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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
3084-0108
ICR Reference No:
201312-3084-003
Status:
Historical Active
Previous ICR Reference No:
201012-3084-001
Agency/Subagency:
FTC
Agency Tracking No:
Title:
The Used Car Rule
Type of Information Collection:
Extension without change of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
01/24/2014
Retrieve Notice of Action (NOA)
Date Received in OIRA:
12/24/2013
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2017
36 Months From Approved
02/28/2014
Responses
61,793,888
0
52,796,189
Time Burden (Hours)
2,296,226
0
1,974,409
Cost Burden (Dollars)
8,687,400
0
4,906,274
Abstract:
The Rule facilitates informed purchasing decisions by consumers by requiring used car dealers to disclose information about warranty coverage, if any, and the mechanical condition of used cars they offer for sale.
Authorizing Statute(s):
US Code:
15 USC 2301-2132
Name of Law: Magnuson-Moss Warranty Act
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
78 FR 59032
09/25/2013
30-day Notice:
Federal Register Citation:
Citation Date:
78 FR 77684
12/24/2013
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
8
IC Title
Form No.
Form Name
Displaying Buyers Guides on used cars
Entering data on Buyers Guides for used cars with warranty
Entering data on Buyers Guides on used cars w/o a warranty
Revising Buyers Guides as necessary
Spanish lang. sales: data entry on Buyers Guides for used cars w/o wty
Spanish lang. sales: data entry on Buyers Guides for used cars with wty
Spanish lang. sales: displaying Buyers Guides on used cars
Used Car Dealers Ordering & Stocking Buyers Guides
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
61,793,888
52,796,189
0
0
8,997,699
0
Annual Time Burden (Hours)
2,296,226
1,974,409
0
0
321,817
0
Annual Cost Burden (Dollars)
8,687,400
4,906,274
0
0
3,781,126
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
There are no program changes. The estimated number of dealers has increased from the previously cleared estimate of 53,735 to 55,432, and the estimated number of used cars sold annually have increased from 24,531,374 to 28,958,000.
Annual Cost to Federal Government:
$277,000
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
John Hallerud 312 960-5615 jhallerud@ftc.gov
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
12/24/2013
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