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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.
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