Ftc Cars Rule 2024. The rule will go into effect in july 2024 and. The cars rule, effective on july 30, 2024, sets new requirements on the sale, financing, and leasing of vehicles by motor vehicle dealers.

The cars rule is a ftc regulation that aims to prevent deceptive or unfair practices in the car buying or leasing process. On january 18, 2024, the federal trade commission’s (“ftc”) announced that it is postponing the effective date of the combating auto retail scams rule (“cars rule”) in light of the legal challenge from industry trade associations seeking.