Chapter 9 Vehicle Informa

Report
Vehicle Information
Chapter 9
Vehicle Information
Before you drive your car on New Jersey roads, you must:
-Title it
-Register it
-Insure it
Vehicle Title
If you move to NJ, your vehicle must be titled and registered:
-Within 60 days
-Before the out-of-state registration expires
-Whichever comes first
Vehicle Title
How to title a New Car:
A. Generally, the car dealership where the
vehicle was purchased will provide you
with the completed title as a convenience
B. If the dealership does not provide you with
the title, they must provide you with the
manufacturer’s certificate of origin
-If option B, take the certificate of origin to
the NJDMV and pay the required titling fee.
Vehicle Title
How to title a Used Car:
-Often used when buying cars from newspapers,
craigslist, family members, side of road, etc.
1. The title must be taken to the DMV within
10 business days of sale date to avoid $25 fee.
2. Fill out the reverse side of the title with the
seller, be sure to include:
-Buyer’s name and address
-Date of Sale
-Odometer Reading at time of sale
-Sale Price
-Seller’s information
-Signature of buyer and seller
Vehicle Title (Front)
Gary Cop
695 Woodlane Road
Westampton, NJ 08060
Vehicle Title (Back)
Fill-out:
1. Buyer’s Name
and address
2. Seller’s Name
and address
3. Odometer
Reading
4. Odometer Cert.
5. Date Odometer
Read
6. Sale Price
7. Date of Sale
8. Seller’s
Signature
9. Buyer’s
Signature
3
4
1
2
6
8
5
9
7
Vehicle Title
How to title a Used Car (Continued):
3. Bring completed and signed title to
the NJDMV and pay required fee (around $60.00)
4. Pay required sales tax (7%) on purchase to
NJDMV when titling the car.
*Note – Do not pay sales tax to seller*
Example: Used car sales price:
$3,000
Titling Fee:
$60
Sales Tax
$210
______________________________
Total Check to NJDMV
$270
*If Lost or damaged, a title can be replaced at the DMV*
Vehicle Title
Scenario 1: You saved your money like
crazy and were able to purchase a new
Volkswagen Jetta for $13,999.00.
How do you title it?
Scenario 2: You saved your money (not as
crazy) and were able to purchase a used
2005 Ford Focus with 72,537 miles for
$2,000.00 from:
Mr. Gary Cop
695 Woodlane Road
Westampton, NJ 08060
*You may sign for the seller and use
today’s date*
POP QUIZ!
Vehicle Registration
How to complete an Initial Registration for a New Car:
-Generally, most new car dealerships will complete
an initial registration for a buyer along with the
titling process as a convenience.
How to complete an Initial Registration for a Used Car:
1. You must be at least 17 to register a vehicle yourself
2. Bring the signed title from previous owner if the
title has not been transferred to your name yet
3. Bring proof (receipt) that sales tax has been paid
4. Bring current insurance company name and policy
number, if unavailable, insurance must be purchased
prior to registering the vehicle
5. Fill-out a NJ Registration Application
6. Pay the required registration fee (around $75.00)
*New car registration lasts 4 years, all others must be renewed annually*
Vehicle Registration
-Upon vehicle registration, the owner will receive
A set (2) of matching NJ License Plates
-One plate must be attached to the front of the car
and the other must be attached to the rear.
-The rear plate must be lighted and visible from
50 feet at night.
-If any plate is not clearly visible, the driver may
face a fine up to $100
License Plates
-Report lost or stolen plates to local police
-Turn in old plates to any NJ DMV
-Get information on custom plates at any NJ DMV
-Get information on handicap plates at any NJ DMV
-Renew registration every year by mail, internet, or in
person at the NJ DMV
Vehicle Registration
Scenario 1: Your parents purchased you a
brand new Jeep Liberty when you turned 17.
The car is in their name, but will be yours. How
would go about registering it? What
information do you need?
Scenario 2: Your parents purchased you a 2005
Volkswagen Golf for $3,500. The car is in their
name, but will be yours. You are 17 years old.
How do you go about registering it? What
information do you need?
Registration Application Form
Vehicle Inspection
All gasoline powered vehicles must pass a NJ State Inspection at:
A New Jersey Inspection Facility:
-No Charge to Driver
-Generally Long wait times
-May have to drive to get to one
-Closest Free Facility:
617 Hampton Road
Cherry Hill, NJ 08002
Vehicle Inspection
Or, at a State-licensed Private Inspection Facility:
-Driver will be charged fee (around $60)
-Less wait times
-More convenient locations
Vehicle Inspection
Inspection for New Cars:
-1st Inspection 5 years after initial registration
-Inspection every 2 years after initial inspection
Inspection for Used Cars From Out-of-State:
-Inspection necessary within 14 days
of registration
Inspection for Used Cars From New Jersey:
-Inspection upon expiration of current
inspection sticker (14 days if expired)
-Inspection every 2 years
Vehicle Inspection
Critical Thinking:
A
A: If purchased new, what month and
year was this car purchased?
