Vehicle Industry Registration Procedures Manual

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Section 6 of 38

Chapter 5: Odometer Mileage Reporting

5.055 Repossessed Vehicles

The odometer mileage reading for a repossessed vehicle must be reported by the legal owner (lienholder) of record (repossessor) as follows:

  • The lienholder releases interest in the vehicle on the Certificate of Repossession (REG 119) form.
  • The word “REPO” is entered on line 1.
  • The REG 119 is used to transfer title without the registered owner’s endorsement.
  • If the title has a separate odometer disclosure section, the lienholder may complete and sign that section. If there is no separate odometer disclosure section, a Vehicle/Vessel Transfer and Reassignment Form (REG 262) must be completed for odometer disclosure.