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Tuesday, June 30, 2009

Camper conversion mini Vans


  • To create a system that will provide payments only for eligible transactions under the CARS program.
  • Under the law, NHTSA will make electronic funds transfers only to a registered dealer that has submitted the required proof of a completely eligible transaction.
  • We will develop a registration system to identify licensed, franchised new vehicle dealers and to obtain the banking and tax identification information necessary for making secure electronic transfers. Only registered dealers will have access to the payment system.

  • As noted above, at the time of the transaction at the dealer, the consumer who is trading in the “trade-in vehicle” will need to provide evidence of ownership of the vehicle and proof that the vehicle has been continuously registered and insured to the same person throughout the last 12 months.
  • To prevent repeated use of the program by the same person, we anticipate that the consumer will need to provide evidence of identity, such as a driver’s license, and permit that information to become part of the documentation of the transaction.

  • The dealer will have every reason to avoid entering into a transaction for which the dealer cannot be reimbursed under this program.
  • The dealer will be expected to verify that the vehicle being traded in and the vehicle being purchased or leased are both eligible under the program.
  • This will entail, with regard to the trade-in, making sure that the registration and insurance information is accurate and that the vehicle is in drivable condition.
  • For both vehicles, the dealer will need to verify their combined fuel economy.

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