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The federal Used Car Rule requires dealers to display on each used car offered for sale a window sticker, called a Buyers Guide, that includes warranty and other important information for consumers.
The FTC's (Federal Trade Commission) Used Car Rule requires California Dealers to post a Buyers Guide in every used car they offer for sale. You must post a Buyers Guide before you display a vehicle for sale or let a customer inspect it for the purpose of buying it, even if the car is not fully prepared for delivery.
On the back of the revised Buyers Guide, air bags and catalytic converters have been added to the list of major defects that may occur in used vehicles.
When you are completing the FTC Buyers Guide you must include the vehicle make, model, year, and vehicle identification number. The Federal Trade Commission requires the vehicle identification number on the buyers guide to match the vehicle identification number on the vehicle it is placed upon.
The Buyers Guide. Section 455.2 of the Rule requires dealers to prepare and display a window sticker called the Buyers Guide before offering a used vehicle for sale to a consumer. The Buyers Guide must disclose whether any warranty is offered and the basic terms of any warranty.
-Insurers must provide a buyer's guide to all prospective policy applicants prior to accepting their initial premium. -If the policy contains an unconditional refund provision of at least 10 days (free-look period), a buyer's guide can be delivered with the policy.
The FTC's (Federal Trade Commission) Used Car Rule requires California Dealers to post a Buyers Guide in every used car they offer for sale. You must post a Buyers Guide before you display a vehicle for sale or let a customer inspect it for the purpose of buying it, even if the car is not fully prepared for delivery.
(1) The insurer shall provide a Buyer's Guide to all prospective purchasers, prior to accepting the applicant's initial premium or premium deposit.
5. A life insurer shall provide to all prospective insureds a buyer's guide prior to accepting the applicant's initial premium or premium deposit.
The Buyers Guidethe major mechanical and electrical systems on the car, as well as some of the major problems that consumers should look out for;whether the vehicle is being sold "as is" or with a warranty;what percentage of the repair costs a dealer will pay under warranty;More items...