California Court of Appeal

Payment of the "dealer reserve," a portion of the automobile finance charges paid by the finance company to the auto dealer, does not violate the Rees-Levering Automobile Sales Finance Act and is not unlawful under the other statutory provisions.

Appellate Information

• Decided 07/07/2003
• Published 07/07/2003

Judges

Court

• California Court of Appeal

Counsel

• For Appellant:
  
•  R. Rex Parris Law Firm, R. Rex Parris and James S. Kostas, Lancaster;  Marlin & Saltzman, Stanley D. Saltzman, Woodland Hills, and Louis M. Marlin, Anaheim;  Mazursky, Schwartz & Angelo, Los Angeles, Arnold W. Schwartz and Mark D. Bradley for Plaintiffs and Appellants.


• For Appellees:
  
• Severson & Werson, Jan T. Chilton and Donald J. Querio, San Francisco;  Foell & Elder and William N. Elder, Jr., Anaheim, for Defendant and Respondent Mission Financial Services Corporation., Prenovost, Normandin, Bergh & Dawe, Michael G. Dawe and Thomas J. Prenovost, Jr., Santa Ana, for Defendant and Respondent Consumer Portfolio Services., Anglin, Flewelling, Rasmussen, Campbell & Trytten, Robin C. Campbell and Mark T. Flewelling, Los Angeles, for Defendant and Respondent The Money Store Auto Finance, Inc., Musick, Peeler & Garrett, Charles E. Slyngstad and Peter T. Haven, Los Angeles, for California Motor Car Dealers Association as Amicus Curiae on behalf of Defendants and Respondents.