N.M. Admin. Code § 12.2.4.23

Current through Register Vol. 35, No. 23, December 10, 2024
Section 12.2.4.23 - NO DOWN PAYMENT

It is an unfair or deceptive trade practice for a dealer to advertise that no down payment is required in connection with the purchase of a vehicle when a down payment or trade-in is in fact required. If only a trade-in is required a dealer may advertise that fact.

N.M. Admin. Code § 12.2.4.23

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