Tag Archives: Wisconsin Automobile Disclosure Laws

Wisconsin Law Governing Automobile Retail Installment Sales Contracts

Wisconsin auto loan and retail installment sales contract

There are several methods a consumer can use to finance the purchase of an automobile in Wisconsin.  A consumer can pay cash for the automobile, obtain a loan from a third-party lender, such as a bank or credit union, or finance the purchase directly through the auto dealer. Wisconsin auto dealers who directly finance the […]

Wisconsin Law Governing Automobile Financing Contingencies

Wisconsin Law Governing Automobile Finance Contingencies

Wis. Admin. Code § Trans. 139.055 is the Wisconsin administrative rule regulating financing contingencies in automobile purchase contracts. The rule addresses three specific topics: Dealer-arranged financing Purchaser-arranged financing Fees on void contracts Dealer-arranged financing is where a prospective purchaser agrees to let an auto dealer attempt to secure financing (i.e., obtain a loan)—usually from a third-party […]

Wisconsin Law Governing Automobile Service Fees

Wisconsin Automobile Service Fees

Wisconsin permits an automobile dealer to charge a “service fee” for services related to complying with state and federal laws and regulations.  This article will identify the items that may be included in a service fee as well as how those fees must be disclosed. Wis. Admin. Code § Trans. 138.05(8), an administrative rule promulgated […]

Wisconsin’s New and Used Automobile Disclosure Requirements

wisconsin automobile disclosures

Wisconsin automobile dealers are legally required to make specific written disclosures to prospective purchasers related to the automobiles they offer for sale.  The disclosure requirements vary depending upon whether the automobile being sold is new or used. Wis. Admin. Code § Trans. 139.04, the Wisconsin administrative rule governing written disclosures auto dealers must provide, applies […]