Thread: $84K for 1M?
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      11-14-2011, 04:27 PM   #43
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Quote:
Originally Posted by Mr.Metak2you View Post
Actually there is only one state that requires a full disclosure on all damage repaired prior to sale and that is CO. In Texas there is NO disclosure law whatsoever. Thought you might want to know. In CA it's 3% or $500. In most states I believe it's 3-6% of car value(MSRP).

Check it out:
http://www.lawserver.com/maps/new-ca...ge-disclosures
You might (and probably are) right. If not the law, certainly it is our corporate rule to disclose damage above $300. Sure-fire way to keep litigation to a minimum
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