10 / 60
HIGHLIGHTS
8
Vehicle, Parts, and Accessories, Sales,
Incentives – 463(2)(g)-(i)
•
Prohibits franchisors from selling a vehicle, part, and/
or accessory at a lower actual price than that offered to
any other dealer.
•
Requires franchisors to make incentives, plans, or
programs reasonably available to all dealers on a
proportionally equal basis.
Prohibition on Interference with Inventory
Financing – 463(2)(j)
•
Prohibits franchisors from interfering with a dealer’s
choice of financing its vehicle inventory, including
if a dealer chooses not to use the franchisor’s captive
finance company.
Ownership Succession – 463(2)(m)
•
Prohibits franchisors from denying a dealer’s surviving
spouse or heirs the right to continue in the business,
or otherwise interfere with the continuation of the
business provided that the business is operated by
competent management.
Reimbursement for Inventory, Signage,
Tools, Recent Facility Upgrades – 463(2)(o)
•
Requires franchisors to repurchase inventory, supplies,
special tools, signage and other items, purchased by a
dealer from a franchisor or its approved sources, upon
termination of a franchise.
•
Requires franchisors to reimburse dealers for facilities
upgrades occurring within three (3) years of a
termination without cause.
•
Requires franchisors to reimburse dealers for liability
on Dealer Management System contracts in the event
of a termination.
page 29-30
page 30
page 31
page 32
NEW