The totally unscrupulous NADA legally BLOCKED a Consumer Protection Law – all in the effort to keep alive an estimated $40 to $50 Billion dollar price tag to consumers for unethical behavior by dealerships. Billions in Dealers scams! The important FTC CARS RULE is DEAD!
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At a time when dealer behavior is at an all-time low, NADA is working hard to keep the dealership environment as unfair as it can possibly be for consumers. This is some serious damage to car buyers that you absolutely NEED to KNOW about, and Why YOU should totally BOYCOTT the NADA and ALL of its resources!
The National Automobile Dealers Association (NADA), the group we have disparaged in the past, has a very clear mission to ONLY represent car dealerships. They just successfully KILLED a long awaited consumer protection law known as The CARS Rule that would’ve saved US Consumers $40-$50 Billion dollars annually by cracking down on scam fees and misleading advertising.
That’s right! The FTC’s "CARS Rule" we’ve talked so much about, which was designed to stop dishonest dealership tactics, has been struck down in court—all thanks to NADA, their lobbyists, and their deep-pocketed dealer buddies. Yes, big corporate style dealership owners helped to fund this!