A 568 New Jersey General Assembly · 2024-2025 Regular Session

Requires certain disclosures under motor vehicle lease.

Bill A568 requires New Jersey motor vehicle lease agreements to clearly disclose all end-of-lease fees in 14-point bold type, including charges for excessive wear/damage, mileage overages, and termination costs. It mandates that dealers provide a one-page summary listing key terms like down payments, monthly payments, mileage limits, and final fees. This applies directly to car lessees (people leasing vehicles) and dealers who must comply with the new disclosure requirements. The bill amends existing law to clarify and standardize lease terms, ensuring transparency about final costs before signing.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Consumer Affairs Committee
lower
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Sterley Stanley
Sterley Stanley
DDemocratic
NJ
18