top of page
Preview
Lesson Description

Your dealership has entered into contractual agreements with the various finance sources to which it sells retail installment sale contracts. These agreements are collectively called Dealer-Lender Agreements and provide for a number of representations and warranties from the Dealership to the finance source. Dealer-Lender Agreements define the conditions under which a finance source, such as a bank or captive finance company, will purchase a dealer’s installment sale contracts, and an installment sale contract is not the same thing as a loan. This lesson will help give you an understanding of these agreements and common representations and warranties that should be considered in the course of your operations.

Topics
Features
  • Deployable online with Mosaic's LMS

  • Track and retain employee completions

  • SCORM Compliant version available

  • Text summary

  • English closed captions

  • What is a Dealer-Lender Agreement?

  • Representations and Warranties

  • Straw Purchases

  • ...

Lesson Details

Video Length

6:24

Units

6

Quiz Questions

5

Estimated Time to Complete

10 minutes
bottom of page