La. Admin. Code tit. 46, § V-719 - Dealer Price Advertising
A. The
featured price of a new or used vehicle, when advertised, must be the full cash
price for which the vehicle will be sold to any and all members of the buying
public. The only charges that may be excluded from the advertised price are:
1. state and local taxes;
2. license;
3. title; and
4. notarial fees, convenience fees and
documentary fees.
B. A
qualification may not be used when advertising the price of a vehicle such as
"with trade," "with acceptable trade," "with dealer-arranged financing,"
"rebate assigned to dealer" or "with down payment."
C. If a price advertisement of a new vehicle
discloses a rebate, cash back, discount savings claim, or other incentive, the
full cash price of the vehicle must be disclosed as well as the price of the
vehicle after deducting the incentive. The following is an acceptable format
for advertising a price with rebates and other deductions.
|
Mfg. Sugg. Retail Price |
$9,995 |
|
less rebate |
$ 500 |
|
less dealer discount |
$ 500 |
|
Sale Price |
$8,995 |
D.
If a rebate is only available to a selected portion of the public and not the
public as a whole, the price should be disclosed as in Subsection C first and
then the nature of the limitation and the amount of the limited rebate may be
disclosed. The following is an acceptable format.
|
Mfg. Sugg. Retail Price |
$9,995 |
|
less rebate |
$ 500 |
|
less dealer discount |
$ 500 |
|
Sale Price |
$8,995 |
|
First Time Buyer's Receive Additional $500 Off |
|
Notes
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