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MissouriFamilies.org - Money Matters - Consumer Action

 

Quick Answers...Auto

 

If I buy a car from a private party rather than a dealer, does the Used Car Rule enforced by the Federal Trade Commission still apply?
 

No. The Used Car Rule requires used car dealers to post a Buyers Guide detailing warranty and other important information on the used cars they sell.
 

Generally sales from private parties are not covered under the same laws as dealers. Therefore, be especially careful when buying a vehicle from a private party.

 

 

 

 

 

 

Brenda Procter, M.S., State Specialist & Instructor
Personal Financial Planning, University of Missouri-Extension

 

Last update: Friday, April 21, 2006

 

 

 

 

 

 

 

 


 
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