Need guidance on Reg Z 1026.4(9)(b), or other regulatory requirement, on how to properly advertise a cash discount price vs financing price on an open end credit card loan.
Example, customer goes to a store and looks at a tractor advertisement tag that (for example) advertises "Model ABC $4108.97 at 0% APR for 48 months with a $125 Promo Fee OR Cash Discount Price of $3,999". Besides the full finance disclosure, is there any other regulatory requirement to disclose anything additional? Does the difference in cash price vs financing price have to be explained? Or can the merchant simply offer their own discount amount (via a percentage of regular price or set dollar amount)?