Form MV347 "Document Fee Credit/Refund Application" - Delaware

What Is Form MV347?

This is a legal form that was released by the Delaware Department of Transportation - Division of Motor Vehicles - a government authority operating within Delaware. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on May 1, 2018;
  • The latest edition provided by the Delaware Department of Transportation - Division of Motor Vehicles;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form MV347 by clicking the link below or browse more documents and templates provided by the Delaware Department of Transportation - Division of Motor Vehicles.

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Download Form MV347 "Document Fee Credit/Refund Application" - Delaware

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STATE OF DELAWARE
DIVISION OF MOTOR VEHICLES
P.O.BOX 698, DOVER, DE 19903
ATTN: FINANCIAL SERVICES
(302) 744-2512
DOCUMENT FEE CREDIT/REFUND APPLICATION
WARNING: The credit/refund will not be approved unless you comply with the time frames in Items 1g and 1h
below.
In most cases credit should be given at time of titling. Only one credit vehicle will be accepted per new vehicle
purchased. If credit is not applied for at the time of titling of your new vehicle, a refund check will be processed, if
applicable, by the State Treasurer’s Office. Processing time is 12 to 15 weeks from the date of titling.
1. THE FOLLOWING ELIGIBILITY CRITERIA IS USED TO DETERMINE APPROVAL OF ALL APPLICATIONS:
a. Credit was not given at time of titling of new vehicle.
b. Lease turn-In (trade-in) with proof of residual value of vehicle turned/traded-in.
c. Total loss settlements with proof of actual cash value (ACV) paid by insurance company. One year to obtain
new vehicle, once vehicle is titled, application must submitted within fifteen (15) days after titling.
d. Credit (Sold) vehicle must be Delaware-titled vehicle.
e. Credit (Sold) vehicle must be in the same name as the applicant completing this form and titling new vehicle.
f. New vehicle purchased/leased must be titled in Delaware.
g. Sale of credit vehicle must be within sixty (60) days prior to, or sixty days (60) after titling date of new
vehicle. (If the sale is prior to titling of new vehicle, this form should be submitted with the new vehicle
title work for immediate credit.)
h. Sale of credit vehicle after titling new vehicle requires applicant to submit this request within fifteen (15)
days after the sale. Sale of credit vehicle prior to titling new vehicle requires applicant to submit this request
within fifteen (15) days after titling of new vehicle.
Title to the credit/refund vehicle must be transferred into the new owner’s name, or you must notify DMV
i.
that the vehicle was sold/transferred before any refund is processed. This can be accomplished by completing
the Seller’s Report of Sale portion on the Title for the credit vehicle and submitting it to DMV.
j.
Credit shall be given for only 1 motor vehicle or Trailer per application. (Title 30 3001 Delaware Code)
2. REQUIRED DOCUMENTATION:
a. INSURANCE SETTLEMENTS: If the credit vehicle was deemed a total loss by the insurance company, you
must have a signed letter from the insurance company on their stationary (letterhead) stating:
1) Your name
2) Vehicle Make, Model and Year
3) Vehicle Identification Number (VIN) or Serial Number
4) Amount paid as the actual cash value (before deductible)
b. LEASE TURN-IN (TRADE-IN): Copy of the original lease on credit vehicle or a letter from the leasing
company indicating the residual value of the vehicle at lease turn-in.
c. VEHICLES SOLD OUT OF STATE: Submit the Sellers Report of Sale portion of the Title for the credit
vehicle to the nearest DMV office. If you do not have this form, submit a signed letter with this application
stating the following:
1) Buyers name and address
2) Selling price of the vehicle
3) Vehicle Make, Model and Year
4) Vehicle Identification Number (VIN) or Serial Number
5) Date vehicle was sold
IF YOU MEET THE CRITERIA STATED, PLEASE COMPLETE THE REVERSE SIDE OF THIS FORM, AND
MAIL IT TO THE ADDRESS ABOVE.
MV347
(Revised 5/18)
STATE OF DELAWARE
DIVISION OF MOTOR VEHICLES
P.O.BOX 698, DOVER, DE 19903
ATTN: FINANCIAL SERVICES
(302) 744-2512
DOCUMENT FEE CREDIT/REFUND APPLICATION
WARNING: The credit/refund will not be approved unless you comply with the time frames in Items 1g and 1h
below.
In most cases credit should be given at time of titling. Only one credit vehicle will be accepted per new vehicle
purchased. If credit is not applied for at the time of titling of your new vehicle, a refund check will be processed, if
applicable, by the State Treasurer’s Office. Processing time is 12 to 15 weeks from the date of titling.
1. THE FOLLOWING ELIGIBILITY CRITERIA IS USED TO DETERMINE APPROVAL OF ALL APPLICATIONS:
a. Credit was not given at time of titling of new vehicle.
b. Lease turn-In (trade-in) with proof of residual value of vehicle turned/traded-in.
