You can’t always believe what you see. Especially when it comes to car advertisements. Those ads promising low financing and easy monthly payments are probably too good to be true.
Nine auto dealers agreed to settle charges of alleged deceptive advertising, the Federal Trade Commission announced in a conference call and press release Thursday. Action is currently being taken with a tenth dealership.
The nationwide sweep, Operation Steer Clear, found dealers made a variety of misrepresentations in advertisements, violating the FTC Act by falsely leading consumers to believe they could purchase or lease vehicles for much lower prices.