๐จ Californiaโs new CARS Act is now in effect, forcing dealers to be far more transparent about pricing, financing, add-ons and the actual terms of a vehicle deal.
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Dealers must disclose the vehicleโs total price in ads and in the first written communication involving a specific car or financing discussion.
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Optional products like GAP coverage, service contracts and theft protection also have to be clearly identified as optional, and dealers cannot charge buyers for add-ons that provide no meaningful benefit.
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The law also prohibits dealers from materially misrepresenting pricing, financing or lease costs, vehicle availability, trade-in values, down payments and add-on products.
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Qualifying used vehicles priced at $50,000 or less now come with a three-calendar-day cancellation right, although mileage, condition and restocking requirements still apply.
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Dealers also have to maintain key advertisements, pricing disclosures, customer communications, add-on consents and canc...
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