Minnesota Department of Public Safety Driver and Vehicle Services 445 Minnesota Street Saint Paul, Minnesota 55101 Motor Vehicle General Information for Dealers Transfer Guide November 2012 TABLE OF CONTENTS DEALER REQUIREMENTS FOR TRANSFER OF OWNERSHIP .................................................................................................................3 REQUIREMENT TO SUBMIT DOCUMENTS - M.S.168A.04, SUBD. 2 & M.S.168A.11, SUBD. 1 ............................................................................... 3 RECORD RETENTION - M.S. 168A.11, SUBD. 3 ............................................................................................................................................... 3 NOTICE OF HELD FOR RESALE - M.S. 168A.11, SUBD. 2 ................................................................................................................................... 3 REPORTING SALES TO OUT OF STATE BUYERS M.S. 168A.11 SUBD.1 ................................................................................................................ 3 DOCUMENTS REQUIRED TO OBTAIN A MINNESOTA TITLE.................................................................................................................3 MINNESOTA TITLED VEHICLES....................................................................................................................................................................... 3 FOREIGN STATE/COUNTRY TITLED VEHICLES.................................................................................................................................................... 4 SECURED POWER OF ATTORNEY (SPOA) ........................................................................................................................................................ 4 Minnesota SPOA ............................................................................................................................................................................... 4 Foreign State SPOA ........................................................................................................................................................................... 4 SECURED REASSIGNMENT FORM (SRF) .......................................................................................................................................................... 4 SALE TO FOREIGN STATE RESIDENT ................................................................................................................................................................ 5 SALE TO A STATE AGENCY ............................................................................................................................................................................ 5 SALE TO A MOTOR (PRORATE) CARRIER.......................................................................................................................................................... 5 SALE TO NATIVE AMERICANS AND TRIBAL COUNCIL/AGENCY - M.S. 297B.01, (5) ................................................................................................ 5 Tribal Governments .......................................................................................................................................................................... 5 Tribal Residents ................................................................................................................................................................................ 5 ERRORS OR ERASURES....................................................................................................................................................................... 6 TRANSFER OF NON-TITLED VEHICLES ................................................................................................................................................. 6 BOAT, MOTOR, TRAILER PACKAGES .................................................................................................................................................. 6 DEALER-INITIATED CONDITIONAL TRANSFERS ...................................................................................................................................6 TAX IMPOSED – CHAPTER 297B ......................................................................................................................................................... 7 PURCHASE PRICE – M.S. 297B.01, SUBD. 8 .................................................................................................................................................. 7 TAX IMPOSED – M.S. 297B.02 & M.S. 297B.025 ........................................................................................................................................ 8 Rate of Tax........................................................................................................................................................................................ 8 In Lieu Tax for Older Passenger Vehicles ($10 In Lieu Tax) ............................................................................................................... 