Massachusetts H3690 limits motor vehicle dealer documentation fees to $400 for transactions over $2,500.

Massachusetts H3690 amends Chapter 90 of the General Laws to cap the fee a motor vehicle dealer can charge for paperwork related to vehicle sales, financing, and leasing at $400, but only for transactions exceeding $2,500. Dealers charging fees for lower-value transactions face fines and potential license suspension or revocation by the Registry of Motor Vehicles. This bill aims to protect consumers from excessive fees on vehicle transactions.

Massachusetts H3690 limits motor vehicle dealer documentation fees to $400 for transactions over $2,500.

Massachusetts H3690 amends Chapter 90 of the General Laws to cap the fee a motor vehicle dealer can charge for paperwork related to vehicle sales, financing, and leasing at $400, but only for transactions exceeding $2,500. Dealers charging fees for lower-value transactions face fines and potential license suspension or revocation by the Registry of Motor Vehicles. This bill aims to protect consumers from excessive fees on vehicle transactions.