Federal Trade Commission November 28, 2014 – Federal Register Recent Federal Regulation Documents

Used Motor Vehicle Trade Regulation Rule
Document Number: 2014-28000
Type: Proposed Rule
Date: 2014-11-28
Agency: Federal Trade Commission, Agencies and Commissions
The FTC is proposing further amendments to the Used Motor Vehicle Trade Regulation Rule (``Rule'' or ``Used Car Rule'') that would require dealers to indicate on the Buyers Guide whether they obtained a vehicle history report, and, if so, to provide a copy of the report to consumers who request it; revise the Buyers Guide statement describing the meaning of an ``As Is'' sale in which a dealer offers a vehicle for sale without a warranty; and move boxes to the front of the Buyers Guide for dealers to indicate whether non-dealer warranties apply to a vehicle. Based on the FTC's review of the public comments, the Commission proposes these amendments to promote consumer access to vehicle history information, to clarify the meaning of ``As Is'' in the sale of used vehicles without warranties, and to make disclosures concerning non-dealer warranties more prominent. The FTC is not adopting any final amendments to the Used Car Rule at this time. It continues to consider comments submitted in response to its Notice of Proposed Rulemaking (``NPRM'') published in December 2012 and seeks additional comments in this SNPRM.