ROBERT L. EHRLICH, JR., Governor                             Ch. 249

(e)     If a dealer advertises the price of a vehicle, the amount of the ANY dealer
processing charge AND FREIGHT CHARGE shall be included in the advertised price
UNLESS THE DEALER CLEARLY AND CONSPICUOUSLY DISCLOSES THE AMOUNT OF
THE DEALER PROCESSING CHARGE AND FREIGHT CHARGE IN AT LEAST 10 POINT
AND BOLD FONT ON THE ADVERTISEMENT WITHIN REASONABLE PROXIMITY TO THE
ADVERTISED PRICE.

(f)      The dealer shall attach its price statement to a window of the vehicle, next
to any other price disclosure required by law. The dealer's price statement shall state
the total price for which the dealer is offering to sell the vehicle. The total price stated
shall include any dealer processing charge, which shall be disclosed above the total
price in at least 10 point type as "dealer processing charge (not required by law):
$.....". The total price may exclude only the taxes and title fees payable to the State.

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article - Transportation

13-809.

(a) (1) In this section the following words have the meanings indicated.

(2) "Fair market value" means:

(i) Except as provided in item (iv) of this paragraph, as to the sale
of any new or used vehicle by a licensed dealer, the total purchase price, as certified
by the dealer;

(ii) As to a used vehicle that is sold by any person other than a
licensed dealer and that has a designated model year that is 7 years old or older, the
greater of:

1. The total purchase price; or

2. $640;

(iii) As to any other used vehicle that is sold by any person other
than a licensed dealer:

1. The total purchase price, if the total purchase price is less
than $500 below the retail value of the vehicle as shown in a national publication of
used car values adopted for use by the Department; or

2. If the total purchase price is $500 or more below the retail
value of the vehicle as shown in a national publication of used car values adopted for
use by the Department:

A. The total purchase price, if verified to the satisfaction of
the Administration by a notarized bill of sale submitted in accordance with subsection
(d)(2) of this section; or

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