What is a rollback?
What is a rollback?
A rollback vehicle is a vehicle that was sold to a customer, touches CA highways, and then returned to the dealer resulting in an incomplete sale. The DMV considers not only this, but also any deal where the original contract is rewritten to include a second buyer, a co-signer, an additional party, or a new purchaser, as a rollback.
In the case of rollback vehicles, it is important to note the following:
- All license and registration fees are due to the DMV based on the first date of sale.
- Fees should be posted by the typical DMV deadlines (within 20 days for new vehicles and within 30 days for used vehicles).
- If the vehicle is sold and unwound multiple times, fees must be posted each time and ALL original paperwork for ALL buyers must be included in the final registration transaction.
You can refer to Chapter 6 https://www.dmv.ca.gov/portal/handbook/vehicle-industry-registration-procedures-manual-2/new-vehicles-sold-by-california-dealers/new-vehicle-sales-by-a-california-dealer/