NJ S3309

Requires motor vehicle franchisors to compensate franchisees at least 1.5% of a used vehicle's trade-in value per month when recall parts are unavailable for more than 30 days and a stop-sale or do-not-drive notice has been issued

Mandates the New Jersey Motor Vehicle Commission to include open recall notices with vehicle registration and renewal notices, directing owners to the National Highway Traffic Safety Administration's recall database

Grants standing to dealer associations to sue on behalf of franchisees for violations of the Franchise Practices Act without requiring individual member participation in the lawsuit

Strengthens franchisee reimbursement protections for warranty, recall, and service work by requiring payment at prevailing retail rates for parts and labor, with detailed calculation methods and audit limitations

Prohibits franchisors from charging back claims without written notice explaining the basis, and stays chargebacks if the franchisee challenges them administratively or judicially within 30 days of final notice