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What type of information will a motor vehicle installment seller be required to include in the annual report?

April 26, 2017annual report installment motor seller type vehicle

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What type of information will a motor vehicle installment seller be required to include in the annual report?

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The following information must be collected from 1/1/09 through 12/31/09 and maintained to complete the annual report. To ensure consistency of reporting, please utilize the following example of net amount financed. For example, if the net amount financed is $9,000, and the warranty and other fees put the final net amount financed at $10,500, this transaction gets reported in the $10,000 or less category.