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New Mexico Administrative Code
Title 12
Chapter 2
Part 4
Requirements for the Advertising and Sale of Motor Vehicles
State of New Mexico
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1
Issuing agency
2
Scope
3
Statutory authority
4
Duration
5
Effective date
6
Objective
7
Definitions
8
Vehicle categories
9
Spot deliveries
10
Discounts
11
“Over invoice/under invoice” discount claims
12
Below market finance charge
13
Hidden disclosures
14
“Free gifts”
15
Trade-ins
16
Rebates
17
On approved credit
18
Credit advertising
19
Lease advertising
20
Advertised prices available to all
21
Dealer price advertising
22
Advertised vehicle availability
23
No down payment
24
Contract additions without customer’s knowledge
25
Extended warranties
26
Use of initials or abbreviations
27
Supplemental sticker prices
28
Lemon vehicles
29
Self-regulation programs
30
Severability
31
Signature