Arkansas Administrative Code
Agency 063 - Motor Vehicle Commission
Rule 063.00.07-001 - Rule 8 - Dealer Service and Handling Fees or Fees Similary Titled
Universal Citation: AR Admin Rules 063.00.07-001
Current through Register Vol. 49, No. 9, September, 2024
RULE 8
DEALER SERVICE AND HANDLING FEES
(A) Pursuant to Ark. Code Ann. §
23-112-317(c)
(1) the Commission shall determine the amount
of the Dealer Service or Handling Fee, and that fee shall be no less than zero
($0) dollars and no more than one hundred twenty nine dollars
($129.00).
(B) The amount that an
Arkansas dealer may charge for Dealer Service and Handling Fees, allowed by
A.C.A. §
23-112-317(d)
is not to exceed $129.00. The fee, if charged, must be charged uniformly to all
retail customers.
(C) In no
instances shall the allowed fee, as mentioned above, be disclosed to the
purchaser, represented verbally, or represented in any manner or medium, as
being mandated by any other entity other than the dealership charging the
fee.
(D)
(1) If a Dealer Service and Handling Fee, is
charged the motor vehicle dealer must follow the procedures for disclosure set
out in the subsection (c) when charging any consumer a Dealer Service and
Handling Fee, as provided for in this section.
(2) The motor vehicle dealer must disclose,
to any consumer, the following information in written form:
(i) The amount of the fee; and
(ii) Notice in type that is bold-face,
capitalized, or underlined or other wise conspicuously set out from the
surrounding written material as listed in section (C) of this rule
(E)
(a) If a Dealer Service and Handling fee is
charged, the dealer shall prominently display a poster or sign measuring at
least 8" x 10" in the finance and insurance office or in any area sales
document processes are conducted.
(b) The poster or sign shall include the
following information:
(i) The dealership
charges a Dealer Service or Handling Fee;
(ii) The amount of the fee;
(iii) The required notice as stated in A.C.A.
§
23-112-317(c)(2).
(c) The required notice shall be
in a common font (Times Roman or Arial) and at least 55 point size. The portion
of the notice which includes the statute A.C.A. §
23-112-317(c)(2)
shall be in a common font (Times Roman or Arial) and at least 24 point size.
The full area of the poster or sign must be utilized. An example is provided by
the Commission at -www.amvc.arkansas.gov or upon
request.
Disclaimer: These regulations may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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