Ftc Cars Rule 2024 List. Almost 18 months after it first proposed the rule, the ftc announced its combating auto retail scams trade regulation (cars) rule, which goes into effect on july 30, 2024. The federal trade commission recently issued a final rule that is squarely aimed at changing the way dealers interact with customers in the financing process.
The ftc continues its deep dive into the automotive industry with its latest opening chess move in the combating auto retail scams rule, or simply known as the cars rule. On december 12, 2023, the federal trade commission (โftcโ) announced its combating auto retail scams rule, otherwise known as the โcars rule,โ setting new requirements on the sale, financing, and leasing of vehicles by.