Ftc Cars Rule 2024. On december 12, 2023, the federal trade commission (“ftc”) announced its combating auto retail scams rule, otherwise known as the “cars rule,” setting new requirements on the sale, financing, and leasing of vehicles by motor. The cars rule, announced by the ftc on december 12, 2023 and published in the federal register on january 4, 2024, sets new requirements on the sale, financing, and leasing of new and used vehicles by motor vehicle.
Federal trade commission (ftc)’s combating auto retail scams or cars program’s new rules look to eliminate car buying confusion and hassle when they finally go into effect across. On january 5, 2024, two trade groups representing auto dealers filed a petition for review challenging the federal trade commission’s (“ftc”) new combating auto retail scams rule (“cars rule”).