Search
Quick Links
 
Announcements

NYSADA Proposed DMV Secure POA Becomes Reality 

Today, the DMV announced that the Secure Power of Attorney program officially begins. For years NYSADA was told by its members that a Secure POA program was needed to resolve the problem when a customer is required to return to the dealership to sign over a duplicate title.

NYSADA proposed the Secure POA program several times over the last several years. The DMV began a very successful Secure POA pilot program in the spring of 2013 and by today’s announcement has expanded the program to all franchised dealers.

The following communication was sent out by the DMV today:

The DMV has been conducting a pilot of a Secure Power of Attorney form (MV-93) that would meet Federal requirements and assist dealers by allowing them to sign the title of a trade-in when necessary. The pilot is now concluded and all dealerships may begin ordering and using the form.

For any sale dated on or after May 22, 2015, only the DMV-issued secure form may be used by a dealer to sign the title on behalf of the selling owner and record the odometer reading. After this date, “homemade” forms presented by a dealer will not be accepted by DMV.

BACKGROUND ON THE TRUTH IN MILEAGE ACT(TIMA)

This Federal legislation requires any motor vehicle which has had its ownership transferred be accompanied by a statement, signed and dated by the transferor, of the mileage and damage disclosure when applying for a duplicate title. Under TIMA requirements, this statement must be a secure form. A re-occurring problem facing dealers is that the customer selling the vehicle often fails to return to the dealership to sign the duplicate title.

In order to address the TIMA issue and meet dealers’ needs, DMV has created the MV-93 Secure Power of Attorney form, which serves to authorize the dealer accepting the trade in as the attorney-in-fact for the purpose of odometer and damage disclosure and signature on a title. This eliminates the need for the customer to return to the dealership to sign the duplicate title.

ORDERING AND USING THE MV-93

The DMV is ready to implement the use of the form and the MV-93 is now available for order. DMV will no longer be accepting any “homemade” or other power of attorney forms presented by dealers for any sales dated on or after May 22,2015. The MV-93 order form (MV-93.1) and usage instructions (MV-93.2) are available on the DMV website http://dmv.ny.gov/forms?query=mv-93

As per the instructions, the dealer may elect to pass the $5 document fee along to the consumer trading in the vehicle OR to the consumer buying the trade in by listing this charge as a separate item on the appropriate invoice. The dealer may not represent this fee as one they are required to charge.

Please be aware of the implementation of the MV-93 Secure Power of Attorney form when requesting a duplicate title on behalf of a customer. If you have any questions on this issue, please contact the Assocation at (518) 463-1148 and speak to Peter Marthy (206) or Ed Richardson (210).


NYSADA Webinar: (Affordable Care Act) Reporting Requirements
 

On Tuesday April 21st, at 10:00 am, NYSADA will be hosting a webinar focusing on reporting requirements for large groups (over 99 employees) as wll as specific information regarding whether the employer may be eligible for simplified reporting.


Please Complete Your NYSADA Economic Impact Survey
Included in this Month's newsletter please find NYSADA's "Economic Impact Survey" for the year 2014. The results from this survey help us ddemonstrate to our legislators how vital our industry is to the economy of New York State. NYSADA uses this information to show legislators the economic strength of franchised dealers across the state. For more information please contact the Association at (518) 463-1148 and speak with Ed Richardson (ext.210).

 

 



Join us November 18th – 22nd for our 92nd Annual Convention and Business Meeting at Disney's Grand Floridian Resort and Spa.  For more information, please call Jennifer Davis at 518-463-1148 ext. 326.

Get Reduced tickets here
 Watch the video

 

 

 

NYSADA News
NYSADA Launches Partnership with ADP Offering Payroll, Tax Filing and HR Services
Created by NYSADA Staff in 3/30/2015 1:38:21 PM

NYSADA is pleased to announce an agreement with ADP which will afford NYSADA members access to a ho... Read More..


Pre-dispute Arbitration Clauses Under Attack on the Federal Level
Created by NYSADA Staff in 3/30/2015 1:47:40 PM

The Consumer Financial Protection Bureau (CFPB) held a hearing in Newark NJ, on March 10, 2015 that... Read More..


U.S. Senate Bill Aims To Bar Vehicle Registrations Until Recalls Are Completed
Created by NYSADA Staff in 3/30/2015 1:51:55 PM

A bill introduced in the U.S. Senate by Massachusetts Senator Edward Markey and Connecticut Senator... Read More..


NYSADA Partner, Dunn Corporate Resources Can Help Reduce Unemployment Tax Expense
Created by NYSADA Staff in 3/30/2015 1:59:06 PM

As the result of the Governor’s Unemployment Insurance Reforms in October of last year, there was a... Read More..


Please Complete Your NYSADA Economic Impact Survey
Created by NYSADA Staff in 3/30/2015 2:02:20 PM

Included in this edition of The News please find NYSADA’s “Economic Impact Survey” for the year 201... Read More..


NYSADA Participates in NYS Partnership Against Drowsy Driving
Created by NYSADA Staff in 3/30/2015 2:06:27 PM

On March 5 NYSADA participated in an event coordinated by the Governor’s Traffic Safety Committee (... Read More..


Open Recalls on Vehicles
Created by NYSADA Staff in 3/30/2015 2:15:42 PM

This issue continues to garner attention in Albany and NYSADA continues to work on it. NYSADA, work... Read More..


Governor Discusses “Vehicle Marketplace” with NYSADA’s Board
Created by NYSADA Staff in 3/30/2015 2:19:01 PM

At the recent Executive Mansion Breakfast hosted by Governor Cuomo for NYSADA’s Board of Directors,... Read More..


NYSADA Board Meeting Updates
Created by NYSADA Staff in 3/30/2015 2:27:35 PM

NYSADA Chairman Ron Barton reported that NYSADA sent a letter to BMW outlining the Association’s co... Read More..


Gold Club Prepares for 16th Year
Created by NYSADA Staff in 3/30/2015 2:32:01 PM

The NYSADA Gold Club has been serving our New York franchised dealers for the past 15 years by hold... Read More..


State Agencies Meet with NYSADA Board
Created by NYSADA Staff in 4/1/2015 10:32:02 AM

Subsequent to breakfast with Governor Cuomo, a number of representatives from state agencies attend... Read More..


Navigating the Maze of Federal Regulations: By NADA Chairman Bill Fox
Created by NYSADA Staff in 4/1/2015 10:37:18 AM

By NADA Chairman Bill Fox It is clear by now that new-car dealers are not just responsible for faci... Read More..


Gold Club Meets with Senate Majority Leader Dean Skelos
Created by NYSADA Staff in 4/1/2015 10:39:47 AM

Recently, a gathering of over 40 Gold Club members had dinner with Senate Majority Leader Dean Skel... Read More..


NYSADA Board has Breakfast with Governor Cuomo
Created by NYSADA Staff in 4/1/2015 11:18:15 AM

For the fourth straight year, Governor Andrew Cuomo hosted NYSADA’s leadership for breakfast at the... Read More..


NYSADA Proposed Regulations On-Course for Adoption
Created by NYSADA Staff in 4/1/2015 2:55:48 PM

Today, as promised, two proposed Department of Motor Vehicle regulations sought by NYSADA were publ... Read More..


NYSADA Proposed DMV Secure POA Becomes Reality
Created by NYSADA Staff in 4/7/2015 1:20:16 PM

Today, the DMV announced that the Secure Power of Attorney program officially begins. For years NYS... Read More..


More
Copyright 2011 NYS Automobile Dealers Association Inc.   |  Privacy Statement  |  Terms Of Use  Xhtml 1.0  CSS 2.0