Nev. Admin. Code § 490.230

Current through December 12, 2024
Section 490.230 - Payments and down payments advertised
1. The amount of payments and down payments must not be stated in a manner that gives the impression that either amount is the selling price of the off-highway vehicle.
2. The statement "no money down" or others of similar import mean that the advertiser will deliver the off-highway vehicle described to the purchaser without payment of any nature or without a trade-in.
3. Unless the advertiser clearly indicates that there is a down payment, the amount quoted as the weekly, monthly or other periods of installment payments must be understood to include the down payment.

Nev. Admin. Code § 490.230

Added to NAC by Dep't of Motor Veh. by R130-11, 6-29-2012, eff. 7-1-2012

NRS 481.051, 490.066, 490.410