WHAT IS AUTOMOBILE SALES FRAUD?
A significant amount of consumer fraud is committed in the automotive sales industry. To attempt to combat this fraud, to promote the purposes of the New Jersey Consumer Fraud Act, the New Jersey Division of Consumer Affairs adopted regulations regarding automotive advertising and automotive sales. An automotive dealers failure to follow the automotive advertising or sales regulations may result in a violation of the New Jersey Consumer Fraud Act. The New Jersey Consumer Fraud Act automotive regulations: identify prohibited automotive advertising practices prohibited as unlawful under the Consumer Fraud Act; require mandatory disclosure in advertisements of certain information relating to advertised motor vehicles require on-site disclosures relating to advertised motor vehicles.
