FTC Proposes Rule to Ban Junk Fees, Bait-and-Switch Tactics Plaguing Car Buyers
The Federal Trade Commission has proposed a rule to
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Something that seems relevant.
- Thread starter Tallcool1
- Start date
- Apr 7, 2009
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- Joe
And the OEMs are pure as the driven snow?
$199 a mo lease with $0 down and ZERO units qualify?
$199 a mo lease with $0 down and ZERO units qualify?
- Apr 7, 2009
- 5,081
- 2,488
- Awards
- 10
- First Name
- Joe
and what of these communist airlines? How dare they hide baggage and seat fees until your eyeballs deep into the checkout!
To me, it is unfortunate that this type of thing even needs to be discussed. The pricing tactics of some dealerships have gotten out of hand. Some advertised prices are not within $3,000 of what a person could actually buy the vehicle for on a Cash Sale, No Trade In basis.
And I agree on the travel sites. It used to be so easy to book travel online. Now I feel like I just give up and click the button and it will be what it will be.
And I agree on the travel sites. It used to be so easy to book travel online. Now I feel like I just give up and click the button and it will be what it will be.
Up here in Ontario it's been similar to this for a long time.
If you see a vehicle price here, the dealer has to honour it or they can be fined by the governing body (OMVIC in Ontario).
All advertised pricing must be the all-in price, disclaimers must be at least 11px in a readable font, cost of borrowing must be shown with every single payment.
Welcome to the club. I wish I could say it stopped sneaky dealers from taking advantage of customers, but that doesn't seem to be the case.
What it does mean is that many dealers are advertising their new vehicles at the exact same price, as that's all they are legally allowed to do.
If you see a vehicle price here, the dealer has to honour it or they can be fined by the governing body (OMVIC in Ontario).
All advertised pricing must be the all-in price, disclaimers must be at least 11px in a readable font, cost of borrowing must be shown with every single payment.
Welcome to the club. I wish I could say it stopped sneaky dealers from taking advantage of customers, but that doesn't seem to be the case.
What it does mean is that many dealers are advertising their new vehicles at the exact same price, as that's all they are legally allowed to do.
✨ AI Highlights
- The thread discusses an FTC proposal to ban junk fees and bait-and-switch tactics in car sales, with dealers debating whether the regulations are necessary and effective.
- While participants acknowledge that some dealerships use deceptive pricing practices with significant gaps between advertised and actual sale prices, one Canadian dealer points out that strict regulations (like Ontario's) don't necessarily eliminate sneaky tactics—they just standardize advertised prices and shift where dealers make their money.
- The overall takeaway is that regulatory oversight addresses transparency but may not fundamentally change dealer behavior.
The thread discusses an FTC proposal to ban junk fees and bait-and-switch tactics in car sales, with dealers debating whether the regulations are necessary and effective. While participants acknowledge that some dealerships use deceptive pricing practices with significant gaps between advertised and actual sale prices, one Canadian dealer points out that strict regulations (like Ontario's) don't necessarily eliminate sneaky tactics—they just standardize advertised prices and shift where dealers make their money. The overall takeaway is that regulatory oversight addresses transparency but may not fundamentally change dealer behavior.
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