What must dealer to dealer transactions be searchable by?

For dealer-to-dealer transactions, the requirement to be searchable by date and name is crucial for ensuring transparency and accountability within the automotive dealer industry. By having these fields searchable, regulators and authorities can trace the history of transactions, verify compliance with laws and regulations, and investigate any discrepancies or potential fraud.

The date allows for tracking when a transaction took place, which is vital for understanding trends, potential market manipulations, or compliance with reporting requirements. The name of the dealer involved in the transaction is equally important, as it provides a clear chain of accountability and allows for easy identification of parties involved in any dealings.

The other options, while potentially useful for record-keeping or internal purposes, do not fulfill the essential regulatory requirements in the same way. They may cover aspects like the type of vehicle or its condition, but the key factors for regulatory monitoring focus on the identity of the dealers and the timing of the transactions. This is what ensures a well-regulated marketplace, mitigating risks of illicit practices.