Bill > S02672

This bill modifies the requirements for automobile broker businesses in New York State, primarily focusing on expanding consumer cancellation rights. The bill changes the notice of cancellation form to allow consumers to cancel a contract not just within three days of receiving the contract, but also until the automobile is delivered or if the vehicle is not delivered within 30 days of the estimated delivery date. Consumers can now receive a full refund if the delivery is delayed (unless the delay is the consumer's fault) and can cancel the contract for other grounds under New York State law. Additionally, the bill clarifies that automobile broker businesses cannot be affiliated with dealers, motor vehicle franchisors, manufacturers, or distributors as defined in specific sections of the vehicle and traffic law. These changes aim to provide more protection and flexibility for consumers when engaging with automobile broker businesses by expanding their cancellation rights and ensuring the independence of these brokers from other automotive industry entities.

https://www.nysenate.gov/legislation/bills/2025/S2672