Georgia Department of Revenue – Motor Vehicle Division ...
Georgia Department of Revenue ¨C Motor Vehicle Division
Title Ad Valorem Tax Informational Bulletin
Directly Financed Dealer Sales
December 13, 2013
Pursuant to O.C.G.A. ¡ì 48-5C-1(b)(1)(B)(xv), a qualifying used motor vehicle dealer in
Georgia is eligible to sell used motor vehicles at a reduced rate of State and Local Title
Ad Valorem Tax (¡°TAVT¡±) that is 2.5% less than the ordinary rate in effect on the date of
purchase. This reduced rate is available for directly financing dealers, commonly
referred to as ¡°Buy Here, Pay Here¡± dealers. In order to qualify for the reduced rate of
TAVT all requirements and limitations provided for in Department of Revenue
Regulation 560-11-14-.17 must be met. A copy of this regulation is attached to this
bulletin. Please note that the ordinary statewide TAVT rate is 6.5% for 2013, 6.75% for
2014, and 7% for 2015 - the 2.5% reduction will be applied against the applicable rate in
the year in which the date of purchase occurred.
Requirements and Limitations:
In order to qualify, the used motor vehicle dealer must directly finance at least 90% of all
motor vehicles it sells. Only those vehicles financed by the selling dealer or a Related
Finance Company (RFC) may qualify for such reduced rate. If financing is provided by
an RFC, 90% common ownership must exist between the selling dealer and the RFC.
Only those sales financed pursuant to an installment note providing for at least a
24 month term or longer will qualify for the reduced rate. Qualifying dealers must retain
(i.e., cannot assign) at least 90% of all installment notes. See generally Department of
Revenue Regulation 560-11-14-.17. Finally, all liens and/or security interests must be
recorded electronically through the Electronic Lien and Title (¡°ELT¡±) program. See
Department of Revenue Regulation 560-10-12-.03.
Qualifying dealers should submit Form MV-DF1 along with the applicable registration
fee to the Georgia Department of Revenue at the address listed on the form. Once
certified, the qualifying dealer will receive a notice from the Department that authorizes
sales at a reduced rate of TAVT.
The dealer should not begin to process transactions at the reduced rate until it has
received a letter of certification from the Department. All transactions with a date of
purchase on or after the date of the letter may be processed at the reduced rate.
FOR MORE INFORMATION
For more information on this subject, contact the Motor Vehicle Division at 1-855-406-5221,
from 8:00 am to 4:30 pm EST, Monday through Friday, excluding holidays.
Persons with hearing or speech impairments may call our TDD number at 404-417-4302.
For forms and other information, visit our websites,
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