US FTC finalizes car-buying rules to rein in junk fees, bait-and-switch

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Federal Trade Commission seal is seen at a news conference at FTC headquarters in Washington, U.S., July 24, 2019. REUTERS/Yuri Gripas/File Photo Acquire Licensing Rights

WASHINGTON, Dec 12 (Reuters) – Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees – like a service contract for an oil change for an electric vehicle – under a new rule, the U.S. Federal Trade Commission said on Tuesday.

The rule could…

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