State of Colorado Sales License Test UPDATED
ACTUAL QUESTIONS AND CORRECT ANSWERS
Three of the following types of ~Vehicles 10 years old or older~Vehicles having a
motor vehicles are exempt from the gross empty weight more than 10,000 lbs~Vehicles
truth in mileage act. not self propelled (Trailers)
The definition of a used motor a person who attempts to negotiate a sale or lease
vehicle dealer or used dealer of a used motor vehicle or powersports vehicle
includes which of the following? with the intent to make a profit or gain
The Motor Vehicle Board is All Of The Above
authorized and empowered to: ~Amend and repeal rules, regulations and
previsions
When advertising a specific number TRUE
of motor vehicles, that same number
of vehicles must be invoiced to the
dealer
bait and switch is ad that attracts consumers with a low-priced
product, then tries to sell them a higher-priced
product
, Selling, Leasing, Trade-In, with TRUE
option to purchase, offering or
negotiating and exchange of interest
in 3+ vehicles in any 1 year is prima
facie evidence that a person is
engaged in the business of selling or
leasing motor vehicles
By obtaining an off-premise permit, FALSE - NO Sale of vehicle should be done on
dealers may sell motor vehicles at Sundays
another location on Sunday
Which of the following statements is a demo drive cannot exceed 7 days
true regarding dealer demo plates?
Colorado Lemon Law includes: defects that substantially impair the market value of
the vehicle
Motor vehicle insurance is required: for all registered vehicles intended for use on
colorado roads
Which is true regarding in-transit in-transit plates may be used to transport vehicles
plates? from point of purchase to point of storage or from
point of storage to point of sale
Licensed dealers may sell which of The selling of boat trailers and snowmobile are
the following on Sundays? exempt
Which of the following steps are effect a lien creating a security interest, Allow the
required to properly and legally required payment to default (become at least 10
repossess a motor vehicle? days late), send or hand deliver a "right to cure"
letter to the debtor and allow the debtor 20 days
to cure
ACTUAL QUESTIONS AND CORRECT ANSWERS
Three of the following types of ~Vehicles 10 years old or older~Vehicles having a
motor vehicles are exempt from the gross empty weight more than 10,000 lbs~Vehicles
truth in mileage act. not self propelled (Trailers)
The definition of a used motor a person who attempts to negotiate a sale or lease
vehicle dealer or used dealer of a used motor vehicle or powersports vehicle
includes which of the following? with the intent to make a profit or gain
The Motor Vehicle Board is All Of The Above
authorized and empowered to: ~Amend and repeal rules, regulations and
previsions
When advertising a specific number TRUE
of motor vehicles, that same number
of vehicles must be invoiced to the
dealer
bait and switch is ad that attracts consumers with a low-priced
product, then tries to sell them a higher-priced
product
, Selling, Leasing, Trade-In, with TRUE
option to purchase, offering or
negotiating and exchange of interest
in 3+ vehicles in any 1 year is prima
facie evidence that a person is
engaged in the business of selling or
leasing motor vehicles
By obtaining an off-premise permit, FALSE - NO Sale of vehicle should be done on
dealers may sell motor vehicles at Sundays
another location on Sunday
Which of the following statements is a demo drive cannot exceed 7 days
true regarding dealer demo plates?
Colorado Lemon Law includes: defects that substantially impair the market value of
the vehicle
Motor vehicle insurance is required: for all registered vehicles intended for use on
colorado roads
Which is true regarding in-transit in-transit plates may be used to transport vehicles
plates? from point of purchase to point of storage or from
point of storage to point of sale
Licensed dealers may sell which of The selling of boat trailers and snowmobile are
the following on Sundays? exempt
Which of the following steps are effect a lien creating a security interest, Allow the
required to properly and legally required payment to default (become at least 10
repossess a motor vehicle? days late), send or hand deliver a "right to cure"
letter to the debtor and allow the debtor 20 days
to cure
