N.Y. Comp. Codes R. & Regs. tit. 15, § 78.16 – Restrictions pertaining to sales. | Midpage
§ 78.16
N.Y. Comp. Codes R. & Regs. tit. 15, § 78.16
Restrictions pertaining to sales.
Department of Motor Vehicles
(a) A dealer selling a new vehicle to a person residing outside of his own territory must not permit the purchaser to give a residence address in the territory of the dealer making the sale. The use of a business address by the purchaser as a residence address is also forbidden.
(b) If a retail dealer desires a car which he has in stock for his individual use, he may obtain a registration in his name, but the practice of continually registering or reregistering vehicles in the dealer's name and subsequently selling them by effecting a statement of transfer is not permitted.
(c) A dealer shall not display or permit the display of a vehicle unless he owns the vehicle or has it on consignment.