CA DMV
VIRP Manual
Executive Summary
California DMV VIRP section 9.025 (New Vehicle Wholesale) covers a franchised new vehicle dealer may wholesale a new vehicle to another franchised dealer. The fees are based on the first retail buyer’s purchase price. 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
- A franchised new vehicle dealer may wholesale a new vehicle to another franchised dealer.
- The fees are based on the first retail buyer’s purchase price.
- A dealer cannot advertise for sale, sell, or purchase for resale, any new vehicle of a line-make for which the dealer does not hold a franchise.
- (VC §11713.1) If a broker obtains a new vehicle from a franchised dealer and the vehicle is subsequently sold through a non-franchised dealer to a retail….
- A Registration of New Vehicle (REG 397) form is not completed.
Important Facts
- Manual section
- 9.025
- Chapter
- Chapter 9 Wholesale Vehicle Transaction
- Manual text
- Verbatim DMV VIRP source below the overview