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FTC’s finalized CARS rule expands dealer scrutiny  

Lenders must ensure dealer practices are compliant 

Amanda Harris

The FTC has finalized a rule requiring car dealers to be more upfront about costs. It expands consent requirements and allows dealers to charge for add-on products only if they are found to benefit consumers.   The Combating Auto Retail Scams (CARS) Rule goes into effect July 30, 2024, according to a Dec. 12 FTC release.   […]

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