Motor Vehicle Online Dealers
When transferring a registration, all newly processed registrations will now be a full two-year term (except for Commercial registrations - they are one year).
For example: Your registration is expiring in March of 2016. It is now June of 2015 when the registration is being processed. The newly processed registration will expire in June of 2017.
The new system calculates the equity remaining on the customer’s registration (from June 2015 – March 2016), and charges the remaining amount for the full two-year registration.
Please see page 62 of the Dealer Online Manual
to see examples of how registration transactions are calculated.
Content Last Modified on 10/29/2015 2:06:03 PM