zzdcar
Home
/
Reviews
/
Buying
/
FTC Rule Would Make A Special Exception So Car Dealers Can Keep Ripping People Off
FTC Rule Would Make A Special Exception So Car Dealers Can Keep Ripping People Off-October 2024
2024-02-19 EST 22:09:14

Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois

may be excluding car dealerships from its in a reportedly controversial set of proposed rules are finalized. According to , the plan would ban businesses from charging hidden and misleading fees and require them to show the full price upfront.

The rule would apply to industry and companies broadly, according to the outlet. Those industries include event ticketing, hotels and lodging, apartment rentals, and car rentals. If a company fails to comply, it and have to refund customers.

Car dealers, on the other hand, would be excluded if the on offering price and misrepresentation in its Motor Vehicle Dealers Trade Regulation Rule that was proposed back in June of 2022. It also seeks to ban junk fees and bait-and-switch advertising tactics when buying a car.

Auto News says that among the proposed rule’s requirements, before government fees or taxes are applied. A provision prohibiting misrepresentation would – in theory – “bar deceptive practices surrounding, among other things, the total cost, price and added features, other charges, terms and finality of financing and availability of discounts.”

In comments submitted earlier this year to the FTC, argued – rather unsurprisingly – that the junk fee proposal is “overly broad” and that dealers should be excluded because car sales already fall under the proposed . The association also reportedly said the junk fee proposal could end up conflicting with state and federal regulations like the and the .

“The commission must explain how any restriction on dealers resulting from this proposal would be affected by these other existing legal obligations,” .

He continued on, saying that if the Vehicle Shopping Rule isn’t withdrawn, dealers should be exempt from the FTC’s broader junk feel proposal “given that the proposed Vehicle Shopping Rule addresses this type of disclosure in a more comprehensive, and vastly different, manner.”

So, whether it’s from the or the Vehicle Shopping Rule, dealership junk feels may soon be a thing of the past. Blessings to all.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
At $950, Would You Go All-In On This 1984 Plymouth Colt GTS Turbo Project?
At $950, Would You Go All-In On This 1984 Plymouth Colt GTS Turbo Project?
One of the calling cards of today’s Plymouth Colt is its “Twin Stick” overdrive gear change, which gives the car eight speeds going forward and two in reverse. Let’s see if this project car has anything else to offer. Just as Goldilocks discovered when appropriating Papa Bear’s lifestyle and...
Oct 25, 2024
Someone Willingly Paid $16,000 For A Maserati Ghibli On Cars & Bids. Don’t Make The Same Mistake
Someone Willingly Paid $16,000 For A Maserati Ghibli On Cars & Bids. Don’t Make The Same Mistake
Let’s cut right to the chase: buying a is not a good idea unless you have deep enough pockets for the upkeep. For those not in the know, they’re sirens. They draw you in with their premium Italian image and sweet songs of and then go in for the...
Oct 25, 2024
At $5,900, Is This 1984 Nissan 720 4X4 A Solid Deal?
At $5,900, Is This 1984 Nissan 720 4X4 A Solid Deal?
According to its seller, today’s Nissan 4X4 shows “pride of ownership.” Let’s see if it would take swallowing one’s pride to pay its asking price. Opinions were split on how well the design of yesterday’s has held up over the years. Some of you commented that the design still...
Oct 25, 2024
At $8,600, Would You Go Topless In This 1994 Cadillac Eldorado?
At $8,600, Would You Go Topless In This 1994 Cadillac Eldorado?
The seller of today’s Caddy claims they should be selling it at auction but says who’s got time for that? Let’s see if we have the time for this custom convertible at its non-auction price. Many of you agreed that the $950 asked for yesterday’s was “chump change.” Even...
Oct 25, 2024
At $18,500, Would You Lean Toward Buying This 2022 Ford Mustang?
At $18,500, Would You Lean Toward Buying This 2022 Ford Mustang?
Today’s Mustang is being sold by a towing yard, which means it’s probably a lien sale. Let’s see if this clean title convertible is priced to put a new buyer on the hook. The general consensus on last Friday’s was that it would be the perfect car for someone...
Oct 25, 2024
Which One Of You Suckers Is Going To Pay Over $32,000 For A 25-Year-Old Toyota 4Runner
Which One Of You Suckers Is Going To Pay Over $32,000 For A 25-Year-Old Toyota 4Runner
The (and Tacoma) have a death grip on used values. It’s been this way for years. Go ahead, go try and buy any TRD trim that’s a couple of years old; it’ll cost you as much as a new one — not that you could buy a new one...
Oct 25, 2024
Copyright 2023-2024 - www.zzdcar.com All Rights Reserved