<html> <head> <title>Rule 61:24:07:04 Motor vehicle price disclosure.</title> <META NAME="Keywords" Content="Administrative Rules 61:24:07:04"> <META NAME="Description" Content="Administrative Rules 61:24:07:04 Motor vehicle price disclosure."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>61:24:07:04.</b><b>Motor vehicle price disclosure.</b> An advertisement stating an offering price for a motor vehicle offered for sale must state the effective period of the advertisement.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A motor vehicle offered for sale bearing a Monroney sticker or a label stating a manufacturer's suggested retail price must have a supplemental sticker affixed stating the offering price of the vehicle if the offering price is greater than the Monroney sticker price or the stated manufacturer's suggested retail price.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any price stated in an advertisement or in a written or oral price quotation given to a prospective buyer is considered an offering price or, if the context so indicates, is considered the offering price plus taxes, license fees, documentary fees, and registration costs.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If an offering price applies to single or to a limited number of new or used vehicles, an advertisement stating the offering price must disclose the limitation.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 18 SDR 203, effective July 1, 1992.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=32-6B-63">32-6B-63.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=32-6B-63">32-6B-63.</A></p> </div> </body> </html>