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VIRP 5.060: Rollbacks and Unwinds

Odometer Mileage Reporting

Executive Summary

California DMV VIRP section 5.060 (Rollbacks and Unwinds) covers a rollback is a transfer of ownership from the buyer back to the dealer. An unwind is when the retail customer (buyer) does not take possession of the vehicle and the vehicle does not leave the dealership, so the transaction is…. Part of Odometer Mileage Reporting. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.

Key Takeaways

  • A rollback is a transfer of ownership from the buyer back to the dealer.
  • An unwind is when the retail customer (buyer) does not take possession of the vehicle and the vehicle does not leave the dealership, so the transaction is….
  • The odometer mileage disclosure for rollbacks and unwinds may be disclosed using a Vehicle/Vessel Transfer and Reassignment Form (REG 262).
  • When a rollback occurs and acknowledgement of the odometer mileage cannot be obtained from the first retail customer, accept a Statement of Facts (REG 256)….

Important Facts

Manual section
5.060
Chapter
Odometer Mileage Reporting
Manual text
Verbatim DMV VIRP source below the overview