8 In Lieu Tax for Collector Class Vehicles ($90 In Lieu Tax) .................................................................................................................. 9 MOTOR VEHICLE SALES TAX EXEMPTIONS ....................................................................................................................................................... 9 REBATES................................................................................................................................................................................................... 9 MODIFICATIONS FOR DISABLED..................................................................................................................................................................... 9 DEALER EXEMPTIONS – M.S. 297B.035 ..................................................................................................................................................... 10 UP-FRONT PAYMENTS OR CAPITAL COST REDUCTIONS .................................................................................................................................... 12 LEASE BUY-OUT....................................................................................................................................................................................... 12 Motor Vehicle Fee Chart.................................................................................................................................................................. 13 Salvage and Branding ...................................................................................................................................................................... 15 2013 Model Year Chart .................................................................................................................................................................... 17 2 Procedures concerning the titling and registration of motor vehicles are subject to frequent change. Basic information regarding vehicle transfers is provided here. For more information, contact your local deputy registrar office or call the DVS Public Information Center (PIC) at (651) 296-2126. DEALER REQUIREMENTS FOR TRANSFER OF OWNERSHIP 1. REQUIREMENT TO SUBMIT DOCUMENTS - M.S.168A.04, SUBD. 2 & M.S.168A.11, SUBD. 1 A dealer is required to submit a Minnesota retail buyer's application for title and appropriate fees and taxes, within ten (10) business days of the date of sale. 2. RECORD RETENTION - M.S. 168A.11, SUBD. 3 A dealer is required to retain proof of transfer for each vehicle sold, for a period of three years. The deputy registrar will supply a dealer with a receipt that contains deputy information (office number and date issued); a description of the vehicle; and taxes and fees paid. 3. NOTICE OF HELD FOR RESALE - M.S. 168A.11, SUBD. 2 Effective August 1, 2004, within 48 hours of acquiring a vehicle titled and registered in Minnesota, a dealer must notify Driver and Vehicle Services that the dealership is holding the vehicle for resale. The notification must be made electronically. A dealer may contract this service to a deputy registrar or apply for a login ID and password to enable electronic filing. Applications for the login ID and password can be found on the Internet at dvs.dps.mn.gov 4. REPORTING SALES TO OUT OF STATE BUYERS M.S. 168A.11 SUBD.1 Effective August 1, 2004, a dealer must report a sale to an out of state buyer within 48 hours on any vehicle titled and registered in Minnesota. The dealer must notify Driver and Vehicle Services electronically. A dealer may contract this service to a deputy registrar or apply for a login ID and password to enable electronic filing. Applications for the login ID and password can be found on the Internet at dvs.dps.mn.gov. A dealer is required to remove any license plates from the vehicle and issue a 31-day temporary permit. DOCUMENTS REQUIRED TO OBTAIN A MINNESOTA TITLE A transfer of ownership must be made on the certificate of title. If the title has been lost, a duplicate title must be applied for by the owner/s of record. The duplicate title will be mailed to the owner, unless the owner requests it be mailed to a different address and provides a self-addressed, stamped envelope. A lien notification/release card (sent to the secured party) must be signed by the lienholder once the security interest has been satisfied. Submit the signed lien release with the transfer of ownership. If the lien card has been lost, a signed and notarized "Notification of Assignment, Release or Grant of Secured Interest" (PS2017) is required. 1. MINNESOTA TITLED VEHICLES Transfer of ownership must be made on the certificate of title. If the title has been lost, a duplicate title must be applied for by the owner/s of record. The duplicate title will be mailed to the owner, unless the owner requests it be mailed to a different address and provides a self-addressed, stamped envelope. A lien notification/release card (sent to the secured party) must be signed by the lienholder once the security interest has been satisfied. Submit the signed lien release with the transfer of ownership. If the 3 lien card has been lost, a signed and notarized "Notification of Assignment, Release or Grant of Secured Interest" (PS2017) is required. 