Vehicle dealers: document processing charge.

Existing law authorizes a dealer to charge the purchaser or lessee of a vehicle a document processing charge for the preparation and processing of documents, disclosures, and titling, registration, and information security obligations imposed by state and federal law. Existing law authorizes a dealer that has a contractual agreement with the Department of Motor Vehicles (DMV) to be a private industry partner to set the document processing charge at up to $85, and authorizes all other dealers to set the document processing charge at up to $70. This bill would, commencing January 1, 2024, increase the maximum document processing charge that may be imposed by a private industry partner dealer on a vehicle purchaser or lessee to $175.