California Buyers Bill of Rights
California Car Buyers Bill of Rights
Dealers Must Provide Itemized Price List for Financial
Items, Such as Warranties and Insurance
Dealers Must
Provide Buyers their Credit Score With An Explanation of How
It Is Used
Must Offer Contract Cancellation Option
Does Not Apply to Motorcycles, Off-highway Motor Vehicles,
And Transactions Between Private Party Transactions That Do
Not Involve A Dealer
Buyer May Purchase Two Day Contract
Cancellation Option
Required on Some Used Vehicles
Applies Only to Vehicles Priced Less than $40,000
Cancellation Options Pricing Agreement
Restocking
Fees
Restocking Fee is Based on Cash Price of Vehicle
Restocking Fee is NOT Subject to Sales or Use Tax
Restocking Options Pricing Agreement
Buyer
Responsibilty Upon Cancellation
Signed Statement
Indicating Cancellation
Restocking Fee Specified in
Contract Less Cost of Buyer Cancellation Option Price
All
Documents Provided During Vehicle Sale Transaction
All
Original Vehicle Title & Registration Documents
Questions
Regarding Car Buyer’s Bill of Rights call 800-400-7115
Car Buyers Bill of Rights Exemptions
Does Not Apply
to Motorcycles
Does Not Apply to Off Highway Vehicles
Does Not Apply to Private Sales Between Individuals
We are here to help you maintain your California Dealership Compliance!
