The Used Car Rule

OMB Control No: 3084-0108	ICR Reference No: 201410-3084-004
Status: Historical Inactive	Previous ICR Reference No: 201312-3084-003
Agency/Subagency: FTC	Agency Tracking No:
Title: The Used Car Rule
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 01/02/2015
Retrieve Notice of Action (NOA)	Date Received in OIRA: 11/20/2014
Terms of Clearance: OMB appreciates FTC's consideration of comments received, and providing the supplemental notice for public input. The FTC should consider the subsequent comments received regarding the information collection instrument(s) and provide a response and any necessary adjustments in its next submission to OMB.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2017	36 Months From Approved	01/31/2017
Responses	61,793,888	0	61,793,888
Time Burden (Hours)	2,296,226	0	2,296,226
Cost Burden (Dollars)	8,687,400	0	8,687,400

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Abstract: In December 2012, the Federal Trade Commission ("FTC" or "Commission") issued a notice of proposed rulemaking ("NPRM") setting forth proposed changes to the FTC's Used Car Rule (ICR Ref. No. 201206-3084-002). After reviewing the comments, the Commission now proposes additional modifications to the proposal made in the NPRM to address concerns raised by commenters.

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Authorizing Statute(s): US Code: 15 USC 2301-2132 Name of Law: Magnuson-Moss Warranty Act

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3084-AB05	Proposed rulemaking	79 FR 70804	11/28/2014

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 10

IC Title Form No. Form Name Displaying Buyers Guides on used cars Entering data on Buyers Guides for used cars with warranty Entering data on Buyers Guides on used cars w/o a warranty Optional disclosures concerning non-dealer warranties Revising Buyers Guides as necessary Spanish lang. sales: data entry on Buyers Guides for used cars w/o wty Spanish lang. sales: data entry on Buyers Guides for used cars with wty Spanish lang. sales: displaying Buyers Guides on used cars Used Car Dealers Ordering & Stocking Buyers Guides Used cars for vehicle history disclosures

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Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The increased estimated burden accounts for proposed required disclosures regarding vehicle history reports and proposed optional disclosures regarding non-dealer warranties.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: John Hallerud 312 960-5615 [email protected]

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Common Form ICR:  No

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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:
		(a) It is necessary for the proper performance of agency functions;
		(b) It avoids unnecessary duplication;
		(c) It reduces burden on small entities;
		(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
		(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
		(f) It indicates the retention periods for recordkeeping requirements;
		(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
			(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;
		(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
		(i) It uses effective and efficient statistical survey methodology (if applicable); and
		(j) It makes appropriate use of information technology.
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.
Certification Date: 11/20/2014

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