RigDig launched at just the right time for California commercial truck dealers. RigDig is able to help commercial truck dealers begin checking their existing inventory, possible trade-in vehicles and auction vehicles right now!
Charlotte, NC (PRWEB) October 27, 2011
California has passed the nation’s first law (Assembly Bill 1215) requiring that used vehicle dealers, including heavy-duty truck dealers, post a red warning label on vehicles flagged in a federal database as junk, salvage, total loss, or title branded.
Beginning July 1, 2012, every California-licensed motor vehicle dealer is required to check the National Motor Vehicle Title Information System (NMVTIS) prior to offering vehicles, including heavy-duty trucks, for sale. Junk yards, salvage yards, auto recyclers, insurance carriers and state motor vehicle departments are required to report vital information about vehicles to NMVTIS, a new federally-mandated vehicle history database maintained by the U.S. Department of Justice.
To comply with this new law, dealers can access vehicle history reports through an authorized NMVTIS Consumer Access Provider, such as RigDig™ Truck History Reports for heavy-duty truck dealers. If the report returns NMVTIS-related junk, salvage, total loss or title brand information, the dealer will be required to affix a 4” x 5” red warning sticker in the window of the vehicle. Additionally, upon request, dealers must provide a copy of the report to the purchaser.
Thanks to the launch of RigDig™ Truck History Reports in August, compliance with the new law will be easy for California heavy-duty truck dealers. In addition to partnering with the Department of Justice to integrate NMVTIS information, RigDig Truck History Reports also include important information from the Federal Motor Carrier Safety Administration, vehicle specification information from RigDig Business Intelligence, and Uniform Commercial Code-related lien and termination information from Equipment Data Associates.
“RigDig launched at just the right time for California commercial truck dealers. RigDig is able to help commercial truck dealers begin checking their existing inventory, possible trade-in vehicles and auction vehicles right now! This will help dealers avoid surprises arising from this new law come July 1st,” says James Vogel, general manager of RigDig. “RigDig Truck History Reports mesh a variety of data sources, including NMVTIS junk and salvage vehicles, total loss insurance claims, title and odometer brands, with other sources of information for accidents, inspections, ownership, cargo hauled and CSA scores. RigDig gives commercial truck dealers an easy-to-use report that not only helps them comply with Bill AB 1215 but also provides them with vital information to make informed purchase decisions.”
RigDig Truck History Reports are available from the website http://www.rigdig.com.
More About NMVTIS and California AB 1215
NMVTIS is a national, federally-mandated vehicle history database maintained by the United States Department of Justice to ensure that states, law enforcement agencies, and consumers have access to vehicle titling, branding, and other information that enables them to verify the accuracy and legality of motor vehicle titles before transfer or registration of the vehicle occurs.
California AB 1215 mandates all dealers using the California Electronic Titling (ELT) system use an NMVTIS-based vehicle history report, obtained from an authorized access provider. The law also provides for an increase in the maximum documentation fees that auto dealers can charge consumers. Dealers can now charge up to $80 per new or used purchase/leased vehicle, up from $45 for vehicle purchase transactions and $55 for lease transactions.
For more information on NMVITIS, go to http://www.vehiclehistory.gov/.
About Rig Dig
RigDig™, developed by Equipment Data Associates (EDA) beginning in 2008, results from a discerned need to help used truck buyers make more informed purchase decisions. Three years later, after building, acquiring and partnering with the best information sources available, EDA launched RigDig in August 2011. Buying a quality used truck represents a significant investment, and RigDig Truck History Reports allow buyers and sellers to make smarter business decisions.
Since 1988, Equipment Data Associates (EDA), a division of Randall-Reilly Publishing Co., and its more than 55 associates and researchers have been compiling detailed equipment-related information in the agriculture, construction, copiers, lift truck, logging, printing, machine tools, trucking and woodworking industries.