Which of the following disclosures is NOT required when advertising a closed-end credit sale of a motor vehicle with specified terms?

In the context of closed-end credit sales for motor vehicles, certain disclosures are mandated to ensure that consumers are fully informed about the terms of the loan. The requirements include disclosing the down payment amount, the number of payments, and the amount of the finance charge. These elements are critical for the consumer’s understanding of their financial obligations.

The tax rate, while potentially relevant to the overall cost of the vehicle, is not a specific requirement in the advertising of closed-end credit sales. It may vary based on location and is typically not considered a fundamental part of the credit agreement itself in the way that the other terms are. This is why the tax rate does not need to be included in the disclosure for the advertisement of a closed-end credit sale. The focus remains on the essential terms that directly affect the financing of the vehicle, which are laid out clearly in the other disclosures.