motors

About EZ Dealer Finance
EZ Dealer Finance is a web site for independent, franchise dealers and power sport dealers to submit loan and lease applications. We pride ourselves in knowing the industry. Our staff has been in the auto industry every day for the past 25 years. Our job is to understand your needs so that your vehicles are delivered. EZ Dealer Finance is based in Old Bridge, New Jersey and can be reached at (866) 343-6714 or visiting www.ezdealerfinance.com

]]> http://auttr.com/blog/2010/06/15/ez-dealer-finance-now-offers-independent-dealers-more-lenders/feed/ 0 Is anyone is attending NIADA next week, … http://auttr.com/blog/2010/06/10/is-anyone-is-attending-niada-next-week/ http://auttr.com/blog/2010/06/10/is-anyone-is-attending-niada-next-week/#comments Thu, 10 Jun 2010 11:23:47 +0000 johnbelo http://auttr.com/blog/is-anyone-is-attending-niada-next-week/ Is anyone is attending NIADA next week, please just dealers respond and if not the reason(s) you cannot attend
Also would a 2 day regional shows be more beneficial for you and your staff to attend

]]> http://auttr.com/blog/2010/06/10/is-anyone-is-attending-niada-next-week/feed/ 0 Merry Christmas, Happy Holidays and a Pr… http://auttr.com/blog/2009/12/24/merry-christmas-happy-holidays-and-a-pr/ http://auttr.com/blog/2009/12/24/merry-christmas-happy-holidays-and-a-pr/#comments Thu, 24 Dec 2009 13:39:14 +0000 johnbelo http://auttr.com/blog/merry-christmas-happy-holidays-and-a-pr/ Merry Christmas, Happy Holidays and a Prosperous New Year to all from everyone at EZ Dealer Finance

]]> http://auttr.com/blog/2009/12/24/merry-christmas-happy-holidays-and-a-pr/feed/ 0 EZ Dealer Finance Launches Powersports DDivision http://auttr.com/blog/2009/11/12/ez-dealer-finance-launches-powersports-ddivision/ http://auttr.com/blog/2009/11/12/ez-dealer-finance-launches-powersports-ddivision/#comments Fri, 13 Nov 2009 00:21:49 +0000 johnbelo http://auttr.com/blog/ez-dealer-finance-launches-powersports-ddivision/ (Read more)]]> sales@ezdealerfinance.com
FOR IMMEDIATE RELEASE
EZ Dealer Finance Announces the Launching of its Powersports Application Lending System
Web Site for Power Sport Dealers to Submit Loan and Lease Applications
Old Bridge, NJ – November 12, 2009
EZ Dealer Finance, a provider of automobile lending and leasing solutions, today announced the addition of its power sport division for loan and lease applications. EZ Dealer Finance takes the guesswork out of loan and lease applications and proactively turns applications into sales.
“I am excited to provide the same level of finance alternatives to the powersports industry, that EZ Dealer Finance we have been providing to the auto industry. With our multiple lending and leasing solutions, dealers will have these choices at their fingertips. We will give our dealers every advantage they need to compete.” – John Belo, CEO
EZ Dealer Powersports highlights:
- New and Used Motorcycle Leasing
- Prime to Sub Prime Financing
- Recreational Vehicles
- Marine Vehicles
- UTV and ATV Financing
- Accessory Financing
“This program has been needed for years in the Powersports Industry. The advantages for us to send applications one source helps us streamline the F and I process. Faster approvals, Faster signatures. Faster cash! Everybody wins.” – Shane Whittenberg, Finance Director Morris Powersports
About EZ Dealer Finance
EZ Dealer Finance is a web site for independent and franchise dealers to submit loan and lease applications. We pride ourselves in knowing the industry. Our staff has been in the auto industry every day for the past 25 years. Our job is to understand your needs so that your vehicles are delivered. EZ Dealer Finance is based in Old Bridge, New Jersey and can be reached at (866) 343-6714 or visiting www.ezdealerfinance.com

]]> http://auttr.com/blog/2009/11/12/ez-dealer-finance-launches-powersports-ddivision/feed/ 1