Illinois Administrative Code
Title 14 - COMMERCE
Part 475 - MOTOR VEHICLE ADVERTISING
Subpart F - LEASE ADVERTISING
Section 475.710 - Lease Advertising Disclosures
Current through Register Vol. 48, No. 12, March 22, 2024
a) It is an unfair or deceptive act to advertise the offer of a "consumer lease" if the advertisement contains any one of the following two "triggering terms": amount of any payment or a statement of any capitalized cost reduction or other payment required prior to or at consummation or by delivery, if delivery occurs after consummation, without clearly and conspicuously disclosing:
b) Except for the statement of a periodic payment, any affirmative or negative reference to a charge that is part of the total amount due at lease signing shall not be more prominent than that disclosure.
c) An advertisement which complies with the Consumer Leasing Act of 1976 ( 15 USC 1601 et seq.), and amendments thereto, and any regulations issued or which may be issued thereunder, shall be deemed in compliance with the provisions of this Section.