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What the FTC Proposed Rule Could Mean for Dealership Ads, F&I

July 05, 2022

KPA F&I Compliance Consultant and District Manager, Ryan Daly, spoke with John Huetter of Automotive News’ regarding the Federal Trade Commission’s recent announcement proposing a new rule targeting dealership sales.

The set of proposed rules will target how dealers sell vehicles to customers, targeting everything from junk F&I fees that offer the customer no real benefit, requiring an online list of optional add-ons and pricing, banning misleading ads, and more. Once the rule is published in the Federal Register, the FTC will take public comments for 60 days.

Read the article

KPA

KPA exists to help organizations be safe and compliant. We help organizations proactively identify risks, stay up-to-date on evolving regulations, and (most importantly) keep workers safe.