How to Retire Your Car in California
Retiring your car in California is a process that involves several steps to ensure a smooth transition and to comply with state regulations. Whether you’re looking to replace your vehicle, sell it, or simply remove it from the road, here’s a comprehensive guide on how to retire your car in the Golden State.
1. Assess Your Car’s Condition
Before you begin the retirement process, it’s important to assess your car’s condition. If your vehicle is in good working order, you may consider selling it or donating it to a charity. However, if the car is no longer roadworthy, you may need to have it scrapped or sold for parts.
2. Complete the DMV Retire Your Car Form
To officially retire your car in California, you’ll need to complete the DMV Retire Your Car form (REG 138). This form is available online or at any California Department of Motor Vehicles (DMV) office. Be sure to fill out all required information, including your name, address, vehicle identification number (VIN), and the reason for retirement.
3. Submit the Form to the DMV
Once you’ve completed the form, you’ll need to submit it to the DMV. You can do this in person at a DMV office, by mail, or online if you’re eligible. Be prepared to pay a $15 processing fee when submitting the form.
4. Remove Your License Plates
After you’ve submitted the form and paid the processing fee, you’ll need to remove your license plates from the vehicle. This is important for both legal and environmental reasons. Return the plates to the DMV, and they will issue you a new set of plates for your replacement vehicle.
5. Notify Your Insurance Company
Contact your insurance company to cancel your car insurance policy. This is an important step to ensure you’re not paying for coverage on a vehicle that’s no longer in use. Be sure to ask for a refund of any unused premium.
6. Consider Selling or Donating Your Car
If your car is still in good condition, you may want to consider selling it or donating it to a charity. Selling your car can help you recoup some of the costs associated with retirement, while donating it can provide a tax deduction and support a good cause.
7. Have Your Car Scrapped if Necessary
If your car is no longer roadworthy, you may need to have it scrapped. This process involves taking your car to a certified auto recycler who will dismantle it and recycle the parts. Be sure to remove any personal belongings from the car before taking it to the recycler.
8. Obtain a Certificate of Destruction
Once your car has been scrapped, you’ll need to obtain a Certificate of Destruction from the recycler. This certificate will confirm that your car has been properly retired and will be required if you need to prove the retirement to the DMV or insurance company.
Retiring your car in California is a straightforward process that requires a bit of planning and coordination. By following these steps, you can ensure that your vehicle is legally retired and that you’re in compliance with state regulations.