2. FOREIGN STATE/COUNTRY TITLED VEHICLES The properly assigned, original ownership document is required to be submitted with an Application to Title/Register a Vehicle (PS2000). A foreign state "Secure Reassignment Form" can only be accepted if the form is from the state that issued the title, or is from the state in which the dealer or customer, using the form, is a resident. 3. SECURED POWER OF ATTORNEY (SPOA) a. Minnesota SPOA A Minnesota SPOA form may only be used when the original title has been lost. In these situations this form allows the dealership to sign on behalf of the seller and/or buyer. b. Foreign State SPOA A Foreign State SPOA form is subject to the restrictions listed on the form. The form must be an original, with a "live" signature, and the transfer must involve a Minnesota purchaser. 4. SECURED REASSIGNMENT FORM (SRF) The use of a Minnesota “Secure Reassignment Form” (SRF) is now authorized by licensed dealers. The form looks similar to the Minnesota title, except it is blue in color and is named “Supplemental Dealer Reassignment.” The form may be used as described below: a. The form is available only to certain classes of licensed Minnesota dealers: new, used, lessors, wholesalers or auctioneer. It is not available to any unlicensed person or entities or to dealers with only a broker, parts or scrap metal processor dealer license. b. A dealer who appears as owner on the Minnesota title cannot use this form to assign the vehicle. c. Only licensed dealers may appear as the seller on the form (It may also be used by a dealer licensed in another state, if a Minnesota dealer appears as the buyer or seller). d. Under no circumstances may the form be used on private party sales. A licensed dealer must appear as seller on the form. e. The form may be used as a reassignment supplement on a foreign state title, provided a Minnesota licensed dealer appears as a seller or buyer on the form. f. More than one form may accompany the title. g. When the title is not available and a dealer has sold the vehicle, the form may be used even though the reassignment areas on the title are not “used up.” The form cannot be submitted without the title. If you need to submit a Dealer Initiated Conditional Transfer, retain the SRFs and submit them when you are ready to turn in the original title. h. The buyer may make application for title on a PS2000, if the Minnesota title is not available at the time of sale. However, all documents, including the title, must be submitted together. i. Any erasure or alteration voids the form. A new SRF will have to be completed. j. The department may require this form to be used in place of an “administrative title,” when a dealer fails to properly complete a reassignment on the title. k. Use of this form does not change the way title/transfer fees are collected. 4 l. A $6.50 transfer fee is assessed for every reassignment of ownership when accompanied by a Minnesota title. m. If used in conjunction with a foreign state title, only the applicant would pay the $7.25 title/transfer fee for the application to title (no title/transfer fee is assessed for other reassignments). 5. SALE TO FOREIGN STATE RESIDENT A Minnesota dealer is not required to collect taxes and fees on a vehicle that is sold to a foreign state resident. The dealer is required to remove the license plates and provide the purchaser with a 31-Day Non-Resident Permit, and the documents necessary for the transfer of ownership in their home state. The transfer documents must be provided to the purchaser immediately. Note on the purchase contract that you have done so. The purchase contract must reflect that the buyer resides in another state. 6. SALE TO A STATE AGENCY A Minnesota dealer does not collect motor vehicle sales tax or transfer fees. Transfer documents may be given to the purchasing state agency. They will submit the transfer to the central office, Mail Stop A, for processing. To meet record requirements, dealers need the following items: • One copy of the Interagency Payment Form NA69 showing the correct fees and taxes paid. This is supplied by the state agency buying the vehicle. • Copy of the Manufacturer’s Certificate of Origin (MCO) or title • Copy of the purchase contract 7. SALE TO A MOTOR (PRORATE) CARRIER The dealer is required to list the vehicle purchase price and the customer's Prorate account number in the motor vehicle sales tax area of the title application. Fees: All title transfer fees must be collected and submitted to the department. However, the dealer does not collect sales tax if the purchaser indicates that they are eligible to pay motor vehicle sales tax based on the percentage of miles driven in Minnesota. Registration: If the customer wishes to obtain Prorate license plates, the dealer should give photocopies of all documents to the customer, that show the date of sale and the collection of title fees. 8. SALE TO NATIVE AMERICANS AND TRIBAL COUNCIL/AGENCY - M.S. 297B.01, (5) Tribal Governments Minnesota tribal governments and any businesses owned by the tribal governments do not pay sales tax on vehicles they lease or buy, either on or off the reservation, for their own use. The purchaser must indicate “governmental unit” in the sales tax declaration area of the title or PS2000. These vehicles display tax-exempt plates. Tribal Residents Under certain conditions, residents of all the tribal reservations are exempt from sales tax on motor vehicle purchases. 