Okla. Admin. Code § 465:15-3-2

Current through Vol. 42, No. 3, October 15, 2024

Section 465:15-3-2 - Availability of vehicles

(a)Specific advertising. A licensee may advertise a price, payment, or savings claim for a specific vehicle or line-make of vehicles for sale if:

(1) the specific vehicle or line is in the possession of the licensee at the time the advertisement is placed, or the vehicle may be obtained from the manufacturer or distributor or some other source, and this information is disclosed in the advertisement; and,

(2) the advertisement discloses the number of vehicles available for the advertised price or savings. This requirement shall be met by the following:

(A) if the advertised price or savings claim pertains to only one specific vehicle, that vehicle's stock number must be disclosed; or,

(B) if the advertised price or savings claim pertains to multiple vehicles, the disclosure must contain either the number of vehicles available or verbiage such as "many available" or "several to choose from".

(b)General advertising. This Section does not prohibit general advertising of vehicles by a manufacturer, dealer advertising association, or distributor, and the inclusion of the names and addresses of the dealers selling such vehicles in the particular area.

Okla. Admin. Code § 465:15-3-2

Added at 9 Ok Reg 1588, eff 4-27-92; Amended at 21 Ok Reg 1413, eff 6-1-04; Amended at 28 Ok Reg 1074, eff 6-11-11