Quote:
Originally Posted by bossku69
smart places make you prove you have had the car for over a year. some idiot was just bitching on the news about how they wouldnt take his car... he went to a junk yard and bought one for $500 and tried to pass it off as having it for a year
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The CARS (Car Allowance Rebate System) form the dealer uses for each sale requires the dealer to verify ownership for not less than the previous 12 months.
Part of the Dealer sale transaction form reads,
# I have verified that the trade-in vehicle is in drivable condition, and I or an employee
under my direction or supervision has operated the trade-in vehicle to confirm that the
trade-in vehicle is in drivable condition.
# I have verified that the trade-in vehicle has been continuously insured for a period of not less than one (1) year prior to the date of this transaction (not applicable to trade-in vehicles registered in New Hampshire or Wisconsin).
# I have verified that the Purchaser has been the registered owner of the trade-in vehicle continuously for a period of not less than one (1) year prior to the date of this transaction.
All of the CARS info, forms, rules, etc are made
available for dealers and consumers online at:
http://www.cars.gov