5 To qualify for this exemption, the resident must provide a signed statement that all of the following criteria are met. If more than one individual jointly owns the vehicle, all owners must meet the qualifications): a. The purchaser is a member of and resides on one of these reservations: Prairie Island Sioux Red Lake Shakopee Mdewakanton Sioux Upper Sioux White Earth Bois Forte Fond du Lac Grand Portage Leech Lake Lower Sioux Mille Lacs b. The sale occurred on the reservation. “Sale” means: • The papers were signed on the reservation, or • Payment was made on the reservation, or • The vehicle was delivered to the purchaser on the reservation. If you have any questions on vehicles leased to tribal members, contact the Minnesota Department of Revenue at (651) 296-6181. ERRORS OR ERASURES An alteration or erasure on a title document may void the document. If an error is made, contact the Public Information Center or your local deputy registrar for instructions. TRANSFER OF NON-TITLED VEHICLES Ownership of vehicles that have not been issued a certificate of title, or are not required to be titled, may be transferred with a bill of sale. The bill of sale must have a complete description of the vehicle, the purchasers’ name, date of sale and signature of seller. BOAT, MOTOR, TRAILER PACKAGES The dealer must turn in the motor vehicle sales tax collected on the sale of the trailer at the time of the transfer. The transfer of ownership must be completed on the appropriate ownership document. The purchase contract must list the trailer information (vehicle identification number, dollar value, motor vehicle sales tax), separately from the boat and motor. DEALER-INITIATED CONDITIONAL TRANSFERS DVS allows dealers to file a “conditional” transfer when they are unable to obtain all of the required documents and/or signatures to transfer ownership. This allows the dealer to comply with the 10-day transfer laws. This does not exempt the dealer from the responsibility of obtaining the missing items; the dealer must obtain the missing items and submit them later. 6 Dealer Conditional Procedure: 1. Complete a title application (PS2000 – registration can be issued if needed) and submit all available documents, unless signatures are missing from a title. In this situation, a photocopy of the title is submitted and the original title is kept to obtain proper assignments. 2. Pay all applicable fees and taxes to a deputy registrar. 3. Submit a letter explaining what documents are missing and why. If the missing document is a foreign state title, the letter must indicate which state the title is from and the names of the owners and any lienholders, if known. Upon receipt of the conditional transfer application, the department will send a letter to the owner, with a copy to the dealer, indicating what is needed to issue a clear certificate of title. The dealer must continue to make efforts to obtain the missing items. If a dealer has problems obtaining paperwork from another dealer the Dealer Unit must be notified in writing. The statement must include the full vehicle description, date the vehicle was purchased from the other dealer, name of the retail customer and the date the conditional transfer was filed. TAX IMPOSED – CHAPTER 297B Minnesota imposes a sales tax on the purchase price of any motor vehicle purchased or acquired, either in or outside of the state of Minnesota, which is required to be registered under Minnesota Statutes, chapter 168. All transfers are taxed at 6 ½ percent, except certain passenger vehicles that are in the tenth or subsequent year of vehicle life (see $10 In Lieu Tax), and passenger vehicles and fire trucks registered in a collector class (see $90 In Lieu Tax). The purchase price must be completed in all cases, in the tax declaration area on the Minnesota certificate of title or PS2000. This is required regardless of type of sales tax due. 1. PURCHASE PRICE – M.S. 297B.01, SUBD. 8 a. Purchase Price This means the total consideration valued in money for a sale, whether paid in money or otherwise. If a vehicle is transferred for nominal or no monetary consideration, the purchase price is the average value of similar vehicles. b. Trade-In Motor vehicles used as a trade-in credit must be: • A vehicle required to be registered under Minnesota Chapter 168 • Titled in the name of the party trading the vehicle. Exceptions: o A child may trade-in a vehicle in their parents name • o A husband or wife may trade-in a vehicle titled in their spouses name o A gifted vehicle to other individuals may be used as a trade-in if a Gift Affidavit (PS2080B) is submitted with the transfer documents for the vehicle purchased Traded to the party that the new vehicle is purchased from 7 Note: If a dealer allows “trade equity” for a leased vehicle that is not