November 2007
B: If this car was purchased used today,
when would you have to get it inspected?
By November 30, 2012
C: If this car was purchased used today, when
would you have to get it inspected by?
14 days after registration
D: If this car was purchased used in New Jersey
but has PA inspection that does not expire until
Dec. 2012, when would you have to get it
inspected by?
14 days after registration
B
C
D
Vehicle Inspection
When you go to inspection, you must have:
-Valid License
-Valid Registration
-Valid Insurance
(You will fail if any of these documents are not present)
Your vehicle will be tested for:
-Brake suspension
-Steering
-Wheel Alignment
-Safety Features
-Emissions
(will fail if “check engine” light on)
-Gas cap seal
Vehicle Inspection
If your car fails inspection:
-You have 30 days from the last
day of the month on the current
inspection sticker to make repairs
-In that 30 days you must bring
the car back for re-inspection
-All repair work receipts must
be presented at re-inspection
-All emission repairs must be
completed at a state-approved
emission repair facility
Vehicle Inspection
Driving a vehicle with an expired inspection:
-fine from $100 to $200
-possible 30 days in jail
-possible loss of registration privileges
Insurance
True or False: All types of Vehicle Insurance are
required in the state of NJ?
Answer: False
The only required type of vehicle insurance is?
Liability
What is Liability Insurance?
Liability insurance protects you from damage
you do to others (injure them in an accident) or
damage you do to property (driving through a
storefront)
Insurance
What are the other types of Insurance?
Collision Auto Insurance
-Pays for damages to your car from accidents
involving other cars or objects
-Will pay actual cash value of car based on
age, purchase price and condition
-Most expensive form of insurance
-Not a required form of insurance
Insurance
Comprehensive Auto Insurance:
-Pays for damages to your car that aren’t
caused by a collision, for example:
-Storms and Natural Disasters
-Vandalism and Theft
-Animal Damage
-Broken Windshields
-Falling Objects
-Not a required form of insurance
Insurance
Uninsured/Underinsured Motorist Coverage:
-Protects you financially if you are in an
accident with someone who is at fault
and has no insurance or insufficient coverage
-Not a required form of insurance
Insurance
Make a Decision:
-Decide what coverage(s) you want based
on price, condition and age of your car
-With newer cars, collision/comprehensive
coverage is a good idea
Comprehensive/Collision Recommended
Value: $55,000
-With older cars, your deductible may be
the same value as the whole car
How to get insurance:
-Have your parent/guardian add you to their
policy (will be least expensive option if
parent/guardian is willing to add you)
-Purchase your own policy (will be most
expensive option, search many companies for
the best price)
Liability only recommended
Value: $500
Insurance
Researching Price:
-Log onto auto insurance websites
-Have Vehicle Information:
-Make
-Model
-Year
-Condition
-VIN
-Miles
-Get Quotes and Compare
-Tickets, points, and accidents
will all increase rates
-Good grades, alarm systems, antilock
brakes, and airbags will decrease rates
Let’s see how to get a quote online…
Your Auto Quote (Complete) (or $138.88 /mo) $1,666.60/year
Drivers
Gary Cop
Alyssa Cop
2010 KIA RIO 5D RIO5
6 MONTH PREMIUM $833.30
Bodily Injury
Lawsuit Option
Property Damage
Principal PIP
Principal PIP - Med Exp Only
Extra PIP Package
Income Continuation
Extended Medical Payments
Uninsured Motorist Bod. Injury
Uninsured Motorist Prop. Damage
Comprehensive
Collision
Towing & Road Service
Glass Deductible Buyback
Collision Plus/Loss of Use K5
LIMITS/DEDUCTIBLES
COSTS
$250,000/$500,000
Limit
$250,000
$250,000/$500,000
No Coverage
Coverage
$250/$26,000
$10,000,000
$250,000/$500,000
$250,000/500
$250
$250
Coverage
No Coverage
Coverage
$211.70
$0.00
$82.40
$134.80
$0.00
$16.00
$0.00
$1.00
$47.10
$12.90
$40.80
$190.40
$8.50
$0.00
$87.70

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