Sec. 353.005. CASH PRICE. (a) The cash price is the price at which the retail seller offers in the ordinary course of business to sell for cash the goods or services that are subject to the transaction. An advertised price does not necessarily establish a cash price.
(b) The cash price does not include any finance charge.
(c) At the retail seller's option, the cash price may include:
(1) the price of accessories;
(2) the price of services related to the sale;
(3) the price of service contracts;
(4) taxes; and
(5) fees for license, title, and registration.
Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 353 - Commercial Motor Vehicle Installment Sales
Subchapter A. General Provisions
Section 353.002. Presumption Regarding Noncommercial Vehicles; Exception
Section 353.003. Bailment or Lease as Retail Installment Transaction
Section 353.004. Classification as Retail Installment Transaction Unaffected
Section 353.006. Itemized Charge
Section 353.007. Additional Charges Permitted
Section 353.008. Principal Balance; Inclusion of Documentary Fee
Section 353.009. Applicability of Chapter
Section 353.010. Applicability of Other Statutes to Retail Installment Transaction
Section 353.011. Federal Disclosure Requirements
Section 353.012. Additional Information Allowed in Contract
Section 353.013. Order of Items in Contract
Section 353.014. Applicability of Insurance Premium Financing Provisions
Section 353.015. Conditional Delivery Agreement
Section 353.016. Computation of Time Price Differential Using True Daily Earnings Method
Section 353.017. Transaction Conditioned on Purchase of Vehicle Protection Product Prohibited