News

August 31, 2010

CARS Program: Report All Clunkers Twice

for nmvtis, Salvage, Salvage/Junk Yards, Shredders, Wreckers and Wreckers

CARS program administrators have indicated that each Cash for Clunkers vehicle should be reported twice , once as SCRAP and once as CRUSH, even if the vehicle was crushed the day it was received. If a vehicle was reported only once with a disposition of CRUSH, a SCRAP report should be made retroactively.

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July 1, 2010

Florida Legislative Update

for Auto Dealers, Financial, Insurance, Mechanic / Body Shop, Private Investigators, Repossession Agency and Wreckers

NEW LAW AFFECTS FEES CHARGED BY THE FLORIDA DHSMV ON MOTOR VEHICLE INQUIRIES For many years, Florida tax collectors have had the ability to provide a motor vehicle record to qualified entities without collecting a statutorily mandated $0.50 fee (FS 320.05). Businesses, including Auto Data Direct and its customers, have benefited from this because several tax collectors have opted not to collect the $0.

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July 1, 2010

Florida’s new temporary metal plate transfer system adds some new features that will benefit dealers, including the ability to void a transfer and restore a previous registration, under certain circumstances. When determining if a temporary metal plate transfer is necessary, the first thing to consider is the number of days left on the registration.

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July 1, 2010

In mid-July 2010, all Florida auto dealers will be required by law1 to electronically report the transfer of a metal license plate as it is being moved from one vehicle to another. The electronic report will create a temporary registration in the Florida Department of Highway Safety and Motor Vehicles (DHSMV) database, and should be completed prior to a customer driving off the lot.

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June 30, 2010

New Vehicle Storage Facility (VSF) Release Form Now Required The Texas Department of Licensing and Regulation has revised and combined what were previously five separate forms into a single VSF release form, the VSF011-1. The new form replaces the Affidavit of Right of Possession (VSF009), the Notice of Right of Possession for Salvage or Repair (VSF 006), Specific Power of Attorney (VSF007), the Proof of Loss Claim Form (VSF008) and Appointment of Authorized Representative for Inspection of Motor Vehicle (VSF 005).

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June 28, 2010

On average, 42 million used cars are sold in the United States every year, and today’s used car buyers are turning to the internet to research potential purchases. With the help of the recently launched National Motor Vehicle Title Information System (NMVTIS), consumers have more information at their fingertips than ever before.

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June 23, 2010

In 2008, more than 5.2 million citations were issued to Florida’s 14 million licensed drivers. That averages out to a citation apiece for around 37% of the population. For business owners, especially businesses that require employees to drive as a part of their job, a driver license history can give owners peace of mind before handing over the keys to a company vehicle.

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June 3, 2010

ADD Announces NMVTIS Basic Service

for Insurance, Mechanic / Body Shop, Private Investigators, Salvage and Wreckers

For Immediate Release Auto Data Direct, Inc. (ADD) today announced that it will begin providing a free motor vehicle reporting option to the National Motor Vehicle Title Information System (NMVTIS) for the auto recycling and insurance industries. The free service will allow users to satisfy federal reporting requirements by uploading junk, salvage and total loss vehicle data to the national database.

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May 13, 2010

Effective July 1, 2010, all Florida auto dealers will be required* by law to electronically report a Temporary Transfer of a Metal License Plate on a metal plate that is being _moved_ from one vehicle to another prior to a customer driving off the lot. Dealers who have been issuing a temporary tag rather than transferring the metal plate will now be able to electronically report the Temporary Transfer of a Metal Plate directly to the Florida Department of Highway Safety and Motor Vehicles (DHSMV), and move the metal plate to the purchased vehicle.

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May 12, 2010

Last summer, Americans traded in over 675,000 vehicles as part of the CARS Program, or Cash for Clunkers, as it became popularly known. The federal stimulus program lured buyers into dealerships nationwide, but it was after the much-publicized program officially ended that the real work began for the automotive recycling industry.

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