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The CARS Rule: Making Auto Assets Accessible
Do you ever wish that car dealers had to sell vehicles for exactly what they advertise the price to be, instead of using secretive tactics to raise the price?
Cars are one of the most substantial assets that some low income families ever own, and acquiring one so that you can get to your job or take your kids to school shouldn't require extensive knowledge in accounting and contract law.
The Federal Trade Commission's proposed policy promises to bolster vehicular asset building by making auto dealers actually sell vehicles for their listed price, ensuring transparency with financial consumers. If this policy were to go into effect, the experience of buying a car would no longer include intentionally confusing math or bait-and-switch sale strategies.
Join us on Zoom to learn more!
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