Signed by Governor Gavin Newsom

Vote Smart's Synopsis:

Vote to concur with House amendments and pass a bill that prohibits misleading practices in the auto-sale industry in California.

Highlights:

• Prohibits the dealer from misrepresenting information about the costs or payment information of the vehicle and the costs and benefits of add-on services (Sec. 1).

• Prohibits the dealer from charging for an add-on product or service if the purchaser would not benefit from the service (Sec. 1).

• Requires dealers to provide a 3-day right to cancel the purchase for used vehicles sold for $50,000 or more (Sec. 1).

• Requires dealers to provide information regarding the right to obtain a copy of the agreement at any time and under what conditions the vehicle may be repossessed before signing (Sec. 2).

• Establishes requirements for how the lease contract must be formatted and what it must contain (Sec. 4).

Full Bill Text

Vote Smart's Synopsis:

Vote to amend and pass a bill that prohibits misleading sales practices in the auto-sale industry in California.

Highlights:

• Prohibits the dealer from misrepresenting information about the costs or payment information of the vehicle and the costs and benefits of add-on services (Sec. 1).

• Prohibits the dealer from charging for an add-on product or service if the purchaser would not benefit from the service (Sec. 1).

• Requires dealers to provide a 3-day right to cancel the purchase for used vehicles sold for $50,000 or more (Sec. 1).

• Requires dealers to provide information regarding the right to obtain a copy of the agreement at any time and under what conditions the vehicle may be repossessed before signing (Sec. 2).

• Establishes requirements for how the lease contract must be formatted and what it must contain (Sec. 4).

Full Bill Text