NAC482.175. Lease advertised.  


Latest version.
  • If a dealer offers a vehicle for lease, an advertisement for that vehicle must include a statement that the vehicle is being offered for lease. If a dealer includes a term of the lease in the advertisement, he or she shall include in the advertisement:

         1. The total amount required before the vehicle is delivered;

         2. The number, period and amount of payments;

         3. If an option to buy the vehicle is included in the lease, the price of the option or the method of determining the price of the option;

         4. If an option to buy the vehicle is not included in the lease, a statement indicating that fact; and

         5. The amount or method of determining the amount of any charges imposed at the termination of the lease.

     (Added to NAC by Dep’t of Motor Veh. & Pub. Safety, eff. 3-14-96)