Committee advances bill setting process for dealer warranty labor rates and parts markups

Senate File 106, a bill to establish a process for motor-vehicle dealers and manufacturers to set warranty labor rates and parts markups, was presented and advanced by the Transportation, Highways & Military Affairs Committee.

Sponsor Senator Barlow said the bill “provides a mechanism for dealers, Wyoming new vehicle dealers and the manufacturers to establish labor rates and parts markup,” and stressed the measure focuses on creating a timeline-driven process where none currently exists. The measure removes a fixed 30 percent parts-markup cap from the statute and substitutes a process for dealers and manufacturers to follow if they cannot agree informally.

The bill’s proponents told the committee the changes are intended to align Wyoming with practices in other states and to let market rates in a dealer’s community guide warranty compensation. Marcia Allen, representing the Wyoming Automobile…