Virginia Dealer Manual - Virginia Department of Motor Vehicles

Virginia Dealer’s Manual
October 1, 2009
1.4.3 Credit Given on Exchange of Plate
At the time you go out of business, you can receive credit on a prorated time basis for any dealer plates
which you can exchange for private plates, provided the private plates will be issued in the same name
that the dealer plates were issued in. (This rule applies both to corporations and to individual owners.)
Exchange of dealer plates for private plates must be on a one-for-one basis.
In order to exchange your dealer plates, you must
a. return old dealer plates and registration cards
b. complete Form VSA-14, Application for Registration (to apply for private plates and registration)
c. pay appropriate fees and SUT
1.4.4 No Refund Given On the Exchange of Plates
You cannot receive a refund or any credit on dealer plates returned to DMV except those exchanged for
private plates.
1.4.5 Re-Establishing Your Dealership
If you decide to re-establish your dealership, you must apply for an original Dealer License Certificate as
if you were a newly organized dealership. (See Paragraph 1.2 DLR 105 for Information on how to apply
for an original Dealer License Certificate.)
1.4.6 Online Dealer Participants
If you are an Online Dealer participant you will need to notify your vendor and the DMV Online Dealer
Office Manager, by letter that you are out of business. The letter may be mailed to DMV Headquarters,
P. O. 27412, Richmond, VA 23269 or you may fax the letter to Online Dealer Office Manager at (804)
367-1490.
The Office Manager will verify with your online vendor so that a closing report can be completed.
1.5 DLR 120-HOW TO OBTAIN A SUPPLEMENTAL DEALER LICENSE CERTIFICATE
• Code of Virginia:§§ 46.2-1516, 46.2-1916, 46.2-1992.14 and 46.2-1993.14
1.5.1 Who Needs a Supplemental Dealer License Certificate
a. Franchised Motor Vehicle, Motorcycle, T&M, and Trailer Dealers
b. Independent Motor Vehicle, Motorcycle, T&M, and Trailer Dealers
c. Dealers who plan to operate a supplemental place of business, must first obtain a Supplemental
Dealer License Certificate. You may obtain a Supplemental Dealer License Certificate only if the
parent dealership or principal place of business, either holds or has applied for a valid dealer
license.
1.5.2 What Constitutes a “Supplemental” Place of Business
A supplemental place of business is any location where you conduct business which is
a. less than 500 yards from your principal place of business.
b. Any location that exceeds 500 yards is a separate principal place of business and must be licensed
as such.
- 14 - Virginia Department of Motor Vehicles