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NJ S1725

Bill

Status

Introduced

1/9/2024

Primary Sponsor

Paul Moriarty

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Prohibits dealers from selling used motor vehicles "as is" to consumers, except for vehicles declared a total loss or issued a salvage certificate of title

  • Requires dealers to offer a contract cancellation option agreement allowing consumers to return used vehicles priced under $40,000 without cause within at least 2 days and 250 miles of purchase, with option fees ranging from $75-$400 depending on vehicle price

  • Expands mandatory warranty requirements: 90 days/3,750 miles for vehicles under 40,000 miles; 60 days/2,500 miles for 40,000-80,000 miles; 30 days/1,250 miles for 80,000-125,000 miles; implied warranties only for vehicles over 125,000 miles

  • Makes it unlawful to sell a used vehicle as "certified" if the dealer knows of odometer tampering, lemon law buybacks, flood/salvage titles, frame damage, or fails to provide a completed inspection report

  • Requires dealers to post conspicuous notices at their business locations and in contracts stating there is no cancellation period unless the consumer obtains a contract cancellation option

Legislative Description

"Used Car Buyers' Bill of Rights"; prohibits certain "as is" sales of used motor vehicles.

Commerce

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee

1/9/2024

Committee Referrals

Commerce1/9/2024

Full Bill Text

No bill text available