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Welcome to the website of the Consumer Motor Vehicle Recovery Corporation
In July of 2008, the California legislature created the Consumer Motor Vehicle Recovery Corporation
(CMVRC). The CMVRC has established a Consumer Recovery Fund for the payment of
claims by California consumers who suffer losses after July 1, 2008, as a result of a California
licensed dealer or lessor-retailer of motor vehicles who has filed for bankruptcy or is no longer
selling and leasing vehicles to the public, and has failed to:
remit license or registration fees received or contractually
obligated to be paid from a consumer to the Department of Motor Vehicles (DMV)
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pay to the legal owner of a vehicle transferred as a trade-in
by a consumer to the dealer or lessor-retailer the amount necessary
to discharge the prior credit balance owed to the legal owner
pay to the lessor registered in accordance with
California Vehicle Code Section 4453.5
of a vehicle transferred as a trade-in by a consumer to the dealer
or lessor-retailer the amount the dealer or lessor-retailer agreed to
pay to the lessor
pay the amount specified in a consignment agreement to a
consumer after the sale of a consigned vehicle
The CMVRC reviews and processes all claims made against the Recovery Fund. The CMVRC is a Private Corporation governed by the California Motor Vehicle Code and the Bylaws of the CMVRC. It is not a government agency or an insurance company. It is not associated with or controlled by any dealer or lessor-retailer of motor vehicles, nor does it represent any dealer or lessor-retailer of motor vehicles.
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