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1995 SESSION

  • print version
(HB2185)

GOVERNOR'S RECOMMENDATION

    1. Page 1, enrolled, § 46.2-1529.1, subsection A, third line, after offers

      strike

        a

      insert

        an express

    2. Page 1, enrolled, § 46.2-1529.1, subsection A, fourth line, after shall be

      strike

        conspicuous and contained on the front of the buyer's order and printed in not less that bold, ten-point type and signed by the buyer.

      insert

        the Buyer's Guide required by federal law, shall be completely filled out and, in addition, signed and dated by the buyer and incorporated as part of the buyer's order.

    3. Page 1, enrolled, § 46.2-1529.1, subsection B, first line, after warranties

      insert

        , except for those warranties provided under § 59.1-207.9 et seq.,

    4. Page 1, enrolled, § 46.2-1529.1, subsection B, seventh line, at the end of the section

      insert

        A fully completed Buyer's Guide, as required by federal law, shall be signed and dated by the buyer and incorporated as part of the buyer's order.

    5. Page 1, enrolled, § 46.2-1529.1, subsection C, fifth line, after case,

      strike

        the dealer shall return to the buyer any down payment and/or trade-in he submitted to the dealer, provided the purchased vehicle is returned to the dealer in the same condition as delivered to the buyer, normal wear and tear excepted.

      insert

        the buyer shall have the right to return the vehicle to the dealer and obtain a full refund of all payments made toward the purchase of the vehicle, less any damage to the vehicle incurred while ownership was vested in the purchaser, and less a reasonable amount for the use not to exceed one-half the amount allowed per mile by the Internal Revenue Service, as provided by regulation, revenue procedure, or revenue ruling promulgated pursuant to § 162 of the Internal Revenue Code, for use of a personal vehicle for business purposes.

    6. Page 1, enrolled, § 46.2-1529.1, subsection C, line 8, after included

      strike

        as part of every disclosure made under subsection A or B of this section.

      insert

        on the Buyer's Order, in no less than ten-point bold face type: THIS SALE IS CONDITIONED ON AN ACCURATE DISCLOSURE OF ANY WARRANTY PROVIDED WITH THE SALE OF THIS USED VEHICLE, IF THE DEALER FAILS TO PROPERLY DISCLOSE THE WARRANTY OR THE LACK OF A WARRANTY, YOU MAY CANCEL THIS SALE WITHIN 30 DAYS FOR A FULL REFUND.