Financing Disclosure - Sale of Used Car is a legal document that was released by the New York City Department of Consumer and Worker Protection - a government authority operating within New York City.
Q: What is financing disclosure?
A: Financing disclosure refers to the information provided about the terms and conditions of a financing agreement for the sale of a used car.
Q: Why is financing disclosure important?
A: Financing disclosure is important because it ensures transparency and helps buyers make informed decisions about their purchase.
Q: What is the sale of a used car?
A: The sale of a used car refers to the process of selling a vehicle that has been previously owned by someone else.
Q: What is the financing agreement for the sale of a used car?
A: The financing agreement for the sale of a used car is the contract between the buyer and the lender that outlines the terms and conditions of the loan.
Q: What information is included in financing disclosure?
A: Financing disclosure typically includes the total cost of the vehicle, the interest rate, the length of the loan, any fees or charges, and the buyer's rights and responsibilities.
Q: Is financing disclosure required in New York City?
A: Yes, financing disclosure is required by law in New York City to protect consumers and ensure fair practices in the sale of used cars.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the New York City Department of Consumer and Worker Protection.