Ill. Admin. Code tit. 14 § 475.540

Current through Register Vol. 48, No. 49, December 6, 2024

Section 475.540 - Trade-Ins

a) It is an unfair or deceptive act to advertise or offer a specific trade-in allowance (i.e., "$2500 minimum trade-in"), or a range of amounts for trade-ins (e.g., "up to $1,000" or "as much as $1,000"), including, without limitation, that the trade-in will be valued at a specific amount or guaranteed minimum amount.

Ill. Admin. Code tit. 14, § 475.540

Amended at 25 Ill. Reg. 4819, effective March 20, 2001