Virginia Dealer Manual - Virginia Department of Motor Vehicles

Virginia Dealer Manual - Virginia Department of Motor Vehicles Virginia Dealer Manual - Virginia Department of Motor Vehicles

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Virginia Dealer’s Manual October 1, 2009 7.2.9 How to Complete the Temporary License Plates..........................................- 76 - 7.2.10 Presenting the Temporary Plates to Your Customer...................................- 77 - 7.3 DLR 710-ISSUING A TEMPORARY REGISTRATION RECEIPT ................- 77 - 7.3.1 What is a Temporary Registration Receipt (VSA-27) ..................................- 77 - 7.3.2 How to Maintain a Supply & Account for the Use of Temporary Registration Receipts ........................................................................................................- 77 - 7.3.3 When to Issue a Temporary Registration Receipt.........................................- 78 - 7.3.4 Provisions & Restrictions Concerning Temporary Registration Receipts....- 78 - 7.3.5 How to Issue Temporary Registration Receipts............................................- 79 - 7.3.6 Dealer Responsibility for Uninsured Motor Vehicle Fee .............................- 80 - 7.4 DLR 715-WHAT TO DO IF A SALES CONTRACT IS CANCELLED ..........- 80 - 7.4.1 Cancellation After Customer Takes Possession of Vehicle..........................- 80 - 7.4.1.1 Requirements Concerning DMV Fees & Forms For DMV Licensed Dealers.....- 80 - 7.4.1.2 How Your Customer May Get a Refund of DMV Fees.............................- 80 - 7.4.1.3 Requirements Concerning DMV Fees & Forms For MVDB Licensed Dealer ...- 81 - 7.4.2 Cancellation Before Customer Takes Possession of Vehicle .......................- 81 - 7.4.2.1 Requirements Concerning DMV Fees & Forms........................................- 81 - 7.4.2.2 If You Assigned a Manufacturer’s Statement or Certificate of Origin......- 82 - 7.5 DLR 720-VIRGINIA ODOMETER LAWS .......................................................- 82 - 7.5.1 Odometer Reading Must be Reported on Certificate of Title .......................- 82 - 7.5.2 Penalty...........................................................................................................- 82 - 7.5.3 Tampering with an Odometer is Prohibited ..................................................- 82 - 7.5.3.1 Exceptions..................................................................................................- 83 - 7.5.3.2 Penalty........................................................................................................- 83 - 7.5.4 If You Suspect a Violation of the Odometer Laws .......................................- 83 - 7.6 DLR 725-REQUIREMENTS CONCERNING MANUFACTURER’S STATEMENT OR CERTIFICATE OF ORIGIN ..............................................- 84 - 7.6.1 If a Franchised Dealer Sells a New Vehicle to Another Dealer....................- 84 - 7.6.2 Exception.......................................................................................................- 84 - 7.6.3 Two-Stage Manufactured Vehicles...............................................................- 84 - x Virginia Department of Motor Vehicles

Virginia Dealer’s Manual October 1, 2009 7.7 DLR 730-REQUIREMENTS CONCERNING NEW MOTOR VEHICLE DAMAGE ..........................................................................................................- 84 - 7.7.1 When a Franchised Dealer Receives a New Motor Vehicle from the Manufacturer/Distributor with Damage, or with Damage to a New Motor Vehicle that Occurs Following Delivery of the Vehicle to the Dealer. .......- 84 - 7.7.2 Exceptions .....................................................................................................- 84 - 7.7.3 Franchised Dealer..........................................................................................- 84 - 7.8 DLR 735-RETENTION OF DEALER RECORDS ............................................- 85 - 7.8.1 DEALER, DEALER/OPERATOR ...............................................................- 85 - 7.8.1.1 Dealer Certificate/License to Operate........................................................- 85 - 7.8.1.2 Employment/Personnel ..............................................................................- 85 - 7.8.1.3 Vehicle Inventory.......................................................................................- 86 - 7.8.1.4 Collection/Fees...........................................................................................- 86 - 7.8.1.5 Odometer Disclosure..................................................................................- 86 - 7.8.1.6 Temporary License Plates ..........................................................................- 87 - 7.8.1.7 Metal Plates................................................................................................- 87 - 7.8.1.8 DSD-27 (Five-day Permission Slip) “Permission to Use Dealer’s License Plates”...........................................................................................................- 87 - 7.8.1.9 Promotional License Plate..........................................................................- 87 - 7.8.1.10 Dealer Advertisement...............................................................................- 87 - 7.8.1.11 Law Enforcement .....................................................................................- 87 - 7.8.1.12 Record of Dealer’s Vehicle Inventory .....................................................- 88 - 7.8.1.13 Consignment Vehicles .............................................................................- 88 - 7.9 GUIDELINES FOR MVDB DEALERS WHO WISH TO STORE RECORDS OFF-SITE...........................................................................................................- 88 - CHAPTER 8: MOTOR VEHICLE TRANSACTION RECOVERY FUND ........- 90 - 8.1 DLR 800-MOTOR VEHICLE TRANSACTION RECOVERY FUND (MVTRF) - 90 - 8.1.1 Motor Vehicle Transaction Recovery Fund established, § 46.2-1527.1.......- 90 - 8.1.2 Bonding Requirements for Applicants for an Original License, § 46.2-1527.2 - 91 - 8.1.3 Recovery from the Fund, Generally, § 46.2-1527.3 .....................................- 92 - 8.1.4 Opportunity to Intervene, § 46.2-1527.4.......................................................- 92 - xi Virginia Department of Motor Vehicles

