The “Statement of Facts Dealer (REG 477)” is a form issued by the California Department of Motor Vehicles (DMV). This form is designed for use by licensed vehicle dealers in California to report certain types of information to the DMV as required by law or regulation.
What Is This Form For?
The “Statement of Facts Dealer” form is used by dealers to make declarations or report specific information about the vehicles they sell or manage. This could include details about the vehicle's condition, history, any changes in its features or specifications, and any other relevant facts that need to be officially recorded by the DMV.
Why Is It Needed?
This form is needed to ensure transparency and legality in vehicle transactions handled by dealers. It helps in the accurate recording of a vehicle's status and history, which is crucial for regulatory compliance, taxation, and for protecting the rights and interests of buyers.
Who Should Use It?
The intended audience for this form is licensed vehicle dealers in California. These are businesses or individuals authorized by the state to buy, sell, or deal in vehicles.
How Should The Form Be Filled Out?
To fill out the form, dealers should provide accurate and comprehensive information in each section as requested. This typically includes:
- Dealer information: Name, license number, and contact details.
- Vehicle information: Make, model, year, VIN (Vehicle Identification Number), and other specifics as required.
- Declaration or statement of facts: Detailed information regarding the declaration the dealer needs to make, such as mileage declarations, lien holder information, emissions certifications, or any exemptions that apply.
What Are The Key Pieces Of Information That The Form Requires?
- Dealer's full legal name and address
- Dealer's license number
- Detailed vehicle identification information (make, model, year, VIN)
- Specific facts or statements being declared about the vehicle
When Should It Be Submitted?
Submission times may vary based on the specific transaction or declaration being made. There are no universal deadlines, but dealers are typically required to submit this form at the time of the relevant transaction or when the information needs to be updated or corrected in the DMV records.
Where And How Should The Form Be Submitted?
The form can be submitted in several ways, depending on the DMV's current processes. Common methods include:
- By mail: Send the completed form to the address specified by the California DMV.
- In person: Deliver the form to a DMV office.
- Online submission may be available for certain transactions or through specific portals designed for dealers.
How Much Does It Cost To Submit Or File The Form?
The cost to submit or file the form can vary. Some declarations or submissions may not require a fee, while others might be part of transactions with associated costs (e.g., vehicle registration and title transfer fees).