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What ongoing lease items must the dealer disclose?

April 26, 2017Dealer disclose items lease ongoing

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What ongoing lease items must the dealer disclose?

1 Answer

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10 Posted

The Consumer Leasing Act requires dealers to disclose the total number of payments, the amount of each payment, the total amount of all payments, and the due date or schedule of payments. There is usually a penalty for late payment, which the Lessor must disclose to you.