Commission Reopens Public Comment Period On Used Car Rule

Commission Reopens Public Comment Period On Used Car Rule

Agency: Federal Trade Commission
Date: 24 April 2009
[Non-automotive content removed.]

– The Commission has reopened the public comment period for the regulatory review of the Used Motor Vehicle Trade Regulation Rule (Used Car Rule) through June 10, 2009. On July 21, 2008, the FTC issued a Federal Register notice seeking public comments on the effectiveness and impact of the Rule, which was promulgated in 1984 and updated in 1995. The Used Car Rule requires used car dealers to disclose on a window sticker (the Buyers Guide) whether they are offering a dealer warranty, and if so, its basic terms and conditions. The Rule also requires that dealers use Spanish-language versions of the Buyers Guide when conducting sales in Spanish.

In the July notice, the FTC stated that the public comment period regarding the review of the Rule would end on September 19, 2008. Based on the request of several organizations, the Commission extended the public comment period until November 19, 2008, and is now reopening the comment period for an additional 45 days. Information on how and where to submit comments can be found in a new Federal Register notice on the Commission’s Web site.

The Commission vote approving the extension of the public comment period was 4-0. (FTC File No. P087604; the staff contact is John C. Hallerud, FTC Midwest Region, Chicago, 312-960-5615; see press release dated July 16, 2008, at http://www.ftc.gov/opa/2008/07/ucr.shtm.)

MEDIA CONTACT:

Office of Public Affairs
202-326-2180