Any motor vehicle dealer offering a vehicle for sale on consignment shallhave in his possession a consignment contract for the vehicle, executed andsigned by the dealer and the consignor. The consignment contract shallinclude:
1. The complete name, address, and the telephone number of the owners.
2. The name, address, and dealer certificate number of the selling dealer.
3. A complete description of the vehicle on consignment, including the make,model year, vehicle identification number, and body style.
4. The beginning and termination dates of the contract.
5. The percentage of commission, the amount of the commission, or the netamount the owner is to receive, if the vehicle is sold.
6. Any fees for which the owner is responsible.
7. A disclosure of all unsatisfied liens on the vehicle and the location ofthe certificate of title to the vehicle.
8. A requirement that the motor vehicle pass a safety inspection prior tosale.
If any motor vehicle on consignment from a certified nonprofit organizationis found not to be in compliance with any safety inspection requirement, thedealer shall furnish any buyer intending to use that vehicle on the publichighways a written disclosure, prior to sale, that the vehicle did not pass asafety inspection.
Any dealer offering a vehicle for sale on consignment shall inform anyprospective customer that the vehicle is on consignment.
Dealer license plates shall not be used to demonstrate a vehicle onconsignment except on (i) motor vehicles with gross vehicle weight of 15,000pounds or more, (ii) vehicles on consignment from another licensed motorvehicle dealer, and (iii) vehicles on consignment from a nonprofitorganization certified pursuant to subsection B of § 46.2-1508.1. The owner'slicense plates may be used if liability insurance coverage is in effect inthe amounts prescribed by § 46.2-472.
(1988, c. 865, § 46.1-547.6; 1989, cc. 187, 727; 1993, c. 289; 2000, c. 180.)
Any motor vehicle dealer offering a vehicle for sale on consignment shallhave in his possession a consignment contract for the vehicle, executed andsigned by the dealer and the consignor. The consignment contract shallinclude:
1. The complete name, address, and the telephone number of the owners.
2. The name, address, and dealer certificate number of the selling dealer.
3. A complete description of the vehicle on consignment, including the make,model year, vehicle identification number, and body style.
4. The beginning and termination dates of the contract.
5. The percentage of commission, the amount of the commission, or the netamount the owner is to receive, if the vehicle is sold.
6. Any fees for which the owner is responsible.
7. A disclosure of all unsatisfied liens on the vehicle and the location ofthe certificate of title to the vehicle.
8. A requirement that the motor vehicle pass a safety inspection prior tosale.
If any motor vehicle on consignment from a certified nonprofit organizationis found not to be in compliance with any safety inspection requirement, thedealer shall furnish any buyer intending to use that vehicle on the publichighways a written disclosure, prior to sale, that the vehicle did not pass asafety inspection.
Any dealer offering a vehicle for sale on consignment shall inform anyprospective customer that the vehicle is on consignment.
Dealer license plates shall not be used to demonstrate a vehicle onconsignment except on (i) motor vehicles with gross vehicle weight of 15,000pounds or more, (ii) vehicles on consignment from another licensed motorvehicle dealer, and (iii) vehicles on consignment from a nonprofitorganization certified pursuant to subsection B of § 46.2-1508.1. The owner'slicense plates may be used if liability insurance coverage is in effect inthe amounts prescribed by § 46.2-472.
(1988, c. 865, § 46.1-547.6; 1989, cc. 187, 727; 1993, c. 289; 2000, c. 180.)
Any motor vehicle dealer offering a vehicle for sale on consignment shallhave in his possession a consignment contract for the vehicle, executed andsigned by the dealer and the consignor. The consignment contract shallinclude:
1. The complete name, address, and the telephone number of the owners.
2. The name, address, and dealer certificate number of the selling dealer.
3. A complete description of the vehicle on consignment, including the make,model year, vehicle identification number, and body style.
4. The beginning and termination dates of the contract.
5. The percentage of commission, the amount of the commission, or the netamount the owner is to receive, if the vehicle is sold.
6. Any fees for which the owner is responsible.
7. A disclosure of all unsatisfied liens on the vehicle and the location ofthe certificate of title to the vehicle.
8. A requirement that the motor vehicle pass a safety inspection prior tosale.
If any motor vehicle on consignment from a certified nonprofit organizationis found not to be in compliance with any safety inspection requirement, thedealer shall furnish any buyer intending to use that vehicle on the publichighways a written disclosure, prior to sale, that the vehicle did not pass asafety inspection.
Any dealer offering a vehicle for sale on consignment shall inform anyprospective customer that the vehicle is on consignment.
Dealer license plates shall not be used to demonstrate a vehicle onconsignment except on (i) motor vehicles with gross vehicle weight of 15,000pounds or more, (ii) vehicles on consignment from another licensed motorvehicle dealer, and (iii) vehicles on consignment from a nonprofitorganization certified pursuant to subsection B of § 46.2-1508.1. The owner'slicense plates may be used if liability insurance coverage is in effect inthe amounts prescribed by § 46.2-472.
(1988, c. 865, § 46.1-547.6; 1989, cc. 187, 727; 1993, c. 289; 2000, c. 180.)
