A bill to give certain rights to consumers purchasing or leasing a used motor vehicle; to create a contract cancellation option agreement; to prescribe requirements for used motor vehicle dealers; and to provide remedies.
House Bill No. 4281 introduces consumer rights for used motor vehicle purchases in Michigan, requiring dealers to offer a contract cancellation option for vehicles priced at $50,000 or less, allowing returns within two days for a refund minus a restocking fee.
Co-sponsored by Reps.
Referred to the Committee on Regulatory Reform