Motor Vehicle Resale Certificate – Documentation Required

# (1)

(1) *Definition.*For the purposes of this rule, "new vehicle" has the definition given to it in 15 U.S.C. Section 2821(8).

# (2)

(2) Receipts from the sale or transfer of a motor vehicle between motor vehicle dealers are excluded from commercial activity, provided that the transfer occurs for the purpose of resale and is based on the transferee's need to meet a specific customer's preference or the transfer is of a new vehicle between franchised dealerships.

# (3)

(3) Motor vehicle dealers excluding receipts from the sale or transfer of a motor vehicle between dealers for resale to meet a specific customer's preference must retain a resale certificate documenting the excluded transaction provided under ORS 317A.100(1)(b)(W). A resale certificate is not required for transfers of new vehicles between franchised dealerships.

# (4)

(4) Any document provided before or at the time the seller bills the purchaser may serve as a resale certificate if it contains the following information:

(a) The seller's name, address, federal identification number, and dealer license number from the appropriate licensing jurisdiction;

(b) The purchaser's name, address, federal identification number, and dealer license number from the appropriate licensing jurisdiction;

(c) A description of the vehicle, including the vehicle identification number, serial number, or other identifying number, and the make, model, and year of the vehicle;

(d) A statement, signed by the purchaser, their employee, or authorized representative, affirming that the vehicle described in the document is purchased or transferred for resale to meet a specific customer's preference; and

(e) The date ownership of the vehicle is transferred.