FTC Issues Guidance On The Revised Used Car Rule

In November 2016, the Federal Trade Commission announced its final changes to the Used Car Rule, formally referred to as the Used Motor Vehicle Trade Regulation Rule, which requires motor vehicle dealers to display a winder sticker, known as the "Buyers  Guide," on used vehicles offered for sale.  Due to numerous questions raised by dealers regarding compliance with the revised Used Car Rule, the FTC issued guidance in the form of frequently asked questions (FAQs) to address the principal areas for which the agency has received inquiries.

The FTC's FAQs cover the following varied subjects:

• Whether and what type of changes can be made to the language, format, and font of the Buyers Guide;