Ftc New Rules For Car Dealers 2024. Given the breadth and specificity of these new rules, auto dealers will want to review all of their forms and conduct trainings with all of their personnel who are in any way involved in the sale of a vehicle to ensure. Specifically, the commission’s order points to the inaccurate argument that the rule will increase compliance costs for car dealers, which is not true for dealers who currently follow the law.
In june of 2022, the ftc proposed a massive new rule that would dramatically impact the automotive sales process by requiring new disclosures and paperwork to combat. New ftc rules target deceptive car dealership deals and scams.
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