FTC Pauses Rollout of “CARS Rule” Amid Legal Challenge from NADA Dealer Group

[clasione]

FTC Pauses Rollout of “CARS Rule” Amid Legal Challenge from NADA Dealer Group
https://www.autobuyersmarket.com/ne...ct-consumers-from-scams-amid-legal-challenge/

The CARS Rule Was originally proposed by the FTC in June 2022, in a slated to go into effect on July 30, 2024. When the rule is in force, the FTC stated that is anticipated to save car-shopping consumers in the United States over $3.4 billion per year.

 

[eLdavis]

I do hope they are able to srt this out on time, so they can resume the program. There are a lot of people who have suffered from scams.

 

[King Belieal]

I do hope they are able to srt this out on time, so they can resume the program. There are a lot of people who have suffered from scams.

Car purchase scams are a common thing when due diligence is not done. This law would have to some extent helped curb all these related car purchase frauds.