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Author	Topic: Car Dealers Seek Break From Handing Out Insurance Guide	Post a Reply Back to Topics

ziyulu Champion Author Oklahoma City Posts:8,485 Points:1,600,420 Joined:Aug 2007	Message Posted: Jun 1, 2012 5:18:14 AM Ignore ziyulu Report Abuse U.S. auto dealers such as Autonation Inc. (AN) (AN) and Group 1 Automotive Inc. (GPI) (GPI) want Congress to end a federal mandate to distribute a rarely requested booklet on car insurance costs, calling it an example of regulatory overreach. Since 1972, dealerships selling new cars have been required to circulate the pamphlet, produced by auto-safety regulators, under the threat of a $1,000 fine. The catch: Consumers don’t ask for the information, according to a National Automobile Dealers Association poll that found 96 percent of its members didn’t remember the booklet being requested by customers. Visit Bloomberg Businessweek for full article

ziyulu

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Oklahoma City

Posts:8,485
Points:1,600,420
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Message Posted: Jun 1, 2012 5:18:14 AM

Ignore ziyulu Report Abuse

U.S. auto dealers such as Autonation Inc. (AN) (AN) and Group 1 Automotive Inc. (GPI) (GPI) want Congress to end a federal mandate to distribute a rarely requested booklet on car insurance costs, calling it an example of regulatory overreach.

Since 1972, dealerships selling new cars have been required to circulate the pamphlet, produced by auto-safety regulators, under the threat of a $1,000 fine. The catch: Consumers don’t ask for the information, according to a National Automobile Dealers Association poll that found 96 percent of its members didn’t remember the booklet being requested by customers.
Visit Bloomberg Businessweek for full article

REPLIES (newest first)Ignore Short Messages

DanMtz Champion Author Oakland Posts:3,340 Points:1,240,400 Joined:Oct 2009	Message Posted: Jun 1, 2012 8:00:56 PM Ignore DanMtz Report Abuse It's pretty easy to get that info off the internet these days.
chemist74 Champion Author Cleveland Posts:13,510 Points:2,395,980 Joined:Apr 2005	Message Posted: Jun 1, 2012 9:38:39 AM Ignore chemist74 Report Abuse It would be a lot easier and cheaper for the NHTSA to offer it on their Internet site and simply eliminate some regulations.
SycamoreISU Champion Author Indiana Posts:1,040 Points:258,185 Joined:Jan 2012	Message Posted: Jun 1, 2012 9:19:43 AM Ignore SycamoreISU Report Abuse I don't remember ever seeing this guide, and we've purchased a number of cars over the years. Therefore I cannot give an opinion on its usefulness.
DerHahn Champion Author Illinois Posts:13,698 Points:2,112,185 Joined:May 2004	Message Posted: Jun 1, 2012 8:26:56 AM Ignore DerHahn Report Abuse dealers don't want people to know if one car cost more to insure than another. especially if the higher insurance cost is on a vehicle that gets them more profit.
jeffbone Champion Author Virginia Posts:1,356 Points:398,985 Joined:Mar 2011	Message Posted: Jun 1, 2012 7:55:08 AM Ignore jeffbone Report Abuse "Not Newsworthy"
Rockinrobby Veteran Author Tallahassee Posts:444 Points:276,990 Joined:Mar 2011	Message Posted: Jun 1, 2012 7:23:44 AM Ignore Rockinrobby Report Abuse huh
Nancy&Len Champion Author Cleveland Posts:2,043 Points:1,943,865 Joined:Sep 2004	Message Posted: Jun 1, 2012 7:20:52 AM Ignore Nancy&Len Report Abuse I've bought several new cars since this was enacted and never saw one of these.
TRYWI All-Star Author Appleton Posts:898 Points:282,150 Joined:Jan 2012	Message Posted: Jun 1, 2012 6:44:05 AM Ignore TRYWI Report Abuse okay more scams
studandbabe Champion Author California Posts:4,210 Points:1,015,070 Joined:Mar 2010	Message Posted: Jun 1, 2012 6:36:26 AM Ignore studandbabe Report Abuse Is this really necessary?
SUNOIL Champion Author Toledo Posts:5,230 Points:1,923,080 Joined:Jul 2007	Message Posted: Jun 1, 2012 6:36:15 AM Ignore SUNOIL Report Abuse Never seen one of these but I don't see it as a big deal.
el_fr Champion Author Massachusetts Posts:3,327 Points:742,750 Joined:Apr 2011	Message Posted: Jun 1, 2012 6:22:22 AM Ignore el_fr Report Abuse Never knew this existed. Why don't the dealers just give it out instead of waiting to be asked for it?
yardslave Champion Author Oklahoma City Posts:2,544 Points:594,755 Joined:Dec 2005	Message Posted: Jun 1, 2012 6:14:27 AM Ignore yardslave Report Abuse So why do the dealers want it removed? Wouldn't The information be better if it is disclosed? Sounds like more dealer cover up of buyer costs.....
OTISFL Champion Author Pensacola Posts:4,595 Points:862,890 Joined:Apr 2009	Message Posted: Jun 1, 2012 6:10:12 AM Ignore OTISFL Report Abuse Our government doing it to us again!
Buckeyee Champion Author Maine Posts:4,591 Points:896,830 Joined:May 2010	Message Posted: Jun 1, 2012 5:56:29 AM Ignore Buckeyee Report Abuse Our government doing what it does best !!
humblepie Champion Author Toledo Posts:34,114 Points:2,369,420 Joined:Mar 2006	Message Posted: Jun 1, 2012 5:39:34 AM Ignore humblepie Report Abuse another, jimmy carter legacy