Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and costs in vehicle financing arrangements. Mandatory compliance for all credit-based vehicle purchases.
FTC Used Car Rule: Federal Trade Commission regulation requiring dealers to display Buyer's Guide and disclose warranty information for used vehicles.
Magnuson-Moss Warranty Act: Federal law governing consumer product warranties, requiring clear and detailed disclosure of warranty terms and conditions for vehicles.
Federal Odometer Act: Federal legislation requiring accurate disclosure of vehicle mileage and imposing penalties for odometer tampering.
State Vehicle Sales Laws: State-specific regulations governing vehicle sales, including registration requirements and title transfer procedures. Varies by jurisdiction.
State Consumer Protection Laws: State-level laws including lemon laws, dealer licensing requirements, and potential cooling-off periods for vehicle purchases.
State Contract Laws: State-specific requirements for valid contracts, including signature requirements and mandatory disclosures in vehicle sales agreements.
Uniform Commercial Code (UCC): State-adopted commercial laws, particularly Article 2, governing sales of goods, warranty provisions, and contract formation rules for vehicle sales.
DMV Requirements: Department of Motor Vehicles regulations regarding title transfer procedures, registration requirements, and mandatory state-specific forms.
Environmental Regulations: Federal and state environmental standards, including emissions requirements and environmental certification for vehicles.
Insurance Requirements: State-mandated insurance coverage minimums and regulations regarding proof of insurance for vehicle purchases and operation.
