Buying a Car From a Dealer
Find out who the FTC is, how to spot deceptive car ads, negotiate financing and price, and report fraud. Get free resources and stay informed!
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Presentation Transcript
Buying a Car From a Dealer First name Last name | Date
Who the FTC Is and What It Does Enforcement Consumer and Business Education Building Partnerships and Coalitions
Buying a Car: What to Know Before You Go Deceptive Car Ads Negotiating Before You Sign a Contract Report a Problem
How to Spot Deceptive Car Ads Examples of ad claims that may be deceptive and why Deceptive Claim #1: Low, low prices or special discounts Deceptive Claim #2: Low monthly payments Deceptive Claim #3: Zero or low interest rate loans
Negotiating Financing and Price Financing: direct lending or dealership financing Negotiating the price, including add- ons
Before You Sign a Contract Get all promises in writing Read the contract before you sign it Be alert to yo-yo financing
Report Fraud to the FTC English: ReportFraud.ftc.gov Spanish: ReporteFraude.ftc.gov
Get and Share FREE Resources Learn about cars: ftc.gov/cars Learn about scams: consumer.ftc.gov Keep in touch: ftc.gov/consumeralerts Get print materials: ftc.gov/bulkorder
