Vehicles provided for purposes of demonstration or as a loaner vehicle for repair customers
Arkansas Code § 27-14-403
(a) General information.
(1) Demonstration of vehicle.
- (A) A dealer may allow a prospective buyer to test drive an unregistered vehicle for a period not to exceed seventy-two (72) hours.
- (B) If the date on which the prospective buyer is required to return the vehicle to the dealer falls on a Saturday, Sunday, or a legal holiday on which the dealer is not open for business, then the prospective buyer will have until the next succeeding business day that is not a Saturday, Sunday, or legal holiday to return the vehicle to the dealer.
(2) Loaner vehicle.
- (A) A dealer may allow a repair customer to drive an unregistered vehicle as a loaner while the customer's vehicle is being repaired by or through the dealer for a period not to exceed fourteen (14) calendar days.
- (B) If the date on which the prospective buyer is required to return the vehicle to the dealer falls on a Saturday, Sunday, or a legal holiday on which the dealer is not open for business, then the prospective buyer will have until the next succeeding business day that is not a Saturday, Sunday, or legal holiday to return the vehicle to the dealer.
(b) Temporary preprinted paper tag.
(1)
- (A) A dealer who allows a prospective buyer to test drive a vehicle or a customer to drive a loaner vehicle and has the capability to issue a temporary preprinted paper tag shall:
(i) Issue the tag; and
(ii) Place it in the rear window of the vehicle.
- (B) If the vehicle does not have a rear window, the paper tag shall be placed at the location for the permanent motor vehicle license plate.
- (C) The dealer may issue a replacement for the tag placed at the license plate location if the original becomes damaged or destroyed.
- (D) The replacement tag does not extend the time the prospective buyer or repair customer may drive the unregistered vehicle.
(2) A dealer that issues a paper tag for use by a prospective buyer or repair customer shall provide the documentation required by subdivision (c)(2) of this section to the Office of Motor Vehicle on the date the paper tag is issued for entry into the vehicle temporary tag database.
- (c) Information sheet.
(1)
- (A) A dealer without the capability of issuing paper tags shall issue to the prospective buyer or repair customer a test drive or loaner information sheet.
- (B) The prospective buyer or repair customer must keep the information sheet in the vehicle during the time the buyer or customer has possession of the vehicle.
(2)
(A) The Secretary of the Department of Finance and Administration shall:
- (i) Design the information sheet; and
- (ii) Make it available at all state revenue offices and on the Department of Finance and Administration website.
(B) The information required on the information sheet is the:
- (i) Year, make, and model of the vehicle;
- (ii) Vehicle identification number;
- (iii) Prospective buyer’s or customer's name;
- (iv) Time and date that the temporary preprinted paper tag or information sheet was issued to the prospective buyer or customer;
- (v) Reason the vehicle was furnished to the prospective buyer or customer; and
- (vi) Length of time the prospective buyer or customer may retain the vehicle.
- (3) A dealer shall be allowed to make and use photocopies of the information sheet designed by the secretary in lieu of the original provided by the department.
(4) The dealer must keep a copy of the information sheet for examination by the secretary at any reasonable time.
- (d) Test drives or loaner vehicles returned the same day.
- (1) Neither a temporary preprinted paper tag nor an information sheet is required if the prospective buyer or repair customer is required to return the vehicle before the end of the business day upon which the vehicle was provided.
- (2) However, the dealer may provide an information sheet to the customer if the dealer elects to do so.