- (a) Pursuant to Arkansas Code § 23-112-317(c)(1) the Arkansas Motor Vehicle Commission shall determine the amount of the dealer service or handling fee, and that fee shall be no less than zero dollars ($0) and no more than one hundred twenty-nine dollars ($129).
(b)
- (1) The amount that an Arkansas dealer may charge for dealer service and handling fees, allowed by Arkansas Code § 23-112-317(d) is not to exceed one hundred twenty-nine dollars ($129).
- (2) The fee, if charged, must be charged uniformly to all retail customers.
- (c) In no instances shall the allowed fee, as mentioned above, be disclosed to the purchaser, represented verbally, or represented in any manner or medium as being mandated by any other entity other than the dealership charging the fee.
(d)
- (1) If a dealer service and handling fee is charged, the motor vehicle dealer must follow the procedures for disclosure set out in the subdivision (e)(3) of this section when charging any consumer a dealer service and handling fee, as provided for in this section.
(2) The motor vehicle dealer must disclose, to any consumer, the following information in written form:
- (A) The amount of the fee; and
- (B) Notice in type that is bold-face, capitalized, underlined, or otherwise conspicuously set out from the surrounding written material as listed in subdivision (e)(3) of this section.
(e)
- (1) If a dealer service and handling fee is charged, the dealer shall prominently display a poster or sign measuring at least eight inches by ten inches (8” x 10”) in the finance and insurance office or in any area sales document processes are conducted.
(2) The poster or sign shall include the following information:
- (A) The dealership charges a dealer service or handling fee;
- (B) The amount of the fee;
- (C) The required notice as stated in Arkansas Code § 23-112-317(d)(2).
(3)
- (A) The required notice shall be in a common font (Times Roman or Arial) and at least fifty-five (55) point size.
- (B) The portion of the notice which includes the statute Arkansas Code § 23-112-317(d)(2) shall be in a common font (Times Roman or Arial) and at least twenty-four (24) point size.
- (C) The full area of the poster or sign must be utilized.
- (D) An example is provided by the commission at www.amvc.arkansas.gov or upon request.