A dealer is required to disclose what necessary details in credit sale advertisements?

In credit sale advertisements, it is essential for dealers to disclose the payment period and finance charge. This requirement ensures that consumers have a clear understanding of the terms of the financing agreement, which is crucial for informed decision-making. By providing this information, dealers contribute to transparency and help potential buyers evaluate the total cost of the vehicle over time, including interest. This level of detail is part of the regulatory framework designed to protect consumers and ensure that they are not misled by vague or misleading advertisements.

The necessity of these disclosures stems from consumer protection laws, which aim to prevent deceptive practices in auto sales and financing. A clear articulation of the payment period allows buyers to recognize how long they will be making payments, while the finance charge indicates the cost of borrowing, helping consumers to compare different financing offers effectively.