The Federal Trade Commission announced in mid-July that it
conducted the first compliance sweep of car dealerships since the
effective date of its revised Used Car Rule requiring use of a new
Buyers Guide sticker. The sweep took place between April and
June 2018 in 20 cities nationwide. The FTC coordinated its
efforts with 12 partner agencies in seven states to ensure that
dealers are displaying a revised version of the Buyers Guide, which
contains warranty and other information for consumers.
In the sweep, inspectors found that approximately 70 percent of
vehicles displayed Buyers Guides and roughly half of those
displayed the revised Buyers Guide. Inspectors reviewed 94
different dealerships and reported that 33 dealerships posted the
revised Buyers Guide on more than half of their vehicles, but only
14 dealerships had revised Buyers Guides on all of their used
vehicles for sale. The FTC Act provides for penalties of up
to $41,484 per violation for those