As-Is car sales dominate the conversations I have at my office with disgruntled car buyers. Why? Because so many people do not know what rights they have with such a purchase. Well, the FTC just revised the “Used Car” Rule.
The Used Car Rule mandates the “Buyer’s Guide” which is placed on the window of used cars sold by dealers in the US. The guide designates each sale as being with a Warranty or Without (although the second designation varies in some states where “As-Is” sales are not allowed).
The language which explains what all this means was just rewritten by the Federal Trade Commission. It won’t fix the problem but the new language is slightly better. And it looks like it is a step in the right direction, albeit a small one. I explain all in this week’s podcast. The audio:
And the video:
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Steve Lehto has been practicing law for 25 years, almost exclusively in consumer protection and Michigan lemon law. He wrote The Lemon Law Bible and Chrysler’s Turbine Car: The Rise and Fall of Detroit’s Coolest Creation.
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