Massachusetts H297 amends motor vehicle financing laws to prohibit dealers from withholding approval and restricting financing sources.
Massachusetts H297 amends existing law to change how motor vehicle dealers handle financing. It prohibits dealers from withholding approval of a motor vehicle purchase and restricts consumers from securing financing from sources other than the dealer. These changes aim to protect consumers in the motor vehicle purchasing process.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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