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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) The salvage auction must:
(1) Within 3 days after the date the dealer consigns the vehicle or prior to auctioning the vehicle, whichever is earlier, report the status of the vehicle to NMVTIS;
(2) Limit participation in the auction to disposal facilities that, when the auction is held:
(i) Appear on the list identified in § 599.201(a)(2) or are described in § 599.201(a)(3); and
(ii) Agree to make the certifications in the Salvage Auction Certification Form (Appendix F to this part).
(3) As a condition of transferring title to the disposal facility, obtain from that facility the signed Disposal Facility Certification Form (Appendix E to this part), insert on the top of the form the appropriate CARS invoice number received from the dealer, if known, and provide the form to NHTSA at disposal@cars.gov, and include that invoice number in the e-mail subject line.
(b) [Reserved]
Cite this article: FindLaw.com - Code of Federal Regulations Title 49. Transportation § 49.599.402 Requirements and limitations for salvage auctions that are consigned trade-in vehicles under the CARS program - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-49-transportation/cfr-sect-49-599-402/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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