FAQs and TILT Tips
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Sub-Prime Providers in Illinois?
Consider submitting to multiple providers on each deal to ensure highest probability of approval.
Many of the providers below will consider ITIN applicants.
* Future Finance
* Turner Finance
* Pronto Finance
* Golf Acceptance
* Exitor
* Americredit
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How Can My Dealership Stand Out?
Consider providing a limited Warranty on all vehicles. This will make you stand out above the rest. The cost is nominal, but the benefits are substantial. Selecting “Dealer Warranty” instead of “As-Is” will make any customer happy!
* 3-Month, 3,000-Mile
* 6-Month, 6,000-Mile
* 12-Month, 12,000-Mile
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What does Illinois Mandate for Dealers?
It is imperative to compliance that all dealers are aware of their requirements within the state of Illinois.
Here are some items to consider and implement, if not currently following mandates.
* 15-Day/500 Mile Used Vehicle Limited Implied Warranty of Merchantability for Power Train Components
Legislation that became effective on July 1, 2017 requires that most used vehicle retail sales are subject to a Used Vehicle Limited Implied Warranty of Merchantability for Power Train Components (UVLIWMPTC). Vehicles that are subject to the UVLIWMPTC cannot be sold AS IS and must include the Implied Warranties version of the FTC Used Car Buyers Guide instead.
The only vehicles that are exempt from the UVLIWMPTC are vehicles that are any one of the following:
Vehicles with over 150,000 miles; Antique Vehicles (over 25 years old); Vehicles that have been branded as either “FLOOD” or “REBUILT” vehicles; Vehicles with an 8,000 pound or more Gross Vehicle Weight Rating.
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What Desking Tools are Available?
Desking tools are helpful for all dealerships, especially dealers with inventory of XXX+
* DealerCenter
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Title Registration Tools for US?
Title registration providers will allow your dealership to provide IL license plates when they take delivery of the vehicle. This saves time and money for the customer.
* CVR Illinois
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What Dealer Menus are Available?
Dealer menus can guarantee …
* MenuMetric
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Auction Tips for Dealers
Part of selling vehicles is knowing how to buy them. It is our recommendation to follow these guidelines.
* Avoid CRT??