Feb. 11-- Even Gov. Schwarzenegger couldn't fix this.
Since Jan. 1, California has required new language in the standard retail installment contract used by dealerships, stipulating that the contract be on a single page. The result is a document 8 ½ inches wide by 25 ¾ inches long.
That caused a headache for Reynolds and Reynolds Co. of Dayton, Ohio.
Although Reynolds is a leading supplier of dealership management software, its original business was supplying paper forms to dealerships. Its Law Printing Co. subsidiary still produces the standard retail installment contract used by dealers across the country -- including all 1,700 new-vehicle dealers in California. Reynolds has a printing press that can handle the new super-sized sales contract but it had to invest $750,000 in a custom, wide-bodied collator that assembles the white, canary, pink and goldenrod copies of the contract into a single bound form.
The new collator can accommodate up to a 30-inch form.
Why so long? Chances are Reynolds will need it.
California has changed the form's requirements just about every year since 1969. The changes usually involve new disclosure requirements or insurance provisions or issues with the department of motor vehicles.
Here's the regulatory kicker: In addition to English and Spanish, the standard retail installment contract now must be available in Korean, Vietnamese, both written versions of Chinese and Tagalog.
Where's the Governator when you need him?