N.M. Admin. Code § 12.2.4.22

Current through Register Vol. 35, No. 21, November 5, 2024

Section 12.2.4.22 - ADVERTISED VEHICLE AVAILABILITY

A. When a dealer advertises a specific type of vehicle for sale that is not readily available, it is an unfair or deceptive trade practice to fail to disclose the vehicle's lack of availability.

B. It is an unfair or deceptive trade practice for a dealer to advise prospective customers that an advertised vehicle is available when the vehicle is not available for sale, or that an advertised vehicle is not available for sale when the vehicle is available for sale.

C. It is an unfair or deceptive trade practice for a dealer to advertise a particular vehicle or type of vehicle for sale at a special price, unless the advertisement discloses the number or stock numbers of the vehicles in stock for sale at that price.

N.M. Admin. Code § 12.2.4.22

5-1-98; Recompiled 10/15/01