Skip to content
Close
SEARCH
Join NHADA
Join NHADA
Dealership_Hero

JOIN OUR COMMUNITY

NHADA Supports the Success of Over 500 Motor Vehicle Businesses
BECOME A MEMBER
UPDATES
Smiling employee's in a line at work

Explore Cost-Effective Insurance & Workers' Comp. Plans

Get a free Quote
REPORT AN INJURY ONLINE (FORM 8-WC)
Association Events
Learn about NHADA's major events and fundraisers.
VIEW ALL EVENTS
UPCOMING EVENTS
INDUSTRY TRAINING
Explore upcoming webinars, seminars, and on-demand training.
VIEW ALL TRAINING
    ON-DEMAND TRAINING

    Off the Clock Video Series

    Explore the fascinating lives of automotive professionals in our new video series, "Off the Clock"

    FREE PARTNER OFFERS
    ALL OFFERS
    Compliance/Industry Guides
    VIEW ALL GUIDES

    Can't find what you're looking for? Try one of NHADA's partners.

    LotDrop-Nav_Supplies

    Forms & Supplies

    Start Shopping

    LotDrop-Nav_Apparel

    Corporate Apparel

    Start Shopping

    LotDrop-Nav_Promo

    Promotional Items

    Start Shopping
    employees interpreting the vehicle shopping rule
    National Auto Dealers Association (NADA)Sep 25, 20241 min read

    NADA Issues Driven Guide on the Pending Vehicle Shopping Rule

    NADA is releasing A Dealer Guide to the Vehicle Shopping Rule. This guide provides dealership compliance guidance for the pending Vehicle Shopping Rule (VSR or Rule) and includes sample disclosure forms.

    PARTNER SPOTLIGHT

    The VSR (which the Federal Trade Commission (FTC) refers to as the “CARS” Rule) is currently stayed pending the resolution of litigation challenging the rule brought by NADA and the Texas Automobile Dealers Association. NADA is issuing this guide before the resolution of the litigation because compliance with the VSR will be time-consuming and complex, requiring training, revised systems, and coordination with vendors.

    This guide provides an overview of the key requirements of the VSR and compliance guidance to dealers. The Driven Guide covers topics including:

    • Prohibited misrepresentations
    • Disclosure requirements
    • Dealership “add-on” considerations
    • Recordkeeping requirements
    • State and federal law preemption considerations
    • Sample employee policy and disclosure forms

    The Rule’s application to commercial truck dealers remains unclear. NADA/ATD is actively working to seek clarity from the FTC on this open issue.

    The implementation date for the VSR is unknown. If the court vacates (disapproves) the VSR, the new duties discussed in the guide will not take effect. If the court upholds the rule, the FTC will establish a new compliance date and it is unclear what period of time the FTC would provide for dealerships to comply with the new requirements. Accordingly, NADA is releasing this guide now to ensure dealerships have adequate time to comply with the VSR in the event that it is upheld by the court.

    The Driven Guide was prepared with NHADA Diamond Partner ComplyAuto. Information on the rule from the FTC is available here.

    avatar

    National Auto Dealers Association (NADA)

    RELATED ARTICLES