Get Mi Vehicle Dealer Closeout Statement 2023-2025

Filling out the Michigan Vehicle Dealer Closeout Statement is an important step for licensed vehicle dealers discontinuing business. This guide provides straightforward instructions to help you complete the form accurately and efficiently online.

Follow the steps to fill out the MI Vehicle Dealer Closeout Statement.

1. Click the ‘Get Form’ button to access the form and open it in the editor.
2. Begin by entering your name in the 'Licensee Name' field. This should be the individual who holds the dealer license.
3. Next, indicate your title in the field labeled 'Listed Owner, Director, Member, Partner, etc.' Ensure this information accurately reflects your position in the dealership.
4. In the 'Name of Dealer' section, provide the official name of the dealership as it appears on the business license.
5. Fill in the 'License number' associated with your dealership. This is essential for identification purposes.
6. Specify the effective date of your business discontinuation in the 'Date' field.
7. Indicate your plans for disposing of any remaining vehicle inventory by checking the appropriate options: 'Selling at wholesale' and/or 'Paying the proper amount of tax and titling and registering the vehicles to myself.'
8. Certify the surrender of your wall license and dealer plates. If applicable, list any dealer plates surrendered below.
9. You will need to indicate whether you have surrendered these items to a representative or mailed them. Provide the field agent’s name and the relevant date if applicable.
10. Record any license plate numbers that were surrendered and mention any that are currently missing. Acknowledge your responsibility to report lost or stolen plates as required.
11. List any outstanding deals yet to be processed including customer names, vehicle makes, VINs, and sale dates.
12. Provide your record maintenance address, including city, zip code, and phone number, as required by law.
13. Finally, certify the accuracy of your information by providing your signature and title along with the date.
14. Submit the completed form as instructed, ensuring all changes are saved. After submission, you may have options to download, print, or share the form.

Complete your MI Vehicle Dealer Closeout Statement online today for a smooth business transition.