Update on FTC Enforcement Sweep

WANADA Dealer Members,

Earlier today the Federal Trade Commission (FTC) had an enforcement sweep in 20 cities throughout the United States, where they checked used cars for an up-to-date Used Car Buyers Guide. Approximately 30 percent of the used car inventory at the targeted stores did not have the guide. Obviously those stores are not happy.

We encourage you to remind your managers that this guide is mandatory, and the FTC will continue using enforcement sweeps for the foreseeable future.

For your reference and convenience, we have included the FTC’s revised Buyers Guide along with information from their recent enforcement actions and its use, FTC Partners Conduct First Compliance.

Should you have any questions, please contact John O’Donnell at jod@wanada.org, or by phone at 202-237-7200.

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