(a) A used motor vehicle may be sold “as is” by a dealer only if its cash purchase price is less than three thousand dollars or if such used motor vehicle is seven years of age or older, which age shall be calculated from the first day in January of the designated model year of such vehicle.
(b) No “as is” disclaimer by a dealer shall be enforceable unless all of the following conditions are met:
(1) A disclaimer shall appear on the front page of the contract of sale, which shall read as follows: