Which of the following is required information in lease advertising?

In lease advertising, including the annual percentage rate (APR) is essential because it provides potential lessees with a clear understanding of the financing costs associated with the lease. The APR reflects the total cost of borrowing expressed as a yearly interest rate and helps consumers compare the cost of leasing a vehicle against other financing options, such as purchasing the vehicle outright. Transparency in financing terms, like the APR, is not only a best practice but often a regulatory requirement that aims to protect consumers by ensuring they have all the necessary information to make informed financial decisions.

While other options may include useful information, they do not carry the same legal weight or consumer protection implications as the annual percentage rate in lease advertisements. For example, the dealer's business information or vehicle maintenance history, while relevant, does not directly inform the consumer about the financial aspects of the lease arrangement, nor does it allow for an effective comparison of leasing versus purchasing based solely on the cost of financing.