                                 CODE OF VIRGINIA

CONSIGNMENT VEHICLES; CONTRACT (§ 46.2-1531)

Any motor vehicle dealer offering a vehicle for sale on consignment shall have
in his possession a consignment contract for the vehicle, executed and signed by
the dealer and the consignor. The consignment contract shall include:

1. The complete name, address, and the telephone number of the owners.

2. The name, address, and dealer certificate number of the selling dealer.

3. A complete description of the vehicle on consignment, including the make,
model year, vehicle identification number, and body style, except that trailers
shall not be subject to the requirement for vehicle identification number or
body style.

4. The beginning and termination dates of the contract.

5. The percentage of commission, the amount of the commission, or the net amount
the owner is to receive, if the vehicle is sold.

6. Any fees for which the owner is responsible.

7. A disclosure of all unsatisfied liens on the vehicle and the location of the
certificate of title to the vehicle.

8. A requirement that the motor vehicle pass a safety inspection prior to sale
or, if the motor vehicle is found not to be in compliance with any safety
inspection requirement after having been inspected, the dealer shall either take
steps to bring it into compliance or furnish any buyer intending to use that
vehicle on the public highways a written disclosure, prior to sale, that the
vehicle did not pass a safety inspection.
			Any dealer offering a vehicle for sale on consignment shall inform any
prospective customer that the vehicle is on consignment.			Dealer license plates
shall not be used to demonstrate a vehicle on consignment except on (i) motor
vehicles with gross vehicle weight of 15,000 pounds or more, excluding RVs, (ii)
vehicles on consignment from another licensed motor vehicle dealer, and (iii)
vehicles on consignment from a nonprofit organization certified pursuant to
subsection B of &#xA7; 46.2-1508.1. The owner&#8217;s license plates may be used
if liability insurance coverage is in effect in the amounts prescribed by &#xA7;
46.2-472.			No vehicles except motorcycles shall be sold on consignment by
motorcycle dealers.			No vehicles except recreational vehicles shall be sold on
consignment by recreational vehicle dealers.			No vehicles other than trailers
shall be sold on consignment by trailer dealers.			The provisions of this
section shall also apply to watercraft trailers and watercraft trailer dealers.

HISTORY: 1988, c. 865, § 46.1-547.6; 1989, cc. 187, 727; 1993, c. 289; 2000, c.
180; 2013, c. 247; 2015, c. 615.