c. Total loss settlements with proof of actual cash value (ACV) paid by insurance company. One year to obtain
new vehicle, once vehicle is titled, application must submitted within fifteen (15) days after titling.
d. Credit (Sold) vehicle must be Delaware-titled vehicle.
e. Credit (Sold) vehicle must be in the same name as the applicant completing this form and titling new vehicle.
f. New vehicle purchased/leased must be titled in Delaware.
g. Sale of credit vehicle must be within sixty (60) days prior to, or sixty days (60) after titling date of new
vehicle. (If the sale is prior to titling of new vehicle, this form should be submitted with the new vehicle
title work for immediate credit.)
h. Sale of credit vehicle after titling new vehicle requires applicant to submit this request within fifteen (15)
days after the sale. Sale of credit vehicle prior to titling new vehicle requires applicant to submit this request
within fifteen (15) days after titling of new vehicle.
Title to the credit/refund vehicle must be transferred into the new owner’s name, or you must notify DMV
i.
that the vehicle was sold/transferred before any refund is processed. This can be accomplished by completing
the Seller’s Report of Sale portion on the Title for the credit vehicle and submitting it to DMV.
j.
Credit shall be given for only 1 motor vehicle or Trailer per application. (Title 30 3001 Delaware Code)
2. REQUIRED DOCUMENTATION:
a. INSURANCE SETTLEMENTS: If the credit vehicle was deemed a total loss by the insurance company, you
must have a signed letter from the insurance company on their stationary (letterhead) stating:
1) Your name
2) Vehicle Make, Model and Year
3) Vehicle Identification Number (VIN) or Serial Number
4) Amount paid as the actual cash value (before deductible)
b. LEASE TURN-IN (TRADE-IN): Copy of the original lease on credit vehicle or a letter from the leasing
company indicating the residual value of the vehicle at lease turn-in.
c. VEHICLES SOLD OUT OF STATE: Submit the Sellers Report of Sale portion of the Title for the credit
vehicle to the nearest DMV office. If you do not have this form, submit a signed letter with this application
stating the following:
1) Buyers name and address
2) Selling price of the vehicle
3) Vehicle Make, Model and Year
4) Vehicle Identification Number (VIN) or Serial Number
5) Date vehicle was sold
IF YOU MEET THE CRITERIA STATED, PLEASE COMPLETE THE REVERSE SIDE OF THIS FORM, AND
MAIL IT TO THE ADDRESS ABOVE.
MV347
(Revised 5/18)
Document Fee Refund Form MV347
ALL BLANKS MUST BE FILLED IN OR THE APPLICATION WILL BE DENIED
SEE INSTRUCTIONS ON REVERSE SIDE OF APPLICATION
PLEASE PRINT ALL INFORMATION LEGIBLY
Sale of credit vehicle after titling new vehicle, requires applicant to submit this request within fifteen (15) days after the
sale. Sale of credit vehicle prior to titling new vehicle, requires applicant to submit this request within fifteen (15) days
after titling of new vehicle.
I the, undersigned, do hereby certify, under penalty of perjury, that I PURCHASED the following described vehicle that
has been titled in my name within the 60-day time limit described on the reverse side of this form.
TAG #:_____________________
MAKE/MODEL & YEAR:_____________________________________
VIN/SERIAL NUMBER:_____________________________________________________________________
YOUR NAME (S) AS IT APPEARS ON THE TITLE: _____________________________________________
STREET ADDRESS: _______________________________________________________________________
CITY: ___________________________________________
ZIP CODE: __________________________
DAYTIME PHONE #: _______________________________________________________________________
I the, undersigned, do hereby certify, under penalty of perjury, that I SOLD/LEASE TURN-IN/TOTAL LOSS the
following described vehicle that was titled in my name. All information will be verified through DMV records.
TAG #:_____________________
MAKE/MODEL & YEAR:_____________________________________
VIN/SERIAL NUMBER:_____________________________________________________________________
BUYER’S NAME (S)/INSURANCE
COMPANY:______________________________________________________________________
STREET ADDRESS: _______________________________________________________________________
CITY: ___________________________________________
ZIP CODE: __________________________
PURCHASE PRICE: ____________________________ DATE OF SALE: ___________________________
APPLICANTS SIGNATURE: ________________________________________
DATE: ___________________
FOR AUDIT USE ONLY ***(Do not write below this line)***
NEW VEHICLE
Date Titled: ______________________________________
Doc Fee Paid: _____________________________________
Refund Amt: _____________________________________
Reason for Denial: __________________________________________________________________________________________
Revised 05/2018
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