CA DMV Form REG 668. Notice of Pending Lien Sale for Vehicle Valued $4000 or Less

The Notice of Pending Lien Sale for Vehicle Valued $4000 or Less, REG 668, is used by lienholders to notify interested parties of a pending lien sale. When a vehicle with a value of $4000 or less has a lien placed on it due to unpaid debts, the lienholder must send this notice to the registered owner(s), legal owner/lienholder, if any, and any other known interested parties.

Important fields on this form include the lienholder's name, address, and contact information, as well as the details of the vehicle such as the vehicle identification number (VIN), license plate number, and description. The form requires the lienholder to provide information about the pending lien sale, including the time, date, and location of the sale.

Accuracy in filling out this form is crucial to ensure that all interested parties are properly notified of the impending lien sale. The completed form should be sent to the California Department of Motor Vehicles (DMV) as well as to the registered owner(s) and other interested parties.

An example use case for this form would be if a vehicle owner defaulted on their loan payments, resulting in the lienholder initiating a lien sale. In such a situation, the lienholder is required to send the REG 668 notice to inform the interested parties about the upcoming sale of the vehicle.