TITLE 14: COMMERCE
SUBTITLE B: CONSUMER PROTECTION CHAPTER II: ATTORNEY GENERAL PART 475 MOTOR VEHICLE ADVERTISING SECTION 475.630 ADVERTISED FINANCE RATE
Section 475.630 Advertised Finance Rate
It is an unfair or deceptive act to advertise a finance rate (APR) without disclosing, if such is the fact, the following:
a) that such rate is limited to certain models;
b) that the price may be increased by a dealer's contribution to lower the rate;
c) that to take advantage of such a reduced rate, a customer must purchase additional options or services;
d) that taking advantage of the rate will increase the final price of the vehicle or options or services purchased;
e) that the offer expires after a limited time period; and
f) any other conditions, qualifications or limitations which materially affect the availability of such rate. |