(1)(a) A motor vehicle dealer selling a lemon law buyback vehicle to a potential purchaser for purposes other than for resale must either:(I) Allow a third-party agent of a potential purchaser to inspect the motor vehicle before selling the motor vehicle; or(II) Provide a seven-day free-look period during which the purchaser may return the motor vehicle and receive a refund of all money paid to purchase the motor vehicle, less shipping costs.(b) To make the inspection provided in subsection (1)(a)(I) of this section, a third-party agent may have reasonable access to conduct the inspection, but the third-party agent must be qualified to use or operate any equipment used to inspect the vehicle and must not interfere with normal business operations of the motor vehicle dealer.(2) A motor vehicle dealer selling a lemon law buyback vehicle to a potential purchaser for purposes other than for resale must conspicuously disclose in writing, before the motor vehicle is purchased, to each potential purchaser of the motor vehicle for purposes other than for resale the right described in subsection (1)(a) of this section.Added by 2024 Ch. 450,§ 6, eff. 8/7/2024, app. purchased, to each potential purchaser of the motor vehicle for purposes other than for resale the right described in subsection (1)(a) of this section.Added by 2024 Ch. 450,§ 6, eff. 8/7/2024, app. to motor vehicles sold or leased on or after 8/7/2024.Section 11(2) of chapter 450 (SB 24-192), Session Laws of Colorado 2024, provides that the act adding this section applies to motor vehicles sold or leased on or after August 7, 2024.2024 Ch. 450, was passed without a safety clause. See Colo. Const. art. V, § 1(3).
Colorado Legal Code