"Dealerships in the Crosshairs: FTC Unveils Six "Illegal Pricing Practices" to Watch Out For In a move aimed at cracking down on deceptive business tactics, the Federal Trade Commission (FTC) has issued a stern warning to 97 car dealership groups across the country. In a letter sent in March, FTC Director of the Bureau of Consumer Protection Christopher Mufarrige outlined six specific "illegal pricing practices" that could land dealerships in hot water. These practices, which include artificially inflating prices and making false claims about discounts, are a major red flag for consumers who want to get a fair deal on their next vehicle purchase. As the FTC steps up its enforcement efforts, dealerships would do well to take notice and ensure they're operating within the bounds of the law."
The six “illegal pricing practices" outlined by Christopher Mufarrige, director of the FTC’s Bureau of Consumer Protection, in a letter he sent to 97 dealership groups in March.