Massachusetts H3348 limits motor vehicle dealer documentation fees to $400 and penalizes dealers charging less than $2,500.

Massachusetts H3348 sets a cap of $400 on fees that motor vehicle dealers can charge for paperwork related to vehicle sales, financing, leasing, insurance, liens, warranties, and disclosures. Dealers charging less than $2,500 for such documentation face fines and potential license suspension or revocation by the Registry of Motor Vehicles. This bill aims to protect consumers from excessive fees while ensuring dealers are fairly compensated for their services.

Massachusetts H3348 limits motor vehicle dealer documentation fees to $400 and penalizes dealers charging less than $2,500.

Massachusetts H3348 sets a cap of $400 on fees that motor vehicle dealers can charge for paperwork related to vehicle sales, financing, leasing, insurance, liens, warranties, and disclosures. Dealers charging less than $2,500 for such documentation face fines and potential license suspension or revocation by the Registry of Motor Vehicles. This bill aims to protect consumers from excessive fees while ensuring dealers are fairly compensated for their services.