#343 FTC Crackdowns : New Car Dealer Rules You Need to Know

FTC Dealer Transparency Rules: What Car Buyers Need to Know WrenchNation Welcomes Ray Shefska of CarEdge The car-buying landscape is changing—and consumers need to pay attention. On our latest episode of WrenchNation, we sat down with Ray Shefska of CarEdge to break down the latest FTC dealership transparency mandates and what they could mean for everyday car buyers across America. For years, many consumers have faced confusing pricing, surprise add-ons, hidden fees, and high-pressure tactics inside dealership finance offices. Now, the Federal Trade Commission is pushing for stronger transparency standards designed to create a clearer and fairer buying process. What We Covered on the Show How hidden fees can inflate the final vehicle price Why “monthly payment shopping” can cost buyers thousands Add-ons, warranties, and products consumers should question What younger buyers expect from the vehicle purchase process How dealership practices may evolve moving forward Why informed buyers hold the power in today’s market Why This Matters Whether you’re buying new, used, leasing, or just researching your next move, understanding the fine print has never been more important. The old model of confusion and pressure is being challenged, and smart consumers who prepare before stepping onto the lot can save serious money. Ray Shefska Brings Real Insight Ray and the team at CarEdge have built a trusted voice in automotive consumer education—helping buyers understand pricing, negotiations, financing, trade-ins, and dealership tactics in plain English. Check out their Youtube channel with a plethora of great information : CareEdge YouTube