transferred and titled in the customer’s name, against the purchase of a vehicle, tax is assessed on the full purchase price. A trade-in reduction is not allowed. A motor vehicle, traded in for credit against the purchase price, must be one that is required to be registered, as defined in Minnesota Statute 168.011. The vehicle must be in the name of the entity trading it in, and that entity must have paid motor vehicle sales tax on it. c. Low Purchase Price When the reported purchase price is substantially less than its fair market value, an explanation is required by the applicant. The applicant must complete and sign the "Motor Vehicle Sales Tax Affidavit" (PS2080A) form. Unless a vehicle has been damaged, mileage is the only factor that may affect the value. Normal wear and tear (such as worn tires, shocks, etc.) has already been taken into account in establishing the fair market value. If a vehicle does not have high mileage and is not in need of repair, then the motor vehicle sales tax must be collected on the fair market value. 2. TAX IMPOSED – M.S. 297B.02 & M.S. 297B.025 In all cases, the vehicle purchase price is to be completed in the excise tax declaration area on the Minnesota title or PS2000 form. a. Rate of Tax There is a sales tax imposed on the net purchase price of any motor vehicle purchased or acquired, either in or outside of the state of Minnesota, which is required to be registered under the laws of this state. All transfers are taxed at 6 ½ percent, except certain passenger vehicles that are in the tenth or subsequent year of vehicle life and passenger vehicles registered in a collector class. (See exceptions in “b” and “c” that follow) b. In Lieu Tax for Older Passenger Vehicles ($10 In Lieu Tax) 1. That meet the following qualifications: • The vehicle is in the tenth or subsequent year of vehicle life at the time of sale (e.g., on January 1, 2004, a 1995 or older model year qualifies), and • The purchase price is less than $3,000, and • The vehicle fair market value is less than $3,000 2. The initial vehicle purchase price determines the type of tax due, not the net purchase price after a trade-in. For example: $ 3,500 Initial purchase price • $-1,500 Trade-in $ 2,000 Net purchase price – 6 ½ PERCENT SALES TAX IS DUE ON $2,000 If the vehicle purchased meets the criteria for the $10 in lieu tax and the trade-in does not reduce the net purchase price to zero, the $10 in lieu tax is due (even if the $10 is more than 6 ½ percent): 8 For example: $ 2,000 Purchase price • $-1,950 Trade-in $ 50 Net purchase price – $10 LIEU TAX IS DUE The trade-in is of equal or greater value, no tax is due: For example: $ 2,500 Purchase price $-2,500 Trade-in $0 Net purchase price – NO TAX IS DUE c. In Lieu Tax for Collector Class Vehicles ($90 In Lieu Tax) The purchase price must be completed in all cases, in the tax declaration area on the Minnesota certificate of title or PS2000. The $90 in lieu tax is charged on passenger vehicles and fire trucks registered in, or converted to, one of the collector classes at the time of sale. This in lieu tax does not apply to other vehicles registered in the collector classes (e.g., one-ton pickups, motorcycles, trucks, etc.) Note: If, within one year of the transfer, the registration is changed to the passenger class, 6 ½ percent sales tax is due if the fair market value is $3,000 or more. The applicant owes the difference between the $90 tax paid and the 6 ½ percent tax on the purchase price. 3. MOTOR VEHICLE SALES TAX EXEMPTIONS Refer to the exemptions listed on the back of the Application to Title/Register a Motor Vehicle (PS2000). If you need assistance, contact the Public Information Center or your local deputy registrar. 4. REBATES a. Manufacturer Rebates Rebates made by the manufacturer directly to the purchaser of a new vehicle may be deducted from the purchase price when computing motor vehicle sales tax due. Indicate “rebate” and list on trade-in line of motor vehicle sales tax computation area. b. Dealer Rebates, Checks, Coupons, Certificates, etc. Incentives to purchase a vehicle, such as dealer rebates, checks, coupons, or certificates, are not the same as manufacturer rebates. They are treated the same as a down payment. Tax is due on the full purchase price. c. Discounts Discounts should not be shown on the application for title, only on the actual price. Tax is due on the actual sale price. If you are required by another authority to document the discount, use your purchase contract. 5. MODIFICATIONS FOR DISABLED The definition of “purchase price” does not include the value of modifications necessary to make the vehicle accessible to the disabled. 