I enjoy driving my $80k car for ~$650 a month before tax. But to the extent that is only possible because of average Americans getting screwed I would be ok giving up the LH deals if the average American could go on Toyota(dot)com or even Amazon and get an instant fair price on a new Toyota Camry. Keep in mind the average American getting screwed on new cars is only possible because regulations require most new (Tesla excluded) to be sold by franchise dealers. Which brings us to the new proposed regulations.
The law would require the most basic level of consumer “protection.”. I strongly suspect most of the big automotive new car chains already comply with these proposed regulations (except maybe some Nissan dealers around the DC area who take deceptive pricing to the next level). Compliance cost for some small used car dealers might be more significant. Most of the law is just reiterating basic contract law/not commiting fraud.
I’m fine with opposing it because it’s added regulation. But it seems hypocritical to me to oppose this regulatory scheme while supporting other regulations that only serve to protect car dealers and similarly add to the cost of new vehicles.