Guide to Clearing Prior Rollback Items in RDF

Clearing a prior rollback item in the RDF (Record of Dealership Financing) back to the DMV (Department of Motor Vehicles) requires careful assessment and adherence to specific procedures. This article outlines essential steps and considerations for successfully managing rollback items.

Assessing the Deal

The first step is to evaluate the deal associated with the rollback item. If there is an RDF on a trade-in, you have options:

• Selecting the prior RDF.
• Processing it as a resubmit.

Date Considerations

Be cautious about entering dates when dealing with rollbacks. You cannot submit a date that predates your sale date, especially if it has since expired. Doing so could result in penalties, even if they are not immediately due.

Navigating Multiple Transfers

If you're handling two transfers simultaneously, this process tends to be more straightforward and may qualify for e-filing. In some cases, leaving the date posted blank during submission can help; if no fees or penalties apply, you should be able to clear it without issues.

Addressing Fees and Penalties

If unexpected fees appear during your submission that shouldn't apply, it's necessary to send in your paperwork instead of attempting online clearance.

Seeking Guidance

If you encounter uncertainties while navigating these processes again, do not hesitate to reach out for assistance. Consulting knowledgeable resources can provide clarity on how best to proceed with clearing rollback items effectively.

DVM Desk Procedures

Please note that clearing a rollback item directly at the DMV desk is generally not feasible. These items require specific processing steps which include:

• Submitting necessary documentation from the previous dealer.
• Possibly reclassifying transactions as used resubmits where applicable.

Your Local DMV's Protocols

To ensure compliance with all requirements regarding rollback items, always check with your local DMV office for their specific procedures before proceeding further.