2 Del. Admin. Code § 2266-12.0
Current through Reigster Vol. 28, No. 6, December 1, 2024
Section 2266-12.0 - Use of NADA Appraisal Guide12.1 The N.A.D.A. Appraisal Guide for older models is only to be used in the following instances: 12.1.1 If a vehicle, which has been titled in another state, is being titled in Delaware and there has been no sales tax or similar titling tax paid on the vehicle in the other state within the last 90 days, use the current N.A.D.A Official Used Car Guide OR the N.A.D.A. Appraisal Guide for OLDER Vehicles (whichever guide the vehicle is listed in) to determine the current average trade-in value and assess the vehicle document fee.12.1.2 If a Delaware title is being presented for transfer and the applicant has no Bill of Sale or the reverse side of the Delaware title does not indicate the purchase price, the document fee is to be based on the current average trade-in value as listed in the current N.A.D.A Guide.12.2 However, the owner may elect to obtain an appraisal from a licensed Delaware dealer, and such appraisal may also be considered in determining the vehicle document fee.2 Del. Admin. Code § 2266-12.0
27 DE Reg. 267 (10/1/2023) (Final)