FTC issues FAQs on revised Used Car Rule and Buyers Guide

The Federal Trade Commission has issued a document answering frequently asked questions about the revised Used Car Rule and revised Buyers Guide that dealers must use.

NADA approached the FTC about issuing this guidance because of the number of questions raised by dealers about compliance with the new rule and Buyers Guide. NADA encourages dealers to consult the FAQs and to review NADA’s Dealer Guide to the Used Car Rule.