Allows certain motor vehicle franchisors to sell, lease, or assign vehicles to employees.

This bill (A 927) allows motor vehicle franchisors (dealerships) headquartered in New Jersey to lease, assign, or lend vehicles to their own employees or employees of affiliated companies, with vehicles titled and registered through the Motor Vehicle Commission (MVC) to receive standard license plates. It permits up to 50 vehicles for promotional, testing, or marketing use at once, and exempts franchisors from requiring a 1,000-square-foot facility or exterior sign for servicing these vehicles. The bill also clarifies that franchisors may perform warranty and maintenance on these vehicles without violating retail service restrictions. This legislation was enacted as P.L.2025, c.176 and applies retroactively from January 1, 2025.