How to Register a Loaner Vehicle

Registering a loaner vehicle involves specific steps and documentation. This guide will help you navigate the process efficiently.

Step 1: Obtain a Report of Sale

The first step in registering a loaner vehicle is to ensure that a Report of Sale (RS) has been issued for the vehicle. This document serves as proof of sale and is essential for registration.

Step 2: E-file with the DMV

If you generate a new RS, it must be e-filed with your local Department of Motor Vehicles (DMV), just like any other new vehicle registration. Make sure to follow these guidelines:

• Gather Documentation: Collect all necessary documents required by your DMV.
• Follow Local Procedures: Each DMV may have different requirements; check their website or contact them directly for specifics on registering loaner vehicles.

Edit Finance Reports if Necessary

If there are discrepancies in finance reports, such as those related to sale dates, adjustments can be made easily:

A. Updating Dates

• Date of Sale: Ensure this date reflects when the sale occurred—update it to 08/25/2024.
• Date First Operated: Set this date correctly; it should read 09/01/2024.

B. Making Adjustments on Registration Statements (RS)

If you need to correct entries on an RS, do not create an entirely new document. Instead, cross out any incorrect information clearly and write in the correct details next to it. This method helps maintain clarity and ensures that all records align properly without unnecessary paperwork.