TITLE 14: COMMERCE
SUBTITLE B: CONSUMER PROTECTION
CHAPTER II: ATTORNEY GENERAL
PART 475 MOTOR VEHICLE ADVERTISING
SECTION 475.540 TRADE-INS
Section 475.540 Trade-Ins
a) It is an unfair or deceptive act to advertise or offer a specific trade-in allowance (i.e., "$2500 minimum trade-in"), or a range of amounts for trade-ins (e.g., "up to $1,000" or "as much as $1,000"), including, without limitation, that the trade-in will be valued at a specific amount or guaranteed minimum amount.
(Source: Amended at 25 Ill. Reg. 4819, effective March 20, 2001)