The Used Car Buyers Bill of Rights is designed to enhance consumer protection for individuals purchasing used motor vehicles in New Jersey. It prohibits dealers from selling or offering used vehicles under misleading terms, such as "certified," if the vehicles have undisclosed issues like odometer discrepancies or prior damage. The bill requires dealers to provide a contract cancellation option agreement, allowing consumers to return the vehicle without cause within a specified timeframe, with exceptions for high-value or salvaged vehicles. Additionally, it mandates clear notices regarding the cancellation policy in contracts and in sales offices, ensuring consumers are well-informed.

The legislation also amends existing laws to clarify warranty requirements based on mileage, ensuring consumers receive a minimum warranty period depending on the vehicle's condition. It specifies that dealers must provide written warranties and outlines penalties for failing to comply. Key amendments include the exclusion of certain vehicles from the bill's provisions, such as those sold for less than $3,000, those over seven model years old, and those with over 125,000 miles. The bill aims to create a more transparent and fair marketplace for used car buyers, enhancing their rights and the clarity of vehicle conditions.

Statutes affected:
Introduced: 56:8-68, 56:8-69, 56:8-74, 56:8-76, 56:8-73