The Federal Trade Commission has announced new regulations, called the Combating Auto Retail Scams Rule, that are meant to stop car dealers from screwing customers with hidden fees and other bait-and-switch pricing tactics. Oh, happy days!
The agency says these predatory fees and tactics cost auto consumers in the U.S. $3.4 billion per year, and they add 72 million hours to their time spent shopping for vehicles, according…
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