<strong>Virginia</strong> <strong>Dealer</strong>’s <strong>Manual</strong><br />

October 1, 2009<br />

7.7 DLR 730-REQUIREMENTS CONCERNING NEW MOTOR VEHICLE<br />

DAMAGE ..........................................................................................................- 84 -<br />

7.7.1 When a Franchised <strong>Dealer</strong> Receives a New <strong>Motor</strong> Vehicle from the<br />

Manufacturer/Distributor with Damage, or with Damage to a New <strong>Motor</strong><br />

Vehicle that Occurs Following Delivery <strong>of</strong> the Vehicle to the <strong>Dealer</strong>. .......- 84 -<br />

7.7.2 Exceptions .....................................................................................................- 84 -<br />

7.7.3 Franchised <strong>Dealer</strong>..........................................................................................- 84 -<br />

7.8 DLR 735-RETENTION OF DEALER RECORDS ............................................- 85 -<br />

7.8.1 DEALER, DEALER/OPERATOR ...............................................................- 85 -<br />

7.8.1.1 <strong>Dealer</strong> Certificate/License to Operate........................................................- 85 -<br />

7.8.1.2 Employment/Personnel ..............................................................................- 85 -<br />

7.8.1.3 Vehicle Inventory.......................................................................................- 86 -<br />

7.8.1.4 Collection/Fees...........................................................................................- 86 -<br />

7.8.1.5 Odometer Disclosure..................................................................................- 86 -<br />

7.8.1.6 Temporary License Plates ..........................................................................- 87 -<br />

7.8.1.7 Metal Plates................................................................................................- 87 -<br />

7.8.1.8 DSD-27 (Five-day Permission Slip) “Permission to Use <strong>Dealer</strong>’s License<br />

Plates”...........................................................................................................- 87 -<br />

7.8.1.9 Promotional License Plate..........................................................................- 87 -<br />

7.8.1.10 <strong>Dealer</strong> Advertisement...............................................................................- 87 -<br />

7.8.1.11 Law Enforcement .....................................................................................- 87 -<br />

7.8.1.12 Record <strong>of</strong> <strong>Dealer</strong>’s Vehicle Inventory .....................................................- 88 -<br />

7.8.1.13 Consignment <strong>Vehicles</strong> .............................................................................- 88 -<br />

7.9 GUIDELINES FOR MVDB DEALERS WHO WISH TO STORE RECORDS<br />

OFF-SITE...........................................................................................................- 88 -<br />

CHAPTER 8: MOTOR VEHICLE TRANSACTION RECOVERY FUND ........- 90 -<br />

8.1 DLR 800-MOTOR VEHICLE TRANSACTION RECOVERY FUND (MVTRF) - 90 -<br />

8.1.1 <strong>Motor</strong> Vehicle Transaction Recovery Fund established, § 46.2-1527.1.......- 90 -<br />

8.1.2 Bonding Requirements for Applicants for an Original License, § 46.2-1527.2 - 91 -<br />

8.1.3 Recovery from the Fund, Generally, § 46.2-1527.3 .....................................- 92 -<br />

8.1.4 Opportunity to Intervene, § 46.2-1527.4.......................................................- 92 -<br />

xi<br />

<strong>Virginia</strong> <strong>Department</strong> <strong>of</strong> <strong>Motor</strong> <strong>Vehicles</strong>

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