HB 2503
An Act amending Title 12 (Commerce and Trade) of the Pennsylvania Consolidated Statutes, in motor vehicle sales finance, providing for return and refund of motor vehicles.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends Pennsylvania law to establish a process for used motor vehicle purchasers to return and receive a refund from dealers. It creates a ‘return and refund of motor vehicles’ subchapter within the state’s motor vehicle sales finance regulations. The bill outlines requirements for dealers to provide information to buyers, offer refunds or allowances for vehicle use, and establishes a civil cause of action for buyers who experience non-compliance.
Key provisions
- Defines key terms like ‘Dealer’ and ‘Purchaser’.
- Requires dealers to provide buyers with information about their return and refund obligations.
- Establishes a process for dealers to offer refunds or allowances for vehicle use, capped at 10¢ per mile or 10% of the purchase price.
- Allows dealers to retain a reasonable allowance if the vehicle sustains damage known or foreseeable by the dealer.
- Sets a timeframe of 30 days for dealers to provide refunds or allowances.
- Specifies conditions under which a refund is not granted, such as substantial differences in vehicle condition affecting safety.
- Provides a civil cause of action for buyers who experience non-compliance, including the potential for attorney’s fees.
- Clarifies that violations of this subchapter are considered violations of the Unfair Trade Practices and Consumer Protection Law.
Who is affected
- Used Motor Vehicle Dealers
- Consumers Purchasing Used Motor Vehicles
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Manuel Guzman
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