What ownership documents must accompany a wholesale Reports of Sale (ROS)?

The correct answer is the endorsed Certificate of Title or Manufacturer's Certificate of Origin (MCO) because, in a wholesale vehicle sale, it is crucial to provide official proof of ownership transfer. The endorsed Certificate of Title signifies that the seller has legally transferred ownership of the vehicle to the new buyer. This document typically contains the seller's signature, indicating that they have relinquished their rights to the vehicle and that the buyer is now the rightful owner.

In wholesale transactions, the certificate of title is particularly important as it serves as a public record of ownership, which is necessary for registration and compliance with motor vehicle laws. A Manufacturer's Certificate of Origin (MCO) is also acceptable in cases where the vehicle is new or has never been titled before, as it serves a similar purpose in indicating ownership and providing proof of the transaction.

Other documents like a signed bill of sale or a notarized statement from the seller could support the case for ownership transfer but do not replace the necessity of having the endorsed title or MCO, which is fundamental in establishing legal ownership during a vehicle sale. The vehicle registration certificate, while important for current registration status, does not signify the legal transfer of ownership itself, making it less relevant in this context.