Relates to safety recalls on used motor vehicles

This bill (S 3777) requires manufacturers and franchisors to pay used car dealers compensation when they cannot sell or repair vehicles subject to safety recalls. Specifically, dealers receive 1.75% of a vehicle's trade-in value (based on a public guide) for every 30 days they cannot sell or repair a recalled vehicle due to manufacturer restrictions or unavailable parts. The law prohibits manufacturers from retaliating against dealers who claim this compensation, such as by reducing payments or withholding inventory. It directly affects used car dealers, manufacturers, and franchisors, ensuring dealers aren't financially penalized for holding recalled vehicles. The compensation mechanism applies only when parts/repairs aren't available, and dealers cannot double-claim from other manufacturer programs.