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Ford Dealers Would Face Even More Scrutiny Under Proposed FTC Rule

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Ford Dealers Would Face Even More Scrutiny Under Proposed FTC Rule

https://fordauthority.com/2022/06/ford-dealers-would-face-even-more-scrutiny-under-proposed-ftc-rule/

 

The Federal Trade Commission (FTC) recently proposed a rule that would ban dealers from imposing junk fees on customers along with bait-and-switch tactics throughout the car-buying process. The FTC says that this ruling would “eliminate the tricks and traps that make it hard or impossible to comparison shop” or “leave consumers saddled with thousands of dollars in unwanted junk charges.”

 

Such a rule would not only help keep Ford dealers honest and protect consumers, it would also allow the FTC to recover money should a consumer have been misled or charged without their consent. The proposal would prohibit dealers from making deceptive claims in advertising to lure buyers in. The FTC would also crack down on dealers that offer products with no inherent value, such as “nitrogen-filled tires” which contain no more nitrogen than normal air and are often sold to customers that believe they provide a concrete benefit.

 

Ford-Dealer-Showroom.jpg

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All for it but the wording seems vague on what it would actually prohibit.

 

My ideas are to force dealers to provide a signed buyers agreement showing the exact sale price and any fees.  Cap doc fees and make add-ons strictly optional where the buyer must opt in not opt out.

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On 6/29/2022 at 3:55 PM, akirby said:

All for it but the wording seems vague on what it would actually prohibit.


And thus is government 

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Posted (edited)

Misleading that it singles out only Ford dealers when they all do it regardless of brand

Edited by twintornados

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32 minutes ago, twintornados said:

Misleading that it singles out only Ford dealers when they all do it regardless of brand

 

It doesn't "single out Ford dealers", it's the article from a Ford centric site that singles out Ford dealers. The proposed rule would apply to all dealers:  https://www.ftc.gov/news-events/news/press-releases/2022/06/ftc-proposes-rule-ban-junk-fees-bait-switch-tactics-plaguing-car-buyers

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