What is the Buyers Guide required to display by the Federal Trade Commission?

The Buyers Guide mandated by the Federal Trade Commission plays a crucial role in the vehicle purchasing process, particularly concerning the condition of the vehicle. The requirement for an "as is" disclosure on the Buyers Guide serves to inform potential buyers that they are purchasing the vehicle without any warranties, and that any repairs or issues that arise after the sale will be the responsibility of the buyer.

This disclosure ensures transparency and protects both the consumer and the dealership by clarifying the terms under which the vehicle is being sold. The presence of the "as is" notice allows customers to make informed decisions based on the understanding that they are accepting the vehicle's current condition without guarantees for future repairs or issues.

While VIN information, service history, and safety ratings are valuable details that contribute to a potential buyer's understanding of a vehicle, they are not specifically mandated by the Federal Trade Commission to be included on the Buyers Guide in the same way that the "as is" disclosure is required. This makes the "as is" disclosure a critical component of consumer protection in the used vehicle sales process.