Is there a certain time by which a dealer must transfer a trade-in vehicle from the dealership to an eligible disposal facility or salvage auction?
NO. The CARS regulation does not specify a date by which a dealer must transfer a trade-in vehicle 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 that they must submit the completed Disposal Facility or Salvage Auction Certification Form received at the time of transfer to disposal@cars.gov within 7 days.
Related Questions
- Is there a certain time by which a dealer must transfer a trade-in vehicle from the dealership to an eligible disposal facility or salvage auction?
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