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Business Blog

Deal or no deal? FTC challenges yo-yo financing tactics

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Not many kids play with yo-yos these days, but an FTC complaint against nine related Los Angeles-area car dealers charges that the companies engaged in (among other things) illegal yo-yo financing...
Business Blog

Shining a light on misleading claims in auto ads

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People usually think of beacons as radiant lights that attract attention. But the FTC has charged that two Ohio auto dealers (among other things) used the word in a way that kept consumers in the dark...
Business Blog

Vegas dealers called for deceptive claims

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They say what happens in Vegas stays in Vegas. But here’s one thing that doesn’t belong in Vegas or anywhere else: ads that draw buyers in with eye-catching terms while burying the “gotchas” in fine...
Competition Matters

Direct-to-consumer auto sales: It’s not just about Tesla

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A fundamental principle of competition is that consumers – not regulation – should determine what they buy and how they buy it. Consumers may benefit from the ability to buy cars directly from...
Business Blog

Operation Ruse Control: 6 tips if cars are up your alley

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When it comes to car advertising, truth should be standard equipment. That’s the message of Operation Ruse Control, a coast-to-coast and cross-border sweep by the FTC and state, federal, and...
Business Blog

FTC to BMW: Don’t MINImize Mag-Moss warranty compliance

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If your company offers warranties, a proposed FTC settlement with BMW of North America’s MINI Division suggests that a compliance check-up could be warranted. Section 2302(c) of the Magnuson-Moss...
Business Blog

Advertise auto promotions car-fully

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“$1 gets you out of your current loan or lease!” According to Trophy Nissan in the Dallas area, consumers could end their loan or lease for a buck – less than the cost of one of those air fresheners...
Business Blog

Putting the brakes on deceptive auto ads

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When it comes to cars, sometimes good things come in twos: double wishbone suspension, dual overhead cams, twin torsion bars, and classic 2 + 2 muscle cars. What’s not on that list? Two lawsuits...
Business Blog

Zero sum game?

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For people in the market for a car, an ad on YouTube for Massachusetts-based Courtesy Auto Group featured some eye-catching numbers: “Get behind the wheel of the new 2013 Kia Sorento, now lease priced...
Business Blog

Less than meets the eye?

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When an ad purports to show a “right before your eyes” demonstration of a product in action, the visual must be a truthful representation of what it can do. If that’s not the case, both the advertiser...
Business Blog

8 advertising potholes auto dealers should avoid

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In a drive to encourage truth in auto advertising, the FTC has announced Operation Steer Clear – a coast-to-coast law enforcement sweep focusing on deceptive TV, newspaper, and online claims about...

Energy Policy Act of 1992

Mission
Consumer Protection
Law
Pub. L. No. 102-486, 106 Stat. 2776, codified in relevant part at 15 U.S.C. §§ 2821-2824, 15 U.S.C. § 3203 note; 16 U.S.C. § 2621 note; 42 U.S.C. §§ 6201-6202; 42 U.S.C. § 6291 et seq.; 42 U.S.C. § 13232
This Act amends the Energy Policy and Conservation Act, requiring, among other things, that the Commission issue: (a) disclosure rules to assist consumers in choosing the most efficient incandescent...

Consumer Leasing Act

Mission
Consumer Protection
Law
15 U.S.C. §§ 1667-1667f
This Act, amending the Truth in Lending Act, regulates personal property leases that exceed four months in duration and that are made to consumers for personal, family, or household purposes. The Act...
Advisory Opinion Subpage

Advisory Opinion to Coffey (02-11-98)

February 11, 1998 Karen Coffey, Chief Counsel Texas Automobile Dealers Assn. 1108 Lavaca -- P. O. Box 1028 Austin, Texas 78767-1028 Re: Section 604 of the Fair Credit Reporting Act Dear Ms. Coffey...