9 Submit a statement, signed by the applicant, explaining the modifications made to the vehicle and the value of each modification. Record this amount as a trade-in. If there already is a trade-in, add this amount to the trade-in and record the total amount in the trade-in area on the tax declaration area. This amount is deducted from the purchase price before computing the sales tax. 6. DEALER EXEMPTIONS – M.S. 297B.035 The following exemptions apply to dealers licensed by the State of Minnesota. Held for Resale a. Exemption: If a vehicle is held for resale by a Minnesota licensed dealer, they must claim exemption code 8, provide their dealer license number, and note “held for resale” in the sales tax declaration area of the certificate of title. b. Title Only – M.S. 168A.11, subd. 1 If a Minnesota dealer elects to apply for a title on a vehicle held for resale, the dealer is not required to register the vehicle. However, the dealer must pay one month’s registration tax. The dealer must also note “held for resale” in the sales tax declaration area on the certificate of title. Held for Resale DLR98765 8 c. Dealer License and Franchise If a dealer applies for title and registration on a new vehicle and claims they are holding the vehicle for resale, they must be franchised to sell that make of vehicle and have a valid Minnesota dealer license. If a dealer is not franchised to sell that particular make, or if the dealer is licensed as a used car dealer, they must title and register the vehicle in their name and pay sales tax. Both the dealer and the individual that they sell the vehicle to would owe sales tax. d. Trailers A dealer license is not required to sell utility trailers with a gross vehicle weight of 4,000 pounds or less. However, the company must have Minnesota sales and use tax account number. Note: Sellers of boat and snowmobile trailers and mopeds must have a valid dealer license. 10 Daily Rental If a vehicle is a daily rental, the dealer must provide their dealer license number and note “daily rental” in the sales tax declaration area on the PS2000 (Rental tax is submitted to the Department of Revenue). 17000 00 Daily Rental DLR98765 8 Business Use A dealer using a vehicle for their business must pay 6 ½ percent motor vehicle sales tax or, if they elect to pay general sales tax to the Department of Revenue, they must provide their dealer license number and note “business use” and “tax paid under 297A” in the sales tax declaration area on the PS2000. Leases 17000 00 Business Use Tax Paid Under 297A DLR98765 8 Lease Exemptions For exemption from motor vehicle sales tax (general sales tax is paid on the monthly lease payments to the Department of Revenue) in a lease situation: • Minnesota dealers and lessors must claim exemption code 8 and provide the dealer/lessor license number on the PS2000. • Foreign state lessors must claim exemption code 8 and provide their Minnesota sales and use tax account number. Refer questions about the Minnesota sales and use tax account number to the Department of Revenue, Sales Tax Section at (651) 296-6181. Note: a Lessee Designation form must be submitted with the application. 11 7. UP-FRONT PAYMENTS OR CAPITAL COST REDUCTIONS Up-front or capital cost reduction payments at the beginning of a lease are subject to general sales tax. These tax payments are submitted to the Minnesota Department of Revenue under the lessor’s Minnesota sales and use tax account If a person moves to Minnesota and paid tax up front in another state, additional tax is due if the other state’s tax is less than 6 ½ percent. The difference must be paid up-front through the Minnesota Department of Revenue. The applicant must provide proof of payment of the tax from the state to which it was paid. 8. LEASE BUY-OUT Motor vehicle sales tax is due on the buy-out price at the end of a lease. If the sale price is less than the fair market value, proof of the buy-out price must be submitted. Acceptable proof would be a copy of the lease agreement showing monthly installment and sales tax payments and the buy-out price. 12 MOTOR VEHICLE FEE CHART Effective July 1, 2012 Application Fees Additional Information Duplicate Title Fee ............... $8.25 Duplicate Cab Card ............. $1 Duplicate Title Fees include a $1 technology surcharge. Expedited Title Fee .............. $20 This service is not available at all offices. Filing Fee • Renewals Only ........... $6 • All Other ...................... $10 Late Transfer Penalty .......... $2 Due when a transfer is not submitted within 10 business days of the date-ofsale. Lien Fee (Grant) .................. $2 Assignment of Lien .............. $1 There is no fee for a duplicate lien card. However, a deputy registrar may charge the $10 filing fee. Non-Title Transfer ................ $3 PSV Fee .............................. $3.50 Public Safety Vehicle Fee Due on initial applications for title and title transfers. Do not charge this fee on non-titled trailer transactions. Registration Tax Refer to Tax Manual. Sales Tax ............................. 6.5% Due on the net purchase price of the vehicle unless the purchase is exempt from sales tax or qualifies for one of the following in-lieu taxes: • $10-In-lieu Tax – charge on passenger vehicles, ten model years or older, when the purchase price and fair market value is under $3,000. If the fair market value or purchase price is $3,000 or more, the vehicle does not qualify for the in-lieu tax. • $90 In Lieu Tax – Charge on passenger class vehicles and fire trucks registered in a collector class. Salvage Inspection Fee ....... $35 Due for inspections of salvage vehicles only. Special Plate Transfer ......... $5 Title Fee ............................... $7.25 Due on initial applications for title and title transfers. This includes: • Each issuance of a title • Repossessions • Corrected titles Title fees include a $1 Technology Surcharge. Title Transfer Fee ................ $6.50 Due on each additional dealer reassignment on a Minnesota title. Transfer Tax ........................ $10 Due on initial applications for title and title transfers. Do not charge on: • Transfers from joint to single ownership (The fee is due on transfers from single to joint ownership.) • Applications in the name of a licensed dealer, when the dealer is holding the vehicle for resale • Applications in the name of a leasing company • Applications in the name of a government entity • Applications in the name of the owner listed on the foreign state title or registration card being surrendered. • Applications for vehicles weighing less than 1,000 pounds Duplicate Registration Stickers – $1 per issuance (month + year). Do not charge with duplicate plates. License Plate Fees Initial Duplicate 7-Year Replacement Passenger $6 Double $4.50 Single $6 Double $4.50 Single $6 Double $4.50 Single Truck $6 Double $4.50 Single $6 Double $4.50 Single NA Motorcycle/Moped $4.50 $4.50 NA Trailer $4.50 $4.50 NA Utility Trailer $2.50 $2.50 NA Tax Exempt $10 Double $4.50 Single $6 Double $4.50 Single NA Special License Plate Fees Initial Duplicate 7-Year Replacement Amateur Radio Operator Citizen Band Radio $10 $10 $14 $14 $14 $14 Classic $15 Double $13.50 Single $15 Double $13.50 Single NA $25 one time registration due with initial application Classic Motorcycle $13.50 $13.50 NA $10 one-time registration due with initial application Collector $15 Double $13.50 Single $15 Double $13.50 Single NA $25 one time registration due with initial application Collegiate $10 Double $8.50 Single $10 Double $8.50 Single $10 Double $8.50 Single Minimum Contribution $25 Congressional Medal of Honor No Fee No Fee No Fee Critical Habitat $10 $10 $10 Disability $6 Double $4.50 Single $6 Double $4.50 Single $6 Double $4.50 Single Ex-POW No Fee No Fee No Fee Gold Star No Fee No Fee No Fee Limousine $10 $10 $10 National Guard $10 $10 $10 Original Plate Additional Information Self-Adhesive Plate Additional Information Minimum Contribution $30 Applicant provides proof of relation to deceased. Annual registration and filing fees are required. $10 Fee is charged Pioneer $15 Double $13.50 Single $15 Double $13.50 Single NA $25 one time registration due with initial application Personalized $100 $14 Double $10 Single $14 Double $10 Single $25 one time registration due with initial application for personalized collector plates. Ready Reserve $10 $10 $10 Remembering Victims of Impaired Drivers $10 $10 $10 Special Registration $50 $6 Double $4.50 Single $6 Double $4.50 Single Street Rod $15 Double $13.50 Single $15 Double $13.50 Single NA $25 one time registration due with initial application Support Our Troops $10 $10 $10 Minimum Contribution $30 Support Our Troops Motorcycle $10 $10 NA Minimum Contribution $30 Veteran – Passenger $10 $10 NR Veteran – One Ton Truck $10 $10 NR Volunteer Ambulance $10 $10 $10 Volunteer Firefighter $10 $10 $10 Van Pool $10 Double $8.50 Single $10 Double $8.50 Single $10 Double $8.50 Single Requires fire chief’s signature *Note: As of July 1, 2012 the technology surcharge is now $1 & due with each vehicle registration and dealer plate renewals. SALVAGE AND BRANDING July 2012 Salvage Process Reference: Minnesota Statutes, 168A.151 subd. 01, 168A.152 and 168A.153 A Minnesota salvage title is issued to late-model and high-value vehicles when an insurance company has paid a total loss claim on the vehicle. The title is stamped in red “Salvage – Must Be Inspected.” Affected Vehicles • • Late model vehicles, which are vehicles six model years old or newer. In calendar year 2010, the “model year window” of affected vehicles is 2005 and newer High-value vehicles, which are vehicles that were valued in excess of $5,000 prior to damage, or vehicles with a manufacturer’s gross vehicle weight rating of over 26,000 pounds, that are not late model vehicles. Minnesota Titled Vehicles The model year window is based on the date of purchase by the insurance company. Subject to Salvage Law if: What you need to know • • • A Minnesota licensed insurance company acquires ownership through the payment of damages, or A vehicle owned by a self-insured owner sustains damage in excess of 80% of the vehicle’s value • Who must apply for a Minnesota salvage title: o A Minnesota licensed insurance company the company may apply for a salvage title or stamp the existing title and report it to the State. o A self-insured owner whose vehicle sustains damage in excess of 80% of the vehicle’s value. If registration is purchased, a title will not be issued until the salvage requirements are met. Foreign State Titled Vehicles The model year window is based on the date the Minnesota buyer purchased the vehicle or the date of initial registration by a new resident. Subject to salvage law if: What you need to know • • • • The foreign state title is a salvage title or The foreign state title was issued to or