Addressing the Missing Chain of Sale for Repossessed Vehicles

If you find yourself facing issues with the missing chain of sale for a repossessed vehicle, it is essential to follow specific steps to rectify the situation. This guide outlines what documents are needed and how to submit them properly.

Required Documentation

To process the re-sale of a repossessed vehicle, ensure that you have the following necessary paperwork:

1. Original Title or Certificate of Ownership: This document is crucial as it transfers legal ownership from the previous owner to the new buyer.
2. Bill of Sale: The bill of sale acts as a written agreement between the seller (repossession agency) and the buyer, detailing terms and conditions related to the transaction.

Submitting Necessary Forms

The REG262 form must be provided when addressing any missing odometer disclosures not signed on retail sales documentation. Follow these steps for submission:

1. Create Your Submission Package:
• Add a cover sheet referencing both your Bundle # and VIN #.
• Please label this package "Attn Corrections."
2. Email Confirmation:
• You can also send an email summarizing these details, including your Bundle # and VIN #, while requesting assistance in managing this error.
3. SEND TO AUDIT TEAM:
; Ensure that all documents are sent promptly to avoid delays in processing.

Follow-Up Actions

If you do not receive confirmation regarding your submission within a reasonable timeframe, consider following up via email or phone call. Keeping communication lines open will help expedite resolution processes related to any discrepancies in ownership records.

Conclusion

Taking prompt action by gathering required documentation and submitting it correctly will assist in resolving issues concerning missing chains of sale efficiently. Always keep copies of submitted forms for your records!