In July 2020, the Federal Trade Commission (“FTC”) issued its “Staff Report on Buying and Financing Cars.” The Staff Report consisted of two separate reports – a report from the FTC’s Bureau of Consumer Protection (“BCP”)...more
11/5/2020
/ Advertising ,
Automotive Industry ,
Bureau of Consumer Protection ,
Car Dealerships ,
Cars ,
Contract Terms ,
Federal Trade Commission (FTC) ,
Incentives ,
Motor Vehicles ,
Payment Terms ,
Salespersons ,
Unfair or Deceptive Trade Practices
We’ve all heard the jokes about fine print before – the text is so small you could be agreeing to give the dealership your first-born child. However, for regulators the fine print is no laughing matter. The bottom line is...more
On April 15, 2019, the Federal Trade Commission and the Office of the Georgia Attorney General presented "Green Lights and Red Flags: FTC Rules of the Road for Business." The program addressed a variety of issues, including...more