Responsibilities of Online Dealer Participants
Vendor:
- Training of dealer personnel
- Acting as the liaison between the dealer and DMV
- Performing the daily deposit of funds into DMV’s account
- Handling the daily reconciliation and summary reports
- Managing the inventory of license plates and decals
- Ensuring that the dealer complies with DMV’s procedures
Dealer:
- Submitting the electronic application transaction for titles and registrations
- Printing registration cards
- Forwarding daily reports and ownership documents directly to DMV
- Transactions must be processed to the vendor's system within 30 days of the sale.
- Dealers licensed by DMV, but not those licensed by the Motor Vehicle Dealer Board (MVDB), will receive 0.75% of fees and taxes collected for DMV, from DMV, as a commission.
- Dealers licensed by the MVDB are required to pass the costs that the vendor charges for the transaction to the customer.
