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Chapter 9 Wholesale Vehicle Transaction

Chapter 9 Wholesale Vehicle Transaction

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
Chapter
Chapter 9 Wholesale Vehicle Transaction
Manual text
Verbatim DMV VIRP source below the overview