View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
FTC RIN: 3084-AB05 Publication ID: Fall 2010 
Title: Used Motor Vehicle Trade Regulation Rule 
Abstract: Effective in 1985 and last reviewed in 1995, the Used Motor Vehicle Trade Regulation Rule (or Used Car Rule) sets out the general duties of a used vehicle dealer and provides for a label on the window of the car describing the condition of the car and whether it is warranted by the used vehicle dealer. The Used Car Rule also prohibits the used vehicle dealer from making statements contrary to those on the label. On July 21, 2008, the Commission published a notice seeking public comments on the effectiveness and impact of the Rule. The notice sought comments on a range of issues including whether a bilingual Buyers Guide would be useful or practicable, as well as what form such a Buyers Guide should take. Second, the notice sought comments on possible changes to the Buyers Guide that reflect new warranty products such as certified used car warranties, that have become increasingly popular since the Rule was last reviewed. Finally the notice sought comments on other issues including the continuing need for the Rule and its economic impact, and the effect of the Rule on the used car market. The reopened comment period ended on June 15, 2009, and staff anticipates sending a recommendation to the Commission by during fall 2010. 
Agency: Federal Trade Commission(FTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 16 CFR 455   
Legal Authority: 15 USC 2309   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  07/21/2008  73 FR 42285   
ANPRM Comment Period End  09/19/2008    
ANPRM Comment Period Extended  09/25/2008  73 FR 55548   
ANPRM Comment Period Extended To  11/19/2008    
ANPRM Comment Period Reopened  04/30/2009  74 FR 19912   
ANPRM Comment Period End  06/15/2009    
Staff Recommendation to Commission  12/00/2010    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
John Hallerud
Attorney
Federal Trade Commission
55 W. Monroe Street, Suite 1825,
Chicago, IL 60603-5001
Phone:312 960-5615
Email: jhallerud@ftc.gov