Section 490.220 - Price of off-highway vehicle advertised1. If an off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer advertises the price of an off-highway vehicle, the price must include all charges known to the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer, including, but not limited to: (a) Delivery charges imposed by the manufacturer or distributor of the off-highway vehicle; and(b) Charges for servicing the off-highway vehicle imposed by the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer. The price may exclude charges for the preparation of documents related to the sale of the off-highway vehicle imposed by the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer, if the charges are separately identified in the advertisement and the amount of the charges is indicated.
2. Except as otherwise provided in this subsection, any advertisement which includes the term "manufacturer's suggested retail price," "MSRP," "factory price" or a similar term must include the price of the off-highway vehicle which includes any fee charged by the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer and any manufacturer's discounts included on the off-highway vehicle. The price may exclude taxes, fees for licenses and charges for the preparation of documents related to the sale of the off-highway vehicle imposed by the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer.3. An off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer shall not advertise a new off-highway vehicle at a price which does not include the standard equipment and any additional equipment which is listed on the invoice.4. Statements such as "at cost," "below cost" or "below invoice" must be construed literally. "Cost" is the actual cash or invoice price paid by the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer for each off-highway vehicle offered. If an advertisement contains a statement such as "at cost," "below cost" or "below invoice," the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer shall, upon request, present to the prospective purchaser the actual invoice.5. If an off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer uses specific claims of savings in an advertisement, the off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer shall, upon request, explain to the prospective purchaser the manner in which the savings are calculated. The term "wholesale" must not be used in the business firm's name, signs or display signs.6. If an off-highway vehicle dealer, long-term lessor, short-term lessor or manufacturer uses the term "wholesale price" or "low book price" in an advertisement, the price must correspond to the appropriate value set forth for the off-highway vehicle in a recognized reference publication.7. As used in this section: (a) "Invoice" means a written itemized statement received by an off-highway vehicle dealer, long-term lessor or short-term lessor from a manufacturer of an off-highway vehicle listing the price of the off-highway vehicle, the price of any optional equipment included with the off-highway vehicle and the amount of any additional charges imposed by the manufacturer.(b) "Manufacturer's suggested retail price" or "MSRP" means the total price of an off-highway vehicle.(c) "Recognized reference publication" includes, without limitation, the NADA Official Used Car Guide and any other publication of similar scope and reputation.Nev. Admin. Code § 490.220
Added to NAC by Dep't of Motor Veh. by R130-11, 6-29-2012, eff. 7-1-2012NRS 481.051, 490.066, 490.410