New York Codes, Rules and Regulations
Title 15 - Department of Motor Vehicles
Chapter I - REGULATIONS OF THE COMMISSIONER
Subchapter F - BUSINESSES REQUIRING LICENSES
Part 78 - Dealers and Transporters
Registration Procedure
Section 78.2 - Definitions
Current through Register Vol. 46, No. 12, March 20, 2024
The following words and phrases when used in this Part shall have the meanings ascribed to them in this section:
(a) New vehicle. A vehicle sold or transferred by a manufacturer, distributor or dealer, and which has not been placed in consumer use, titled, transferred to someone other than a manufacturer, distributor, or dealer, or used as a demonstrator.
(b) Demonstrator. A vehicle which has not been placed in consumer use but which has been used primarily for the purpose of demonstration by a manufacturer, distributor or dealer.
(c) Used vehicle. Any vehicle not included in the definition of a new vehicle or demonstrator.
(d) Junk vehicle. A vehicle sold for use other than on the public highways.
(e) Wholesale vehicle. A vehicle sold by a registered dealer to another registered dealer or to a person engaged in wholesale buying and selling of vehicles.
(f) The term dealer includes both a retail dealer and a wholesale dealer, unless otherwise specifically noted.
(g) The term registered dealer includes both a registered retail dealer and a registered wholesale dealer, unless otherwise specifically noted.
(h) Mobile home trailer. A transportable structure designed to be used for permanent residential occupancy and which is not ordinarily registered as a trailer nor ordinarily towed along a highway.
(i) Sale. A sale occurs when a customer and a dealer sign a binding agreement to purchase and sell a vehicle, or when a customer signs an agreement to purchase a vehicle and a dealer acts upon the agreement, or when a customer delivers to the dealer money or other valuable property as a deposit or as payment in full for a vehicle.
