H 3779
An Act relative to motor vehicle leasing parity
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill aims to establish parity between financing and leasing options for motor vehicles in Massachusetts. Currently, consumers often face different interest rates and terms when financing a car versus leasing, which can be confusing and disadvantageous. The legislation seeks to standardize these practices, ensuring that consumers have equal access to information and comparable terms regardless of whether they choose to finance or lease.
Sponsors
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Primary sponsor
Aaron L. Saunders
Cosponsors
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