Reynolds Document Services takes pride in the relationships forged over decades of service to the automotive industry and is always thankful for the trust dealers and ADAs have in LAW® F&I documents. A document overhaul in Virginia is the most recent example showcasing the importance of these strong ties.
The updated LAW Virginia Buyer’s Order, along with the new LAW Virginia Lease Order, became available on May 1. These documents are available in both print and electronic formats.
According to a recent VADA announcement, the updated Buyer’s Order has many benefits.
“The move is designed to provide greater protections for dealers, improve clarity for consumers, and address modern compliance standards.”
The announcement goes on to share a variety of key updates, including:
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Clearer structure: Organized sections group like items (e.g., taxes, fees, contracts) with additional space for writing line items – for example, two trade-in vehicles)
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“As-Is” language: A clearly visible box consolidates disclosures from both the front and back of the previous form.
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Spot Delivery and Arbitration: Spot delivery language is now codified and unified; supplemental delivery forms are no longer needed or recommended. The arbitration agreement is clearly stated, near the signature block, and matches standard provider requirements.
Dealers should note that the old Buyer’s Order will no longer be available after August 1, 2025.
Anyone with questions about the new Buyer’s Order, or any other documents within the Virginia LAW F&I Library®, shouldn’t hesitate to get in touch with LAW Compliance Consultant Cody Broadbent at cody_broadbent@reyrey.com. Make sure to also ask Cody about scheduling a free F&I Document Review. This service includes collecting your currently used F&I documents, providing a detailed assessment, and discussing ways to help reduce your compliance risk.