The FTC also alleges that Tate’s Auto deceived consumers about the terms and conditions of finance and lease offers. For example, Tate’s Auto allegedly advertised discounts and incentives to consumers without adequately disclosing limitations or restrictions that would prevent the majority of customers from qualifying in the first place.
Finally, the FTC alleged that Tate’s Auto’s social media ads violated federal law by failing to disclose required terms. The complaint charges Tate’s Auto with violating the FTC Act, the Truth in Lending Act and the Consumer Leasing Act. Accordingly, the FTC is seeking an injunction barring the defendants from said practices in the future.
