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Keith Griffin

FTC Cracks Down on Used Car Dealers for Bad Practices

By January 30, 2013

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OK, so maybe I'm in the minority, but I think government sometimes plays an important role in protecting the consumer. It's a job most industries refuse to do so Big Brother needs to occasionally step in.

Case in point would be the Federal Trade Commission's crackdown on used car dealers in Arkansas who weren't supplying Buyers Guides to their used car customers. The FTC clearly requires the guides be available with every used car sold.

Without the FTC intervention, the dealers could have kept selling the used cars without the guides and unsuspecting consumers would have been none the wiser. Trust me. It's important that a printed guide be available. Otherwise, it's the consumer's word vs. the dealer's and that's a difficult fight for most consumers to win without a costly legal fight.

That is unless the federal government is there to prevent problems from happening before they occur.

 

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