Comment Letters

April 2, 2020 | Filed under: Automobiles | Tagged with: military lending act, servicemembers

NACA is surprised and disappointed with the Department of Defense's retreat from its rule interpretation on auto financing under the MLA. This recent action only increases the likelihood of harm and additional financial distress on military consumers.



June 19, 2017 | Filed under: Automobiles

There is a large and unjustified discrepancy between the rights and protections provided to Massachusetts consumers who purchase motor vehicles and those who lease. Courts have remarked upon the inherent unfairness of denying these protections to Massachusetts lease
consumers. Massachusetts bill (S.B. 127) would impose no new obligations on dealers or finance companies other than what currently exists for consumer motor vehicle sales or is required by federal law.

January 17, 2017 | Filed under: Automobiles

NACA joins groups on a comment letter in response to the Federal Trade Commission's (FTC) proposed settlements with CarMax, Asbury Automotive Group, and West-Herr Automotive Group. "[D]espite the FTC’s acknowledgment of the imminent hazards that can be posed by unrepaired recalled vehicles, the proposed agreements would allow the respondent car dealers to advertise unsafe, unrepaired, defective recalled used cars with serious safety defects that have killed and injured people as “safe,” “repaired for safety issues,” or “subject to a rigorous inspection,” without repairing the safety defects."

October 24, 2016 | Filed under: Automobiles

NACA, public interest groups ask U.S. Senators to join Senator Richard Blumenthal on his letter urging the Federal Trade Commission (FTC) to use its rulemaking authority to combat discriminatory and unfair lending practices in auto lending.

March 7, 2016 | Filed under: Automobiles | Tagged with: FTC

NACA submitted comments in response to the Federal Trade Commission’s (FTC) proposed survey of consumers who recently purchased and financed an automobile through a dealer. NACA advocates, many of whom represent consumers harmed following their transactions with auto dealers, encounter numerous patterns and varieties of misconduct in auto sales and financing. NACA supports a well-executed survey aimed at uncovering important data to assist the FTC in vigilantly monitoring the marketplace and curbing unfair and deceptive acts and practices in auto sales and lending.

February 29, 2016 | Filed under: Automobiles

NACA joins groups on written comments responding to the Federal Trade Commission's proposed settlements with General Motors, Jim Koons Management, and Lithia Motors. The proposed settlements attempt to address the practice of selling cars as “certified,” or with the use of similar terms, in which cars are advertised as thoroughly inspected and safe cars, despite the cars' having unrepaired safety recalls.

February 25, 2016 | Filed under: Automobiles

Civil rights & consumer groups call on Warren Buffett, owner of a large auto dealer chain, to oppose discriminatory auto dealer markups.

December 8, 2014 | Filed under: Automobiles

NACA Comment Letter re: CFPB's Proposed Auto Financing Larger Participant Rule