WA Rev Code § 46.70.120 (2021)
2021 Revised Code of Washington|Title 46 - Motor Vehicles|Chapter 46.70 - Dealers and Manufacturers.|46.70.120 - Record of transactions.

RCW 46.70.120 Record of transactions.A dealer shall complete and maintain for a period of at least five years a record of the purchase and sale or lease of all vehicles purchased, sold, or leased by him or her. The records shall consist of:(1) The license and title numbers of the state in which the last license was issued;(2) A description of the vehicle;(3) The name and address of the person from whom purchased;(4) The name of the legal owner, if any;(5) The name and address of the purchaser or lessee;(6) If purchased from a dealer, the name, business address, dealer license number, and resale tax number of the dealer;(7) The price paid for the vehicle and the method of payment;(8) The vehicle odometer disclosure statement given by the seller to the dealer, and the vehicle odometer disclosure statement given by the dealer to the purchaser or lessee;(9) The written agreement to allow a dealer to sell between the dealer and the consignor, or the listing dealer and the seller;(10) Trust account records of receipts, deposits, and withdrawals;(11) All sale documents, which shall show the full name of dealer employees involved in the sale or lease; and(12) Any additional information the department may require. However, the department may not require a dealer to collect or retain the hardback copy of a temporary license permit after the permanent license plates for a vehicle have been provided to the purchaser or lessee, if the dealer maintains some other copy of the temporary license permit together with a log of the permits issued.Such records shall be maintained separate from all other business records of the dealer. Paper records older than two years may be kept at a location other than the dealer's place of business if those records are made available in hard copy for inspection within three calendar days, exclusive of Saturday, Sunday, or a legal holiday, after a request by the director or the director's authorized agent. Records kept at the vehicle dealer's place of business must be available for inspection by the director or the director's authorized agent during normal business hours. Records shall be kept in paper form for one year and, after such time, may be kept solely as electronic records and not as hard copies as long as such electronic records can be accessed by computer at the dealer's place of business during normal business hours for the remainder of the five-year retention period. Records that originate as electronic records may be retained as electronic records with no paper form and must be accessible by computer at the dealer's place of business for at least five years. The director may adopt rules necessary to implement electronic records retention.Dealers may maintain their recordkeeping and filing systems in accordance with their own particular business needs and practices. Nothing in this chapter requires dealers to maintain their records in any particular order or manner, as long as the records identified in this section are maintained in the dealership's recordkeeping system.[ 2016 sp.s. c 16 § 1; 2001 c 272 § 7; 1996 c 282 § 4; 1990 c 238 § 7; 1986 c 241 § 16; 1973 1st ex.s. c 132 § 15; 1961 c 12 § 46.70.120. Prior: 1951 c 150 § 15.]NOTES:Effective date, implementation—1990 c 238: See note following RCW 46.12.530.Odometer disclosure statement: RCW 46.12.665.