When advertising a lease of a motor vehicle, which of the following is not required to be disclosed?

Prepare for the Colorado Motor Vehicle Dealer Test. Utilize flashcards and multiple choice questions with hints and explanations. Get exam-ready!

In the context of advertising a lease of a motor vehicle, it is vital for consumers to receive accurate and comprehensive information about the terms of the lease. However, while various facets of the lease must be disclosed, the comparison of the cost of leasing versus purchasing is typically not a mandated disclosure in lease advertising.

The required disclosures focus on specific elements that directly pertain to the lease agreement itself. These include scheduled payment amounts and due dates, which inform the consumer about their financial obligations during the lease period. Additionally, whether a security deposit is required is fundamental information that potential lessees need to know regarding the overall cost and commitment of the lease. Finally, clarifying that the transaction is a lease is crucial to ensure all parties understand the nature of the agreement, as leasing and purchasing involve different rights and responsibilities.

On the other hand, disclosing the cost of leasing compared to purchasing does not directly relate to the terms of the lease itself, making it unnecessary for compliance with advertising regulations specific to vehicle leasing. This is why it is not required as part of the essential information that must be provided when advertising a motor vehicle lease.

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