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2. US FTC finalizes car-buying rules to rein in junk fees, bait ...

   www.aol.com/news/us-ftc-finalizes-car-buying...

   Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees - like a service contract for an oil change for an electric vehicle ...

3. Car Allowance Rebate System - Wikipedia

   en.wikipedia.org/wiki/Car_Allowance_Rebate_System

   Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...

4. Buying a Car in 2024? Junk Fees Will Be a Thing of the Past - AOL

   www.aol.com/finance/buying-car-2024-junk-fees...

   The Federal Trade Commission (FTC) is cracking down on junk fees. The new rule is expected to save consumers more than $3.4 billion, the FTC said. The FTC's rule goes into effect on July 30, 2024....

5. Federal Court Slaps Down Protections Against Car-Buying Scams

   www.aol.com/finance/federal-court-slaps-down...

   Junk fees, such as pre-purchased oil changes for an electric vehicle or costly-but-identical warranties, were named and explicitly banned under federal regulation since early 2024.

6. Vehicle recycling - Wikipedia

   en.wikipedia.org/wiki/Vehicle_recycling

   In this business model, cars often sit in a dedicated yard for anywhere from a few weeks to several months, and patrons can bring their own tools and remove any parts they want to buy. Once a vehicle has been in the yard for a sufficient period of time, the facility will proceed with the end-of-life vehicle scrapping and recycling process.

7. Wrecking yard - Wikipedia

   en.wikipedia.org/wiki/Wrecking_yard

   In some cases, when the car has become disabled in a place where derelict cars are not allowed to be left, the car owner will pay the wrecker to haul the car away. Salvage yards also buy most of the wrecked, derelict, and abandoned vehicles that are sold at auction from police impound storage lots, and often buy vehicles from insurance tow ...