In the context of transferring ownership of a leased vehicle, which information is NOT required by the Truth In Mileage Act?

The Truth in Mileage Act primarily focuses on ensuring that the odometer readings of vehicles are accurately reported during the transfer of ownership. This act aims to protect consumers from mileage fraud by requiring specific disclosures related to the vehicle's odometer.

The requirement for the name of the person making the disclosure, the current odometer reading, and the Vehicle Identification Number (VIN) serves to provide clear, documented evidence of the vehicle’s history as well as its ownership transfer. These details help establish accountability and confirm the information provided about the vehicle's mileage and identity.

In contrast, the sale price of the vehicle is not required by the Truth in Mileage Act. While it may be a vital piece of information in the overall context of a vehicle sale, it does not pertain to the accuracy of the odometer disclosure and thus is not mandated under this specific regulation. This distinction underscores the Act's focus on combating mileage tampering rather than on financial aspects of the transaction.