MOTOR VEHICLE TRADE PRACTICES 2025

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The document outlines the regulations and practices related to motor vehicle trade in Wisconsin, specifically under Chapter Trans 139. It includes definitions, advertising standards, unfair trade practices, disclosure requirements for vehicle conditions, and stipulations for motor vehicle purchase contracts. The chapter aims to protect consumers by ensuring transparency and fairness in vehicle sales and leases, detailing obligations of dealers regarding warranties, financing, and the handling of liens on traded vehicles.
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Factors that determine the value of your trade-in include your cars mileage, condition, the demand for that particular make and model, and your skill at negotiating a price. The moment a new car leaves the lot, it begins to lose value, which is known as depreciation.
It shall be unlawful for any person to sell or offer for sale or mortgage in this State any vehicle of a type required to be registered and licensed in this State, or any mobile home, unless a certificate of title has been issued therefor and is currently valid; but this provision shall not apply to South Carolina
The Dealers Act provides remedies for acts which cause damage to any of the parties or to the public. These include a private action for money damages and injunctive relief.
South Carolina law holds sellers and other parties liable when they manufacture and sell dangerous or defective products that cause injuries or harm to consumers. As the injured party, you must prove the legal elements of a product liability claim by a preponderance of the evidence.
You have the right to remain silent. You do not have to answer questions except by providing your name and identification if requested. You may also be required to provide your drivers license, registration, and proof of insurance.

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Motor vehicle trade practices pdf Motor vehicle trade practices 2020 Used car problems within 30 days Wisconsin pdf Wisconsin used car dealership laws Wisconsin's motor vehicle trade practice laws Wisconsin motor vehicle purchase contract Wisconsin car Buyers remorse law Wisconsin Lemon Law used cars private party

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People also ask

What NOT to tell a car dealer Story Highlights. Getting more for your trade-in could just increase the price of the new car. Having your own financing will save you money on interest rates. Paying cash may hinder your chances of getting the best deal. Talking about monthly payments might confuse you on the actual car price.
Brakes, steering, suspension, fuel or oil leaks, bent wheels - those are the kinds of things you must disclose. I believe you also have to disclose that the car has been submerged, because thats pretty much unfixable. Sellers who are not naive assume there are things you arent telling them.

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16 CFR Part 455 - PART 455USED MOTOR VEHICLE TRADE REGULATION RULE 455.1 General duties of a used vehicle dealer; definitions. 455.2 Consumer sales

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