Advertised Finance Rate

Section 475 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.