Which of the following is a requirement on the Buyer's Guide?

The Buyer's Guide serves as an essential document in a car sale, providing crucial details regarding the vehicle's warranty status and encouraging transparency in the transaction. One of the key requirements of the Buyer's Guide is the inclusion of the purchaser's signature. This signature signifies that the buyer acknowledges having received the Buyer’s Guide and understands the terms outlined within it, including information on any warranties or the absence thereof.

Having the buyer's signature also acts as a form of protection for both the dealership and the buyer, as it demonstrates that the buyer is aware of the conditions related to their purchase. The signature confirms that the information has been disclosed, which is vital in establishing a clear understanding of the sale agreement.

In contrast, details like the dealer's phone number or the loan approval status, while potentially useful, are not mandated on the Buyer's Guide. Likewise, looking for explicit warranty expiration dates is also not a requirement; the guide primarily focuses on presenting whether the car is being sold "as is" or with a warranty, rather than providing expiration dates for warranties.