Assumptions:
1 odometer statement requires an administrative burden of 1 minute.
The WI fleet would remain consistent moving forward in regards to size and relative age.
The administrative burden is reflective of when the Rule is fully implemented in 10 years.396,023 annual title transaction results in 396,023 minutes or 6,600 hours of administrative burden annually.
According to NHTSA data, 16% of vehicles over 10 years old are sold by motor vehicle dealers. When the Rule is fully implemented, the estimated annual administrative burden for motor vehicle dealers in Wisconsin would be an estimated (6,600 * 16%) 1,056 hours.
Contact Person:
Reed McGinn
Wisconsin Department of Transportation
Division of Motor Vehicles
4822 Madison Yards Way, Room 206
Madison, WI 53705
(608) 266-7857
Signed this ____ day of ______________ 2020
________________________________________________
Craig Thompson
Secretary
State of Wisconsin Department of Transportation