New York Laws
Article 11 - Rental Purchase Agreements
505 - Advertisement.

(a) that the transaction advertised is a rental-purchase agreement;
(b) the total number of payments and the total amount to be paid to
acquire ownership, which amount shall be explicitly labeled "total
cost";
(c) the circumstances under which the consumer can acquire ownership
rights; and
(d) whether the advertised terms are for new or used merchandise.
2. An advertisement for personal property available through
rental-purchase agreements that refers to more than one appliance or
particular item and includes information on periodic payment amounts
shall include a representative item available at that amount and shall
conspicuously state:
(a) that the merchandise offered may be new or used;
(b) that transaction advertised is a rental-purchase agreement; and
(c) that the consumer does not acquire ownership rights unless the
consumer complies with the ownership terms of the agreement.
3. Every item displayed or offered under a rental-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 affixed to the item:
(a) the cash price of the merchandise;
(b) the amount of the periodic payment and the total number of
periodic payments required for ownership; and
(c) the total amount that must be paid to acquire ownership of
merchandise, which amount shall be explicitly labeled total cost.