The Used Car Rule

ICR 200410-3084-004

OMB: 3084-0108

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
32313
Migrated
ICR Details
3084-0108 200410-3084-004
Historical Active 200108-3084-003
FTC
The Used Car Rule
Extension without change of a currently approved collection   No
Regular
Approved without change 12/17/2004
Retrieve Notice of Action (NOA) 10/27/2004
Approved without change. OMB welcomes FTC's re-estimation of the burdens and its response to the letter from the National Associa- tion of Automobile Dealers. Page 7 of the supporting statement properly notes that the increase in the number of Spanish-languag e sales has led to increased burden, as dealers post both English and Spanish notices. This information collection represents an extensive paperwork burden. By the time of the next submission, FTC shall explore and report on two ways to reduce the burden. (1 ) By offering a bilingual notice, so that dealers can choose to post only a single form and (2) another means of burden reduction that FTC chooses.
  Inventory as of this Action Requested Previously Approved
12/31/2007 12/31/2007 12/31/2004
30,000,000 0 30,000,000
2,012,250 0 1,925,000
9,000,000 0 9,000,000

The Rule facilitates informed purchasing decisions by consumers by requiring used car dealers to disclose information about warranty coverage, if any, and the mechanical condition of used cars they offer for sale.

None
None


No

1
IC Title Form No. Form Name
The Used Car Rule

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 30,000,000 30,000,000 0 0 0 0
Annual Time Burden (Hours) 2,012,250 1,925,000 0 0 87,250 0
Annual Cost Burden (Dollars) 9,000,000 9,000,000 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/27/2004


© 2024 OMB.report | Privacy Policy