Rules Relating to Second-hand Automobile Dealers

Proposed Rules: Open to Comments

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Agency:
Comment By: 
Wednesday, October 30, 2019
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Download Copy of Proposed Rule (.pdf): 

Statement of Basis and Purpose of Proposed Rule

 

DCA is proposing to amend Section 2-109 of Title 6 of the Rules of the City of New York relating to the record keeping requirements for secondhand automobile dealers.

 

Recently, the New York State Department of Motor Vehicles issued a new regulation that requires automobile dealers, absent limited exceptions, to use an electronic recordkeeping system called the Vehicle Electronic Reassignment and Integrated Facility Inventory (“VERIFI”).  See 15 NYCRR 78.9.  Under New York City law, secondhand automobile dealers must maintain written records of all transactions with specific information such as a description of the automobile purchased or sold and name and address of the buyer or seller.  See NYC Admin. Code § 20-273. 

 

DCA is proposing a rule to clarify that a record maintained by a dealer in the VERIFI system satisfies the requirements of Section 20-273 of the New York City Administrative Code if it contains the information required by Section 20-273.  In other words, this rule would make clear that secondhand automobile dealers need not maintain separate records to comply with the New York State VERIFI requirements and the New York City Administrative Code requirements.   

 

DCA’s authority for these rules is found in Sections 1043 and 2203(f) of the New York City Charter, and Sections 20-104(b) and 20-275.1 of the New York City Administrative Code.

Public Hearing
Subject: 

Rules Relating to Second-hand Automobile Dealers

Public Hearing Date: 
Wednesday, October 30, 2019 - 10:30am
Contact: 

Carlos Ortiz, 212 436 0345, cortiz@dca.nyc.gov

Location: 
Department of Consumer Affairs
42 Broadway 5th Floor
New York, NY 10004