Is there a certain time by which a dealer must transfer a CARS trade in from the dealership to an eligible disposal facility or salvage auction?
NO. The CARS regulation does not mandate a date by which a dealer must transfer a CARS trade-in from the dealership to the disposal entity. NHTSA notes, however, that dealers are obliged to disable the engine of CARS trade-in vehicles within 7 calendar days of receipt of payment by the Government. Additionally, when the dealer does transfer the disabled CARS trade-in vehicle, NHTSA reminds dealers the dealers must submit the completed Disposal Facility or Salvage Auction Certification Form to disposal@cars.gov within 7 days.
Related Questions
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