When did Virginia start regulating used car dealers?
In 1995, Virginia’s General Assembly adopted legislation to shift the regulation and oversight of new and used car and truck dealers to a professional body. Thus the Motor Vehicle Dealer Board (MVDB) was born.
How to become a car dealer in Virginia?
Advertising : Dealer advertising guidelines. If you are interested in becoming a car or truck dealer or salesperson, you can contact the MVDB with further questions: Tel: (804) 367-1100; fax: (804) 367-1053 If you want to become a motorcycle, trailer, or RV dealer or salesperson, you can contact the DMV with questions:
Can a car dealer renew their license through the mvdb?
If you sell cars or trucks and one of the other types of vehicles, you can renew your license through the MVDB as a convenience. You do not need to deal with both agencies to do this.
Can a car dealer sell you a car that was in an accident?
These cars are a prime target for car dealerships that want to increase their profit margins. By acquiring damaged and repaired used vehicles that have only been in an accident recently, used car dealers can sell you a car that has been in an accident without disclosing it to you.
What to do when buying a new car in Virginia?
3. Ensure that the vehicle is properly titled (The vehicle may be subject to Motor Vehicle Sales and Use Tax when titled.) If you are buying a new vehicle from a dealer, the dealer may process the proper title work and submit paperwork to DMV for processing.
What is the sales tax on a car in Virginia?
Virginia Motor Vehicle Sales and Use Tax . The Virginia Department of Motor Vehicles states that there is a 4 percent sales tax rate for any vehicle that you purchase within state lines, with the
How to transfer ownership of a car in Virginia?
To officially transfer ownership of a vehicle and legally drive it in Virginia, you must transfer the title and register the vehicle. You must have car insurance for the vehicle. It must have a valid safety inspection sticker. The car may also need to pass an emissions inspection depending on where you live.
What happens when you buy a car from a dealer?
(The vehicle may be subject to Motor Vehicle Sales and Use Taxwhen titled.) If you are buying a new vehicle from a dealer, the dealer may process the proper title work and submit paperwork to DMV for processing.