What is the Motor Vehicle Transaction Recovery Fund designed to do?

The Motor Vehicle Transaction Recovery Fund is specifically designed to protect consumers who have suffered financial losses due to the fraudulent actions of motor vehicle dealers. When a dealer engages in dishonest practices and a consumer is left with an unpaid judgment against that dealer, this fund can be utilized to satisfy those judgments. This ensures that consumers have a means of recourse if they fall victim to fraud, thereby fostering trust and integrity in motor vehicle transactions.

The other options do not align with the purpose of this fund. Enhancing dealer profits or funding public transportation does not relate to consumer protection against fraudulent practices. Covering costs for vehicle inspections also falls outside the scope of the fund's objectives, as it is focused on compensating consumers rather than servicing operational needs of dealers or government programs.