If you are consigning a vehicle to someone, you'll have to submit an MV-50 (Wholesale) or eMV-50 (Wholesale) to the other dealer when the other dealer is ready to sell it. It will then move to their Active Inventory in their Book of Registry.
If the vehicle was consigned to you and you are ready to sell it, the consigning dealer has to transfer it to you using an MV-50 (Wholesale) or eMV-50 (Wholesale). The vehicle will then move to your Active Inventory in your Book of Registry.
Please note: vehicles that are received on consignment and have been sold will still appear in your Book of Registry (status is Consignment). This simply appears for record-keeping purposes and cannot be deleted.
Comments
0 comments
Article is closed for comments.