transferred through an insurance company or, The foreign state titled vehicle was damaged in excess of its value. • The first Minnesota retail buyer or dealer must apply for a Minnesota salvage title In most situations a Minnesota salvage title is not issued. Instead, the owner receives a letter with information on how to clear the salvage status. A dealer may be issued a title only – the Minnesota title will be stamped “Salvage.” How to clear salvage status The following must be submitted: What you need to know • • • • • • The Minnesota salvage title (unless previously surrendered) Affidavit of Reconstruction (PS2015) completed by the owner at the time of repair A passed Salvage Inspection Report Original letterhead receipts for the major parts replaced Payment of the inspection fee and the filing fee The title may be branded if it is subject to Minnesota branding laws. See reverse side for more information about branding. Permanent Brands on Titles If a vehicle is subject to branding, the Minnesota title brand is permanent and will appear on all subsequent titles issued. A vehicle not subject to branding is issued a clear title. Reference: Minnesota Statutes, 168A. 01, subd. 6a, 325F.6641, 325F.6642 and 325F.6644 Motorcycles • • A motorcycle that has been altered from its original construction is subject to the “Reconst” brand (see below). The title of a motorcycle that has been constructed of new aftermarket parts will have on it the permanent notation “Assembled.” Gross Weight Vehicles • A vehicle with a gross weight rating of 16,000 pounds or more is exempt from branding unless it has been reconstructed, in which case the title will be stamped “Reconst.” Prior Salvage The brand is stamped on a Minnesota title when: • • The salvage status of a vehicle is cleared The foreign state title contains a brand such as “prior salvage,” “damaged,” “rebuilt,” “reconditioned,” etc. The vehicle must have been repaired prior to entering Minnesota. Flood The brand FLOOD DAMAGED appears on a Minnesota title when: • • The application for title indicates that the vehicle has been classified as a loss by flood or water damage. A foreign state title is surrendered that has the notation “FLOOD” or “WATER DAMAGE” Reconstructed The brand “RECONST” appears on a Minnesota title when: a vehicle has been altered from its original construction by the removal, addition, or substitution of essential parts Rebuilt The brand appears on the title when the vehicle has sustained damage in excess of 80 percent and the “PRIOR SALVAGE” brand does not apply. Assembled This is not a brand but a permanent notation that appears on a Minnesota title when a motorcycle has been assembled from new aftermarket parts. Lemon Law Vehicle Effective August 1, 2008, the title for any vehicle subject to Minnesota’s lemon law (325F.655) and all vehicles with out-of-state titles that bear the term “lemon law vehicle” or any similar term, will be issued a Minnesota title stamped with “Lemon Law Vehicle.” 2013 MODEL YEAR CHARTS December 2012 Information Regarding Affected Vehicles Odometer Statement 2004 and newer vehicles Damage Disclosure • Model year window determined by date of sale • Statement is not required on vehicles with a gross vehicle rating over 16,000 pounds 2008 and newer vehicles • Model year window determined by date of sale • Disclosure is not required on vehicles with a gross vehicle weight 26,000 pounds or more Pollution System Disclosure Repealed. Effective Date: August 1, 2008 $10 in lieu sales tax 2004 and older passenger vehicles Salvage Law Branding Law Due Diligence / Defective Title Bond • Model year window determined by date of sale • Purchase price must be less than $3,000 • Fair market value must be less than $3,000 2008 and newer vehicles • Model year window determined by date of sale • Includes “high-value” vehicles valued in excess of $5,000 prior to damage and vehicles with a gross vehicle weight rating over 26,000 pounds • Does not apply to motorcycles, or • Vehicles with a gross vehicle weight rating of 16,000 pounds 2008 and older vehicles 2014 MODEL YEARS CHART December 2013 Information Regarding Affected Vehicles Odometer Statement 2005 and newer vehicles Damage Disclosure • Model year window determined by date of sale • Statement is not required on vehicles with a gross vehicle rating over 16,000 pounds 2009 and newer vehicles • Model year window determined by date of sale • Disclosure is not required on vehicles with a gross vehicle weight 26,000 pounds or more Pollution System Disclosure Repealed. Effective Date: August 1, 2008 $10 in lieu sales tax 2005 and older passenger vehicles Salvage Law Branding Law Due Diligence / Defective Title Bond • Model year window determined by date of sale • Purchase price must be less than $3,000 • Fair market value must be less than $3,000 2009 and newer vehicles • Model year window determined by date of sale • Includes “high-value” vehicles valued in excess of $9,000 prior to damage and vehicles with a gross vehicle weight rating over 26,000 pounds • Does not apply to motorcycles, or • Vehicles with a gross vehicle weight rating of 16,000 pounds 2009 and older vehicles
© Copyright 2024