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

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California Dealer License

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Automobile Dealer Training Association