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
    National Auto Dealers Association (NADA)Dec 14, 20231 min read

    The FTC Finalizes Vehicle Shopping Rule

    What’s New: The Federal Trade Commission unexpectedly released its final Vehicle Shopping Rule (now called the “Combating Auto Retail Scams (CARS)” Rule), which takes effect July 30, 2024. 

    PARTNER SPOTLIGHT

    The changes: In response to comments submitted by NADA and state and metro dealer associations, the FTC scaled back the proposed rule in several important ways.

    Among other changes, the FTC eliminated requirements that dealers:

    • Maintain on their website a list of all “add-on” products offered and the price of each such product,
    • Provide a series of written disclosures related to the sale of “add-on” products, and
    • Retain copies of “Add-On” Lists and documents describing “Add-On” products offered to consumers.

    But: The final rule would still impose several new problematic oral and written disclosures, numerous ill-defined requirements, and additional burdensome record-keeping obligations.

    In the media: NADA called out the problems with the rule in its press release, which has been picked up by multiple news outlets.

    What’s Next: NADA is considering its legal options related to the final rule and continues to support legislation introduced in Congress that would prevent the rule from taking effect. 

    Go Deeper:

    avatar

    National Auto Dealers Association (NADA)

    RELATED ARTICLES