wholesale dealer auctions must hold a valid dealer license

dealerplate

Wholesale auto auction dealers must report vehicle sales on a Vehicle Auction Wholesale Report of Sale (REG 398).

  • The REG 398 includes the phrase “sold through” and contains the:
    • name, address, and dealer number of the selling dealer;
    • name, address, and number of the dealer conducting the auction;
    • date of delivery and the actual odometer mileage reading at the time of delivery to that dealer; and
    • name, address, and dealer number of the dealer acquiring the vehicle.
  • The wholesale auto auction dealer must also complete the “Sold through Auction if Applicable” portion of the “dealer transactions only” section on the reverse side of the title.
    • If the title does not contain a specific space for the auto auction endorsement, the auction must complete one of the dealer sections on the title.
    • Endorsement in the margin of the title is not allowed.
    • If there is insufficient space in the dealer endorsement section, a Vehicle/Vessel Transfer and Reassignment form (REG 262) must be completed.

los angeles used car dealer license training

Los angeles dealer training

If you look at the list of DMV Certified Dealer Education providers

only ONE is an actual retail car dealer / broker

TriStar Motors LLC

gotplates.com

licensed to sell and broker cars since 1998

( Dealer / Broker License 35862 )

licensed to teach car dealer school since 1998

( Certified Instructor CCC0004 )

we are not pretending to be car dealers

we are licensed registration agents

( Registration Agent License 93711 )

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800-901-5950