Purchasing a used car can be a significant financial commitment and a stressful experience, especially when it comes to ...
It’s why we hate buying cars ... dealers don’t actually have the cars or prices they advertise. All of which is now illegal. The Federal Trade Commission announced a new rule called ...
According to the Federal Trade Commission (FTC) the law requires that dealers put a Buyers Guide on every used car which ...
Car buyers are “routinely hit with unexpected and unnecessary fees that dealers extract just because they can,” said FTC Chair Lina Khan in a press release. A sign advertising Used Cars and ...
Two years ago the Federal Trade Commission served notice to five car dealers over what it considered ... ads promised to pay off the loan on a buyer's trade-in, regardless of the amount; customers ...
According to the FTC, the agency extrapolated the amount from the 2020 Cox Automotive Car Buyer Journey Study. In the final rule, the FTC still called its initial three-hour figure "reasonable ...