The thought of driving off the lot in a new car or truck can be both stressful and exhilarating. But if the dealer engages in dishonest practices, the process can get as stressful as a pile-up on your morning commute. The FTC’s Combating Auto Retail #Scams (CARS) Rule, which was announced this week, requires transparency in the vehicle shopping process. And it’ll drive home major savings, too, to the tune of an estimated $3.4 billion per year for people shopping for a new vehicle. And it will save #consumers an estimated 72 million hours each year. In fact, the #CARSRule includes key provisions about pricing, add-on products and services, and buyer’s consent. Did that get your motor running? Well then, buckle up because #FTC experts will explain what you need to know.
The #CARS Rule includes key provisions about pricing, add-on products and services, and buyer’s consent. FTC #consumerfraud experts will explain what you need to know.
Guest Speakers: – Malini Mithal, Associate Director, Division of Financial Practices, Federal Trade Commission – Jamie D. Brooks, Attorney, Division of Financial Practices, Federal Trade Commission – Sanya Shahrasbi, Attorney, Division of Financial Practices, Federal Trade Commission
Host: Nadia Rajpoot A national Zoom Meeting 📺 Channel Link: Combating Auto Retail Scams (CARS) Rule: What You Need to Know Ethnic Media Story in partnering with Federal Trade Commission on Dec 15 2023 by A National Zoom Meeting by DESI TV USA our YouTube Channel.
