MARVIN MANDEL, Governor

3091

Vehicle Laws — Sales Contracts

FOR the purpose of requiring contracts for the sale of
new vehicles to contain the price , manufacturer's
code, or stock number, and description of extra
items [[ordered by the purchaser without the use of
any code]] or charge not included within the base
price of the vehicle ordered by the buyer; requiring
certain persons to advise the buyer of certain
matters regarding extra items: and clarifying
language.

BY repealing and re-enacting, with amendments,

Article 66 1/2 — Vehicle Laws

Section 5—402

Annotated Code of Maryland

(1970 Replacement Volute and 1971 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 5-402 of Article 66 1/2 - Vehicle
Laws, of the Annotated Code of Maryland (1970 Replacement
Volume and 1974 Supplement) be and it is hereby repealed
and re—enacted, with amendments, to read as follows:

Article 66 1/2 — Vehicle Laws

5-402.

(a) Every contract for the sale of any vehicle by a
dealer or salesman shall set forth clearly [therein] IN
IT the principal amount of the cost of the vehicle and
all interest or other charges made in connection with the
sale of the vehicle,

(B) (1) EVERY CONTRACT FOR THE SALE OF ANY NEW
VEHICLE SHALL [[CONTAIN THE PRICE AND A SPECIFIC
DESCRIPTION OF EACH EXTRA ITEM OR PIECE OF EQUIPMENT, NOT
INCLUDED WITHIN BASE PRICE, ORDERED BY THE PURCHASER.
THE DEALER OR SALESMAN MAY NOT USE ANY CODE IN DESCRIBING
THE EXTRA ITEM OR PIECE OF EQUIPMENT[[.]] TO THE BUYER]]
SET FORTH THE PRICE, MANUFACTURER'S CODE, OR STOCK NUMBER
AND A CLEAR AND SPECIFIC DESCRIPTION OF EACH EXTRA ITEM
OR CHARGE NOT INCLUDED WITHIN THE BASE PRICE OF THE
VEHICLE ORDERED BY THE BUYER.

(2) A DEALER SHALL ADVISE THE BUYER OF; (I) ANY
EXTRA ITEMS ORDERED BY THE BUYER NOT ON THE MOTOR VEHICLE
WHEN THE MOTOR VEHICLE ARRIVES FOR DELIVERY, AND OF (II)
ANY EXTRA ITEMS ON THE MOTOR VEHICLE WHICH THE BUYER DID
NOT ORDER, AND (III) THE COST OF THE ITEMS.