Trade Regulation

ORS 646A.134
Disclosures required in advertisement for lease-purchase agreements


If an advertisement for a lease-purchase agreement refers to or states the dollar amount of any payment and the right to acquire ownership for any one specific item, the advertisement shall also clearly and conspicuously state the following items, as applicable:


That the transaction advertised is a lease-purchase agreement;


The total of payments necessary to acquire ownership; and


That the consumer acquires no ownership rights if the total amount necessary to acquire ownership is not paid.


Any owner or personnel of any medium in which an advertisement appears or through which it is disseminated shall not be liable under this section.


The provisions of subsection (1) of this section shall not apply to an advertisement which does not refer to or state the amount of any payment, or which is published in the yellow pages of a telephone directory or in any similar directory of business.


Every item displayed or offered under a lease-purchase agreement shall have clearly and conspicuously indicated in Arabic numerals, so as to be readable and understandable by visual inspection, each of the following stamped upon or affixed to the item:


The cash price of the item;


The amount of the periodic payment; and


The total number of periodic payments required for ownership. [Formerly 646.259]
(Collision Damage Waivers
in Vehicle Rentals)
§§ 646A.600 to 646A.628

Law Review Citations

52 WLR 451 (2016)

§§ 646A.400 to 646A.418

(formerly 646.315 to 646.375)

Notes of Decisions

Where purchaser fails to provide notice of condition requiring repair, presumption does not arise that repair time exceeding 30 business days demonstrates inability of manufacturer to conform vehicle. Pavel v. Winnebago Industries, Inc., 127 Or App 16, 870 P2d 856 (1994)

Repair time exceeding 30 business days as evidence of inability to conform vehicle applies only to presently existing defect. Pavel v. Winnebago Industries, Inc., 127 Or App 16, 870 P2d 856 (1994)

Law Review Citations

19 WLR 329 (1983)


Last accessed
Jun. 26, 2021