"Dealers Under Scrutiny for Misleading Ad Prices: FTC Cracks Down on Online Listings In a move aimed at promoting transparency in the used car market, the Federal Trade Commission (FTC) is taking a closer look at the advertised prices of vehicles on third-party websites. Dealers are being held accountable for the prices listed on platforms such as Cars.com and CarGurus, which have been accused of allowing false or misleading information to be posted. The FTC's investigation seeks to ensure that consumers are not being misled by inflated or inaccurate prices, and that dealers are taking responsibility for the accuracy of their online listings. As the FTC continues to monitor the situation, it remains to be seen whether dealers will be forced to revise their pricing practices to comply with federal regulations."
The Federal Trade Commission is watching dealers' advertised vehicle prices and says stores are responsible for their listings on third-party sites. However, vendors such as Cars.com and CarGurus have ...