Executive Summary
This VIRP section on Chapter 9 Wholesale Vehicle Transaction covers california licensed dealers and lessor-retailers must report sales of vehicles sold to other California dealers, out-of-state dealers, auto auctions,. Wholesale auto auctions must report wholesale vehicle sales on a Vehicle Auction Sale (REG 398) form. Part of Chapter 9 Wholesale Vehicle Transaction. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.
Key Takeaways
- California licensed dealers and lessor-retailers must report sales of vehicles sold to other California dealers, out-of-state dealers, auto auctions,….
- Wholesale auto auctions must report wholesale vehicle sales on a Vehicle Auction Sale (REG 398) form.
- A REG 396 is not required if the REG 398 is submitted.
- Sales by an auto auction to a retail buyer must be reported on a Report of Sale–Used Vehicle (REG 51).
- The REG 396 and the REG 398 are controlled forms and can only be obtained from the DMV Occupational Licensing Section.
Important Facts
- Manual section
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- Chapter
- Chapter 9 Wholesale Vehicle Transaction
- Manual text
- Verbatim DMV VIRP source below the overview