Pub. 21 2022 Issue 1

Two of the most important and widely used forms in a dealership include the Prior Use Disclosure Form (Sample on page 37) and Prior Use and Damage Disclosure Acknowledgment Form. (Sample on page 36) These forms were developed by NJ CAR. The Prior Use Disclosure Form is used by dealers to disclose all possible prior uses of a vehicle, including use as a Company Vehicle/Factory Executive Vehicle (ex. Demonstration and Loaner vehicles), Program Vehicle/Factory Repurchase Vehicle, Rental Vehicle/Off-Lease Vehicle, and Wholesale Vehicle. If applicable, each disclosed use should be signed for by the customer.

The Direct Sales model is WRONG FOR CONSUMERS. New Jersey has been at the forefront of this fight for several years, but direct
sales fights continue to rage all over the country, as you will see in our featured story from this issue of New Jersey Auto Retailer. Initially, it was just Tesla, but now Rivian, Lucid and other startups are taking up the mantle and trying to gain special consideration from Legislatures coast to coast. Even some legacy automakers are toying with the idea of breaking off their EV product into standalone companies.