FTC imposed the penalty after its<\/a> filing alleging Vroom had misrepresented its examination of vehicles before listing them and failed to obtain consumers\u2019 consent for delivery delays or provide prompt refunds.<\/p>\n\n\n\n\u201c\u201cVroom promised the fast deliveries of thoroughly inspected cars, but sped right past compliance,\u201d said Samuel Levine, Director of the FTC\u2019s Bureau of Consumer Protection in a press release. \u201cOnline car dealers and other Internet sellers must provide required disclosures just like any brick-and-mortar businesses that comply with the law.\u201d<\/p>\n\n\n\n
The FTC alleged Vroom did not follow regulations in the Used Car Rule, the Pre-Sale Availability Rule and the Mail, Internet and Telephone Order Rule (MITOR).<\/p>\n\n\n\n
Vroom announced in January<\/a> that it was discontinuing its ecommerce operations and ending its used vehicle dealership business. Vroom owns United Auto Credit Corporation and CarStory and will continue to operate the businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"Vroom will pay $1 million as part of a settlement with the Federal Trade Commission announced last week.…\n","protected":false},"author":1,"featured_media":3837,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3,39,54],"tags":[],"class_list":{"0":"post-4975","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-industry","8":"category-compliance","9":"category-legislative","10":"cs-entry","11":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/comments?post=4975"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media\/3837"}],"wp:attachment":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media?parent=4975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=4975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=4975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}