DMVdesk Ownership Transfer: Pricing Guidelines
When transferring ownership in DMVdesk for a used vehicle roll back, should the sales price be the new ROS price or reverted to the original ROS unwind amount?
Transferring Ownership in DMVdesk for a Used Vehicle Roll Back
When transferring ownership of a used vehicle through DMVdesk, it is essential to ensure that the sales price is accurately represented. This guide outlines the necessary steps and considerations involved in this process.
Determining the Sales Price
The sales price for the transfer should be set at the highest value between two amounts:
- New ROS Price: This refers to the current retail open sale price of the vehicle.
- Original ROS Unwind Amount: This is typically related to any previous transactions or valuations associated with the vehicle.
Selecting the higher amount ensures that you are reflecting an accurate value during the ownership transfer. This step is crucial as it impacts various aspects, including taxes and potential fees associated with registering your vehicle under new ownership.
If You Need Further Assistance
If you require additional clarification regarding tax implications or specific calculations related to your transaction, it is recommended that you contact CDTFA (California Department of Tax and Fee Administration) directly. They can provide detailed information tailored to your situation, ensuring compliance with all regulations and guidelines.
Contacting CDTFA
- Email: [Insert Email Address]
- Phone Number: [Insert Phone Number]
- You can also visit their website for more resources: [Insert Website URL]
The process of transferring ownership through DMVdesk requires careful attention to detail, particularly when determining sales prices. By following these guidelines, you will help facilitate a smooth transaction while adhering to regulatory requirements. For any uncertainties or questions about taxes or calculations, do not hesitate to reach out directly to CDTFA for expert assistance.