2017 GNYADA Membership Directory

HOT TOPICS

AVOID THE #1 DMV VIOLATION

The most commonly issued DMV violation is for failure to comply with the 5 Day Rule. Within five calendar days of delivery, dealers must submit completed paperwork, along with all fees, to the DMV. This is the case whether you’re selling a vehicle in-state or out-of-state. Failure to submit the paperwork on time is not only a violation, it risks letting the customer’s temporary registration expire before it’s replaced. Be aware that private bureaus who offer “runner” services are not official agents of the DMV. If you use such a service to deliver registration paperwork, the 5 Day “clock” is running until that service delivers the paperwork to a local DMV or county clerk’s office. The following documentation is required for a complete application: • MCO/MSO or Title (and MV-901 lien release, if applicable) • MV-50 (retail certificate of sale) • MV-82 (registration/title application) • Current Insurance Card (FS-20) • Proof of ID (NYS driver’s license or six points of ID) It’s important to note that selling a vehicle without all the necessary paperwork in-house is itself a violation, which can easily cause you to break the 5 Day Rule. This can result in costly fines, and maybe even impact your ability to issue license plates. , 718.747.0400, can assist dealers in processing paperwork.

MEMBERSHIP

DIRECTORY

2017

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