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RSMo 301.568effective 28 Aug 2018

Exchange of motor vehicles between dealers, registration not required, when

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In plain English

New car dealers who sell the same brand can swap cars with each other without doing full registration paperwork. That kind of swap is not treated as a sale. But if a dealer swaps a new car with a dealer who sells a different brand or who is not a franchised new car dealer, that counts as a real sale, and the car can no longer be sold as brand new. A dealer also cannot use a manufacturer's origin paper to sell a car to a regular customer unless that dealer is officially set up by the manufacturer to sell that brand. Mobile homes and trailers are not covered by this rule.

Word-for-word law

301.568. Exchange of motor vehicles between s, not required, when. — New motor vehicles may be exchanged for from one new motor vehicle to another who is to sell the same make of new motor vehicles by of the . Such exchange shall not be to be a sale and shall not require the to and make for a as set out in this chapter. However, when an exchange by assignment of the manufacturer's statement of origin is between a new motor vehicle franchise dealer and another motor vehicle dealer who has a for a different make of motor vehicle or a motor vehicle dealer who is not a new motor vehicle franchise dealer, the shall be deemed a sale and shall the resale of that motor vehicle as a new motor vehicle, and it shall be for any motor vehicle dealer to hold forth, offer for sale, advertise or sell such motor vehicle as a new motor vehicle. A motor vehicle dealer shall not ownership on any vehicle in a by the assignment of a manufacturer's statement of origin unless he is franchised by the to sell that particular make of vehicle; however, this shall not take effect if the motor vehicle dealer and the manufacturer are in the of negotiating a new , or the motor vehicle dealer has filed a timely to the manufacturer or appealed under section 407.825 of the . The of this section shall not apply to mobile homes or trailers.

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Source & history notes

(L. 1988 H.B. 1512 § 10, A.L. 2018 S.B. 707)

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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.

RSMo 301.568: Exchange of motor vehicles between dealers, registration not required, when | KnowMo Laws