News

Great news for Florida consumers and dealers! Senate Bill 156 containing a $400 million registration fee reduction has passed and was signed into law on April 2 by Governor Scott. The fee reductions will take effect on September 1, 2014. ADD’s Florida Fee Calculator will be updated with the new fee structure for September 1st.

This past weekend, Michigan successfully loaded its title and brand data into the National Motor Vehicle Title Information System (NMVTIS) database, bringing the percentage of US vehicles represented in the NMVTIS system to 96%. For ADD customers, this means that title data provided by the Michigan DMV will now be available as a part of the NMVTIS Vehicle History Reports with lien and national theft data.

In May, the recycling industry saw a new National Motor Vehicle Title Information System (NMVTIS) reporting enforcement effort from the Department of Justice. Unlike previous enforcement efforts that identified businesses that may have been under-reporting, the newest push is focusing on businesses that have not been reporting at all. In early May, DOJ contacted Alabama businesses who registered for and received NMVTIS identification numbers, but had not reported any records.

ADD has put together a comprehensive list of their most frequently asked questions about NMVTIS salvage reporting and compliance. ** I report salvage/derelict vehicles to my state. Does this cover my federal NMVTIS reporting obligations?** All businesses that buy, sell, or control junk, salvage and total loss vehicles must report to NMVTIS independent of state reporting.

HB 7005, a bill that reinstates a notice to surrender and surrender stop process in Florida has passed the House and is awaiting Governor Scott’s signature. The new requirements include a process for a customer to dispute the stop being placed by the lienholder. Florida dealers and lenders may recall that lienholders in Florida once had the ability to place a stop on the Florida Real-Time Vehicle Information System (FRVIS) record of a customer who had not made loan payments and was concealing or refusing to return a vehicle with a recorded lien.

Required ADD Password Change Recently, a major online security vulnerability nicknamed “Heartbleed” was discovered. This security bug could allow unauthorized parties to access personal information transmitted between computers, and is estimated to affect almost 2/3 of the websites on the internet. When you log into a secure website (ADD, your bank website, or Facebook), the information shared between you and the website is “private”, meaning that only the website server and your computer see the data transmitted back and forth.

Auto Data Direct, Inc., (ADD) is pleased to announce its partnership with the National Independent Automobile Dealers Association (NIADA) to offer NIADA members access to services they can use to protect their assets and enhance their profitability. ADD’s special member benefits can improve dealership efficiency and help ensure a healthy bottom line when it comes to purchasing used vehicle inventory or taking a vehicle in on trade.

No matter what industry you’re in, if your business qualifies for access to ADD’s real-time motor vehicle inquiries*, DMV123’s 31-state availability can be an incredible time-saver. Think about it – you can get the owner and lienholder records you need without ever leaving your office. No phone calls to DMV offices around the country; no time lost waiting on a fax that may or may not come.

ADD offers customers three options to finalize their ELT process electronically through their ELT portal. Feel free to print this guide to keep on hand as a quick reference when you process your ELT transactions. Click the image below to open the printable PDF.

Did you know…. ….that the letters “I/i”, “O/o” and “Q/q” never appear in a VIN? If you think you see an “O/o” or “Q/q”, it is a “zero” and if you think there is an “I/i”, it is a “one” or a lower case “L”. … that your NMVTIS Record Manifest allows for you to view and edit every VIN that you’ve reported to NMVTIS through your full-service ADD account?