CT HB06544

Caps dealer conveyance fees (processing fees) at 1% of the motor vehicle's selling price, effective October 1, 2023

Requires dealers to separately state the conveyance fee in quoted prices and disclose that the fee is negotiable

Prohibits dealers from adding conveyance fees to the selling price after the buyer signs the purchase order

Mandates that conveyance fees and a statement that they are not payable to the state must appear in at least 10-point bold type on both the order and invoice

Bars dealers from charging preparation fees for items reimbursed by manufacturers or services not specifically ordered by the buyer