Executive Summary
California DMV VIRP section 5.055 (Repossessed Vehicles) covers the odometer mileage reading for a repossessed vehicle must be reported by the legal owner (lienholder) of record (repossessor) as follows: The lienholder. The word “REPO” is entered on line 1. Part of Odometer Mileage Reporting. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.
Key Takeaways
- The odometer mileage reading for a repossessed vehicle must be reported by the legal owner (lienholder) of record (repossessor) as follows: The lienholder….
- The word “REPO” is entered on line 1.
- The REG 119 is used to transfer title without the registered owner’s endorsement.
- If the title has a separate odometer disclosure section, the lienholder may complete and sign that section.
- If there is no separate odometer disclosure section, a Vehicle/Vessel Transfer and Reassignment Form (REG 262) must be completed for odometer disclosure.
Important Facts
- Manual section
- 5.055
- Chapter
- Odometer Mileage Reporting
- Manual text
- Verbatim DMV VIRP source below the overview