An Act relative to the financing of motor vehicle purchases

Summary

The measure amends Chapter 93B to add a new clause that prohibits a motor‑vehicle purchaser from securing a loan from any source besides the dealer selling the vehicle. It also makes minor wording edits to the existing statute. If enacted, the change would limit financing options for consumers and affect lenders who currently offer non‑dealer auto loans.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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