Dismantler’s Handbook of Registration Procedures

Driver Education illustration

Section 5 of 11

Lien Sales and Abandoned Vehicles

5.470 Proceeds of the Lien Sale (CC §3073)

The proceeds of the sale must be used to pay the lien and the cost of keeping and selling the vehicle. The cost of selling must be the actual cost and cannot exceed $100. The lienholder must forward any remainder to the department’s Lien Sales Unit within 15 days of the sale.