The Used Car Rule

ICR 201907-3084-001

OMB: 3084-0108

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2019-11-20
ICR Details
3084-0108 201907-3084-001
Active 201511-3084-004
FTC
The Used Car Rule
Extension without change of a currently approved collection   No
Regular
Approved without change 01/08/2020
Retrieve Notice of Action (NOA) 11/20/2019
  Inventory as of this Action Requested Previously Approved
01/31/2023 36 Months From Approved 01/31/2020
69,525,551 0 66,614,829
2,368,993 0 2,275,699
10,955,390 0 10,487,457

The Federal Trade Commission seeks renewed OMB clearance for the information collection provisions implementing the provisions of the Used Car Trade Regulation Rule, 16 CFR Part 455. The Used Car Rule requires dealers to display on used cars offered for sale a window sticker called a “Buyers Guide” containing warranty and other information. The Rule also requires Spanish language versions of the Buyers Guide when dealers conduct sales in Spanish.

US Code: 15 USC 2301-2132 Name of Law: Magnuson-Moss Warranty Act
  
None

Not associated with rulemaking

  84 FR 38979 08/08/2019
84 FR 64072 11/20/2019
No

  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 69,525,551 66,614,829 0 0 2,910,722 0
Annual Time Burden (Hours) 2,368,993 2,275,699 0 0 93,294 0
Annual Cost Burden (Dollars) 10,955,390 10,487,457 0 0 467,933 0
No
No
There are no program changes since the FTC’s prior clearance renewal in 2016. The slight increase in annual burden hours from 2,275,699 to 2,368,993 is due to changes in the number of used car dealers and the number of used cars sold annually since the prior renewal. Additionally, there is an upward adjustment in the annual labor costs stemming from slightly higher estimated hourly rates.

$353,076
No
    No
    No
No
No
No
Uncollected
Elizabeth Scott 312 960-5609 [email protected]

  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.
11/20/2019


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