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Q: In an Auto Dealer floor plan is it the fiduciary duty of the lender of said plan funds to disclose the source and that sources legality?
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Does the Dealer have to disclose known mechanical defects?

In most states, yes, a professional dealer must disclose any defect that he knows about. But how do you prove that he knew?


Does a GA dealer have to disclose if a car is wrecked?

A GA dealer does have to disclose if a car was wrecked. They do not all follow this rule however, so running a CarFax is recommended.


Does a used car dealer have to disclose hail damage?

No.


If a car has a salvaged title can it still be legally sold by a car lot?

Absolutely,a dealer can sell you a vehicle with a salvaged title. Each state has there own laws but in most states you must disclose to the consumer that the vehicle you are selling to them has SALVAGED history. The selling dealer must disclose this on the state title forms and on the BILL of SALE.If the selling dealer does not disclose this,then you have a legal rights against the dealer.


Does a car dealer have to disclose frame damage to a car sold in Texas?

If he is an honest dealer he will. Legally he is under no obligation to do so.


Can you cancel an auto contract because the dealer did not disclose defects in the vehicle?

It depends on the laws in your state, and the exact problem(s) you are having with the dealer and the car.


Do dealers have to disclose if airbags not working?

It is illegal for a car dealer to sell any car with non-functioning air bags.


What are your legal right when a car dealer just found out the car you trade in has a lien?

If you did not disclose the lien to the dealer then you committed fraud! At this point it is a fraudulent deal and everything can be unwound. The dealer can repossess the unit or sue you for the difference. In jurisdictions it is possible the dealer could get a warrant for your arrest for credit fraud


What are the main sources of auto dealer profits?

Licensing fee


How can you get images and meaning of dashboard lights for a 2001 Saturn LS?

Sources: Dealer, Salvage Yard, and Many online sources.


Which of the followering is not one of the main sources of auto dealer profits?

Licensing Fees.


Which of the following is not one of the main sources of auto dealer profits?

Licensing Fees.