Va. Motor Vehicle Dealer Board gives new ad policy more time
When the Virginia Motor Vehicle Dealer Board met on March 9, 2015, MVDBês executive director reported that the new advertising policy appears to be working correctly. Just the same, MVDB chief Bruce Gould said he wants to give the policy more time before drawing conclusions. MVDB had recently provided notification to Virginia dealers of its policy on advertising prices of vehicles reflecting rebates and incentives. The policy, which states that an advertising price must include only rebates and incentives available to all consumers, was reported in WANADAês Feb. 24 Bulletin, #07-15 available by clicking here.
The new policy will remain in effect and will be considered in May, once MVDB staff has had time to study its impact.Download Bulletin PDF