This bill allows motor vehicle dealers to charge an administrative fee instead of a documentary fee for services related to vehicle sales.
This bill modifies the fees that motor vehicle dealers can charge customers. Currently, dealers can charge a documentary fee of up to $180 for each vehicle sold. The bill changes this to allow dealers to charge an administrative fee instead, for services related to vehicle sales. The bill also requires dealers to clearly disclose the fee in any vehicle purchase agreement, advertisements, and when making or accepting offers for the vehicle. Violation of these provisions is considered an unlawful practice with potential civil penalties.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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