Nev. Admin. Code § 482.175

Current through December 12, 2024
Section 482.175 - Lease advertised

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.

Nev. Admin. Code § 482.175

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

NRS 482.160, 482.351