Form RD-108. Application for Michigan Title and Registration Statement of Vehicle Sale

Form RD-108, also known as the "Application for Michigan Title and Registration Statement of Vehicle Sale," is a vital document used in Michigan for individuals purchasing or leasing vehicles. Its primary goal is to facilitate the application process for obtaining a Michigan certificate of title and registration for the vehicle. The form helps ensure that the legal ownership and registration of the vehicle are properly transferred to the new owner or lessee.

Parts of the Form: The form consists of several sections:

1. Purchase and Delivery Details: Information about the purchase and delivery of the vehicle.
2. Vehicle Information: Details about the vehicle being sold, including VIN and license plate information.
3. Vehicle History and Title Brand Disclosure: Information about the vehicle's history and title status.
4. Odometer Mileage Disclosure: Disclosure of the vehicle's odometer mileage.
5. Sales Tax and Fees: Calculation of sales tax, plate fees, title fees, and other charges.
6. Owner and Lessee Information: Details of the vehicle owner(s) and lessee(s).
7. Insurance and Lien Information: Information about insurance coverage and any liens on the vehicle.
8. Signatures and Agreement: Signatures of purchasers, co-purchasers, and lessees, along with an agreement to apply for title and registration.

Important Fields:

• Purchase Price: The cost of the vehicle, including additional charges.
• Taxable and Non-Taxable Charges: Breakdown of charges subject to tax and those that are not.
• Trade-in Sales Tax Credit: Credit for trade-in value towards the sales tax.
• Total Taxable Price: Total amount subject to sales tax.
• Sales Tax, Plate Fee, Title Fee: Calculation of fees.
• Cash Due on Delivery: Amount to be paid upon vehicle delivery.
• Vehicle History and Title Brand: Disclosure of any history or title brand issues.
• Odometer Mileage Reading: Odometer reading details.
• Owner and Lessee Details: Names, addresses, and information of owners and lessees.
• Signatures: Signatures and dates of purchasers, co-purchasers, and lessees.

Parties Involved:

• Purchaser/Lessee: Individual buying or leasing the vehicle.
• Vehicle Dealer: Seller of the vehicle.
• Michigan Department of State: Regulatory authority overseeing vehicle registrations and titles.

Filling Considerations:

• Accuracy: Ensure all details are accurate and complete.
• Verification: Verify that the vehicle history and title are clean.
• Insurance: Provide accurate insurance details.
• Signatures: All required parties must sign and date the form.

Required Data:

• Purchase details, including price and trade-in credit.
• Vehicle information, including VIN.
• Personal information of owners and lessees.
• Insurance coverage details.
• Odometer mileage reading.

Additional Documents: Documents such as proof of insurance, driver's license, and supporting documentation for trade-in value may be required.

Application Examples and Use Cases:

• Individuals buying a new or used vehicle.
• Lessees applying for vehicle registration.
• Used vehicle dealers completing sales transactions.

Strengths, Weaknesses, Opportunities, Threats (SWOT):

• Strengths: Streamlined application process, accurate record-keeping.
• Weaknesses: Possible errors or omissions in data.
• Opportunities: Enhanced customer experience, improved record management.
• Threats: Risk of incomplete or inaccurate submissions.

Related Forms and Alternatives:

• Related Forms: Form RD-108 is specific to Michigan.
• Alternative Forms: Similar forms for title and registration applications in other states.

Impact on Participants' Future: The proper completion of Form RD-108 ensures the legal ownership and registration of the vehicle, providing individuals with the necessary documentation for vehicle ownership and compliance with state laws.

Submission and Storage: The form is submitted to the Michigan Department of State. It is stored electronically or in physical records for future reference and audit purposes.

Form RD-108 is a fundamental document in the process of vehicle ownership and registration in Michigan. It ensures proper documentation, ownership transfer, and compliance with state regulations.