This bill amends existing legislation regarding the business hours of licensed used motor vehicle dealers, specifically those operating within multi-dealer locations. It mandates that these dealers maintain a minimum of four business hours per week, from Monday to Saturday, between 9:00 a.m. and 5:00 p.m. During these hours, either the licensee or an authorized signatory must be present at the established place of business. Additionally, a multi-dealer representative is required to be physically present at the location from Monday to Friday during the same hours, and this representative does not need to be an authorized signatory for any specific motor vehicle dealer.

The bill also provides a definition for "multi-dealer location," describing it as a single structure containing multiple office spaces where different businesses operate used motor vehicle dealerships, in compliance with regulations set by the New Jersey Motor Vehicle Commission. This legislative change aims to ensure that licensed used motor vehicle dealers are accessible to customers during specified hours, thereby enhancing consumer protection and service in the used vehicle market.

Statutes affected:
Introduced: 39:10-19