FTC Extends Used Car Rule – 3 Million Hours of Dealer Paperwork
Published Date: 2/25/2026
Notice
Summary
The Federal Trade Commission wants to keep collecting info under the Used Car Rule for three more years, helping buyers get clear info when shopping for used cars. This affects used car dealers and involves about 3.17 million hours of work and $88.5 million in costs each year. If you have thoughts, speak up by March 27, 2026!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Used Car Dealers Keep Compliance Burden
The FTC is asking OMB to extend the information-collection clearance for the Used Car Rule for an additional three years. That collection imposes about 3,166,352 annual burden hours on used car dealers and annual costs of $69,216,455 in labor plus $19,300,000 in non-labor costs (about $88.5 million per year).
Buyers Guide Disclosure Continues
The Used Car Rule continues to require that used car dealers display a 'Buyers Guide' on each used car offered for sale that shows warranty coverage and other information to help purchasers. This rule is in effect as the FTC seeks a three-year extension of the related information collection, with current clearance expiring on February 28, 2026.
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