General information for dealers and transporters
Important: Beginning Summer 2018, there will be new rules regarding dealer record keeping.
The best source of information is the NY State Dealers & Transporters Regulations (PDF) (CR-78).
Selling a retail vehicle “as is”
Some exceptions allow you to use a Salvage Certificate (MV-907A) to sell a vehicle as "junk". The DMV cannot issue a title certificate or a registration to a junk vehicle or a salvage vehicle that is rebuilt unless the vehicle passes a salvage vehicle examination. If a title certificate is issued it will receive a brand that displays "REBUILT SALVAGE:NY".
Selling price on Retail Certificates of Sale (MV-50) if I sell a vehicle wholesale
The selling price is not required on form MV-50 when a vehicle is sold wholesale.
Inspection required out-of-state customer
A New York State inspection is not required for a vehicle registered in another state.
Warranty on a vehicle that has at least 110,000 miles was sold to a retail customer for $1,295
These terms refer to the warranties described by the Office of the Attorney General (website: www.ag.ny.gov) in the 'Lemon Law'. The Vehicle and Traffic Law requires a dealer to complete the Used Vehicle Certification on form MV-50. The law applies to all vehicles sold at any selling price and which display any odometer reading. The vehicle must be acceptable for use on the road at the time of sale.
Temporary registration expiring soon
If you cannot get the title certificate for a vehicle you sold and the temporary registration expires soon, you cannot get another temporary registration. According to the DMV Commissioner's Regulations, you cannot sell a vehicle if you do not have proof of ownership. You cannot issue an additional temporary registration under any circumstances.
To get a surety bond, you must contact a surety insurance company. Make sure that the business name and mailing address on the bond exactly match the business name and mailing address on your DMV facility license. Make sure that you write your Facility Number on the bond.
Bond amount required from a dealer
The bond amount depends on the number of vehicles the dealer sold in the previous calendar year, or if the dealer is licensed as a franchised new dealer. Refer to the chart below
|# of vehicles sold in previous calendar year||Bond amount|
|50 or fewer||$20,000|
|More than 50||$100,000|
|Franchised dealers selling cars, SUVs, light trucks, etc.|
* Dealers selling only trailers, motorcycles, vehicles over 10,000 pounds, ATVs, boats, snowmobiles are exempt from the bond requirements.