Asked by Callie Idell on May 22, 2024

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The Federal Trade Commission requires used car dealers in most states to display statements that the cars are sold "as is" if the cars are sold with limited warranties.

Limited Warranties

Warranties that cover only certain parts, certain defects, or have other specific limitations established by the seller.

Used Car Dealers

Businesses specialized in selling pre-owned vehicles to consumers.

  • Absorb the principles and regulatory measures of the FTC in relation to practices concerning sales and advertising.
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GS
Ganesh SajjanMay 27, 2024
Final Answer :
False
Explanation :
The Federal Trade Commission requires used car dealers to display a Buyer's Guide on used cars for sale, which indicates whether the car is being sold "as is" or with a warranty. The requirement to display "as is" applies only if the dealer is selling the car without any warranty. If the car comes with a warranty, the Buyer's Guide must detail the warranty coverage.