Federal Laws Regulating the Sale of Vehicles
The Federal Anti-Tampering Odometer Law prohibits anyone from falsifying odometer mileage readings. 49 U.S.C. § 32703. The Federal Used Car Law requires that dealers post Buyers Guides on used cars. 16 C.F.R. § 455.2. The Federal Automobile Information Disclosure Act requires manufacturers and importers of new cars to affix a sticker, called the "Monroney label," on the windshield or side window of the car. 15 U.S.C. § 1232. The Monroney label lists the base price of the car, the options installed by the manufacturer, along with their suggested retail price, how much the manufacturer has charged for transportation.
Last revised: 21 October 2008