HF 2824

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/24/2022 06:29pm

A bill for an act
relating to consumer protection; requiring disclosure of used motor vehicle pricing;
amending Minnesota Statutes 2020, section 325F.662, by adding a subdivision.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2020, section 325F.662, is amended by adding a subdivision
to read:

new text begin Subd. 8b. new text end

new text begin Price disclosure. new text end

new text begin (a) A dealer must prominently display the price of a used
motor vehicle so that a consumer has access to the price before expressing interest in the
used motor vehicle or engaging in a transaction to purchase the used motor vehicle.
new text end

new text begin (b) For purposes of this subdivision, a dealer prominently displays a used motor vehicle's
price by: (1) displaying the vehicle's price in large print on the vehicle's windshield; (2)
clearly indicating the price on the dealer's website; or (3) any other equivalent means that
provides a consumer adequate notice of the vehicle's price without directly engaging the
dealer or one of the dealer's employees.
new text end