What is a purchase order for a car?

Buyer's Order/Purchase Order - A purchase order (or buyer's order) is an official document that a dealer sends to a lender. The Buyer's/Purchase order includes information such as VIN, current mileage, sticker price, taxes, fees, bottom line pricing etc.

What must the buyer's guide contain under the FTC's used car rule quizlet?

A rule established by the FTC that requires all used car dealers to place a large sticker (Buyer's Guide) in the window of each used vehicle they offer for sale. A large sticker that states the following: - Whether the vehicle comes with a warranty and, if so, what specific warranty protection the dealer will provide.

What information must be included on the buyer's guide ing to the FTC rule?

The Buyers Guide discloses whether the dealer offers a warranty and, if so, its terms and conditions, including the duration of the coverage, the percentage of total repair costs the dealer will pay, and which vehicle systems the warranty covers.

What must be included on the buyer's guide?

III. The Buyers Guide. Section 455.2 of the Rule requires dealers to prepare and display a window sticker called the Buyers Guide before offering a used vehicle for sale to a consumer. The Buyers Guide must disclose whether any warranty is offered and the basic terms of any warranty.

What does the Buyers Guide tell consumers?

The Buyers Guide tells you: if the dealer is selling the car with a warranty. if the dealer is selling the car without a warranty, or as is what portion of the repair costs a dealer will pay under the warranty. the major systems on the car and some problems you should look out for.

What is the buyers guide?

A buyer's guide is an online article that helps customers make a purchasing decision. It provides considerations for a specific product, including functionality, size, maintenance, price, and different features betweens models or brands.

What is a federal buyers guide?

The Federal Trade Commission Buyers Guide rule is a Federal law that requires dealers to disclose whether or not they are offering a warranty on a vehicle before the test drive. You must disclose warranty information to all customers in advance of any selling activity.

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Q: What is a purchase order for a car?

Buyer&#039;s Order/Purchase Order - A purchase order (or buyer&#039;s order) is an official document that a dealer sends to a lender. The Buyer&#039;s/Purchase order includes information such as VIN, current mileage, sticker price, taxes, fees, bottom line pricing etc.

Q: What is the buyers guide?

A buyer&#039;s guide is an online article that helps customers make a purchasing decision. It provides considerations for a specific product, including functionality, size, maintenance, price, and different features betweens models or brands.

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