The FTC is on the road in Florida looking at used car guides and several stores have been cited. The federal Used Car Rule requires dealers to display on each used car offered for sale a window sticker, called a “Buyers Guide,”...
Read MoreNADA President Peter Welch led off a full day of testimony before Department of Commerce and Defense officials by announcing a brand-new NADA-commissioned study of how consumers and dealers would be adversely impacted if the Administration were to impose new tariffs or quotas on imported automobiles and automobile parts.
Read MoreThe final orders announced today prohibit dealers from claiming that their used vehicles are safe, have been repaired for safety issues, or have been subject to a rigorous inspection, unless they are free of open recalls, or the...
Read MoreBy Bill Fox, NADA Chairman What’s in 2.2 percent? As a percentage of total sales, it’s a number that represents the average pretax, net profit at U.S. franchised new-car dealerships, according to NADA Data 2014. And...
Read MoreWe have given you the backdrop on this in the past. Consumers do expect you to know even if the vehicle sold is pre-owned and not in your franchise basket. So while you are not legally responsible today to ensure that recalls on...
Read MoreBackground: IRS Important Information for Consumers Transferring Clean Vehicle Tax Credits
IRS Checklist: Clean Vehicle Credit Transfer
IRS Video: How to Submit Time of Sale Reports
Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After
Federal Tax Credits for Pre-owned Plug-in Electric and Fuel Cell Vehicles
Commercial Clean Vehicle Credit
