Massachusetts H373 amends motor vehicle financing laws to prohibit dealers from withholding funds and securing exclusive financing for vehicle.
Massachusetts H373 amends the state's consumer protection laws to change how motor vehicle financing is handled. The bill prohibits dealers from withholding funds and securing exclusive financing for vehicle purchases, aiming to protect consumers from certain financing practices. This change affects consumers purchasing motor vehicles in Massachusetts.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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