Which disclosure is NOT required in advertisements for closed-end credit sales of motor vehicles?

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In the context of advertisements for closed-end credit sales of motor vehicles, certain disclosures are mandated to ensure that consumers are well-informed about the terms of the financing. The correct answer is that the tax rate is not required to be disclosed in these advertisements.

The purpose of required disclosures, such as interest rate terms, total number of payments, and the purchase price of the vehicle, is to provide consumers with clear information about the financial obligations they would incur. This transparency helps buyers make informed decisions and allows them to accurately compare various financing options.

While taxes are an important aspect of the total cost of purchasing a vehicle, they are not typically included in the essential disclosures for closed-end credit advertisements. Such details may vary by location and may be provided separately at the point of sale or through other means rather than in the advertisement itself. Thus, it's not a requirement to disclose the tax rate in ads for closed-end credit sales of motor vehicles.

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