2 Del. Admin. Code § 2266-4.0

Current through Register Vol. 27, No. 12, June 1, 2024

Section 2266-4.0 - Trade-in Allowance

4.1 Trade-in allowance for document fee computations will only be allowed for vehicles currently titled in Delaware. The following two exceptions are authorized provided positive proof (receipts, old title, etc.) are provided by vehicle owners or can be established by DMV records:

4.1.1 Vehicle was previously registered in Delaware by the same owner who already paid a vehicle document fee, was then registered in another state, and vehicle is being used as a trade-in for a vehicle to be registered and titled in Delaware.

4.1.2 Vehicles bought by the owner and registered outside the state and then used for a trade-in for a vehicle to be registered and titled in this state; provided, such owner had paid to such other state a sales tax, transfer tax, or some similar levy on the purchase of such motor vehicle within 90 days prior to registration and titling in this state.

4.2 Trade-in allowance credit is not applicable if no documentation fee was paid at the time of registration.

4.3 Trade-in allowance credit against document fees may not exceed the actual document fees paid on the trade-in vehicle at the time the trade-in vehicle was registered.

2 Del. Admin. Code § 2266-4.0

27 DE Reg. 267 (10/1/2023) (Final)