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The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
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Third-party cookies are a detail many have overlooked in the regulation.
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Some practices are better left undone at the dealership, for its, and the consumer's, good.
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Let's revisit Form 8300, which helps safeguard the financial system.
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The industry pushes back over cost of compliance, disclosure definitions, informed consent, and pricing rules.
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Dealers should take care to avoid practices that regulators could deem to be tricks or manipulation of consumers.
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To keep things simple and keep your business off of regulators' target list, avoid fraud and charging bogus fees.
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Dealers should establish policies to handle claims and develop strategies to mitigate claims.
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Change focuses on notifications after a breach. Is your dealership ready to meet the requirements?
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Product progress comes as new regulations require deletion of consumer personal data stored in vehicles in New Jersey and Illinois.
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