COLORADO CAR SALES MASTERY EXAM 200+
QUESTIONS & CORRECT ANSWERS LATEST 2025
The license of a motor vehicle salesperson or power-sports salesperson may be
denied, revoked or suspended on any of the following grounds except: -
ANSWER-b) advertising a salvaged vehicle while identifying the vehicle as a
salvage vehicle
According to colorado law, which of the following must be licensed as a motor
vehicle dealer and or powersports dealer? - ANSWER-d) All of the above
Colorado Lemon law covers: - ANSWER-c)defects that substantially impair the
market value of a vehicle
Three of the following are required to be disclosed in an advertisement when a
dealer is advertisement a closed end credit sale of a mother vehicle or
powersports...except? - ANSWER-d) tax rate
The motor vehicle dealer board is authorized and empowered to: - ANSWER-D)all
of the above
Local law enforcement officers must be notified within ___ hours before or after
the repossession of a motor vehicle occurs: - ANSWER-A)1 hours
All motor vehicle dealers and power-sports dealers must post a clear, legible sign
on their principal place of business if: - ANSWER-B) they will be open less than
40 hours a week
,A dealer may issue a temporary permits for each roadworthy vehicle sold -
ANSWER-B) false (verify)
The motor vehicle dealer board may be decide how large a fine to impose on a
dealer who sells primarily vehicles that weigh 1,500 pounds or more so long as it
does not exceed 5k - ANSWER-a)True (verify)
The Colorado's consumer protection act declares bait and switch advertising to be
deceptive trade practice. Bait and switch advertising includes which of the
following - ANSWER-d)all of the above
Three of the following types of motor vehicles are exempt from the truth in
mileage act. Which one is not exempt? - ANSWER-B)motor vehicles with out-of-
state titles
The motor vehicle dealer board does not have among its members - ANSWER-
c)three employees from the enforcement division
What is the highest fine per offense that the motor vehicle dealer board or an
administrative law judge may impose on a dealer , who sells primarily vehicles that
weigh less than 1,500 pounds - ANSWER-$1,000
Three of the following are characteristics of an off-premise permit. . Which one is
not? - ANSWER-The permit cannot exceed six days except for the national
western stock show, the colorado state fair, greely stampede
Which of the following is a true statement regarding dealers and buyers? -
ANSWER-B) a dealer shall clearly indicate on the costumer contract when a
vehicle sold "as is" and without a guarantee
,When advertising a specific number of motor vehicles that same number of
vehicles must have been invoiced to the dealer - ANSWER-A)True
Dealers must either be self insured or have insurance for their vehicles -
ANSWER-A)True
In transit plates may be used on motor vehicles - ANSWER-D) consigned to
wholesale auction dealers for transport from point of purchase to point of storage
When a salesperson leaves a dealer, that dealer must do all of the following except
- ANSWER-Immediately employ a new salesperson, licensed or not
The license of a new or used dealer, wholesale auction dealer or wholesaler may be
denied suspended, revoked or fined for all of the following grounds except -
ANSWER-Employing a properly licensed salesperson
The only items that can be added to an advertised price are - ANSWER-C) Dealer
handling and preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be
denied, revoked, or suspended on any of the following grounds except: -
ANSWER-D)using point of sale literature in advertising
A buyer agent may - ANSWER-be retained or hired by a consumer to assist,
represent, or act on behalf of such
consumer in connection with the purchase or lease of a motor vehicle
Three of the following are deceptive trade practices. Which of the following is not?
- ANSWER-Delivering goods as promised
, A new or used motor vehicle dealer may legally do which of the following with a
temporary permit? - ANSWER-Issue a permit for a demonstration drive by a
consumer
Re federal cash reporting rule requires dealers to file form 83000.... - ANSWER-15
Days
A new motor vehicle has three of the following characteristics. Which one doesn't
it have? - ANSWER-D) a title
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has
how many days to report conviction? - ANSWER-A ) 30 Days
Three of the following are require when a dealer is advertising a lease of a a motor
vehicle or powersports vehicle with a payment amount which one is not required? -
ANSWER-D) disclosing the cost of leasing versus the cost of purchasing
The definition of a used mother vehicle dealer or used powersports dealer includes
which of the following ? - ANSWER-A person who attempts to negotiate a sale or
lease of a used motor vehicle or powersports vehicle with the intent to make a
profit or gain
A customer's trade- in vehicle on a financed deal may be sold - ANSWER-D) only
when the financing has been approved
Wholesalers : - ANSWER-C)must use a name other than their personal name on all
business documents
QUESTIONS & CORRECT ANSWERS LATEST 2025
The license of a motor vehicle salesperson or power-sports salesperson may be
denied, revoked or suspended on any of the following grounds except: -
ANSWER-b) advertising a salvaged vehicle while identifying the vehicle as a
salvage vehicle
According to colorado law, which of the following must be licensed as a motor
vehicle dealer and or powersports dealer? - ANSWER-d) All of the above
Colorado Lemon law covers: - ANSWER-c)defects that substantially impair the
market value of a vehicle
Three of the following are required to be disclosed in an advertisement when a
dealer is advertisement a closed end credit sale of a mother vehicle or
powersports...except? - ANSWER-d) tax rate
The motor vehicle dealer board is authorized and empowered to: - ANSWER-D)all
of the above
Local law enforcement officers must be notified within ___ hours before or after
the repossession of a motor vehicle occurs: - ANSWER-A)1 hours
All motor vehicle dealers and power-sports dealers must post a clear, legible sign
on their principal place of business if: - ANSWER-B) they will be open less than
40 hours a week
,A dealer may issue a temporary permits for each roadworthy vehicle sold -
ANSWER-B) false (verify)
The motor vehicle dealer board may be decide how large a fine to impose on a
dealer who sells primarily vehicles that weigh 1,500 pounds or more so long as it
does not exceed 5k - ANSWER-a)True (verify)
The Colorado's consumer protection act declares bait and switch advertising to be
deceptive trade practice. Bait and switch advertising includes which of the
following - ANSWER-d)all of the above
Three of the following types of motor vehicles are exempt from the truth in
mileage act. Which one is not exempt? - ANSWER-B)motor vehicles with out-of-
state titles
The motor vehicle dealer board does not have among its members - ANSWER-
c)three employees from the enforcement division
What is the highest fine per offense that the motor vehicle dealer board or an
administrative law judge may impose on a dealer , who sells primarily vehicles that
weigh less than 1,500 pounds - ANSWER-$1,000
Three of the following are characteristics of an off-premise permit. . Which one is
not? - ANSWER-The permit cannot exceed six days except for the national
western stock show, the colorado state fair, greely stampede
Which of the following is a true statement regarding dealers and buyers? -
ANSWER-B) a dealer shall clearly indicate on the costumer contract when a
vehicle sold "as is" and without a guarantee
,When advertising a specific number of motor vehicles that same number of
vehicles must have been invoiced to the dealer - ANSWER-A)True
Dealers must either be self insured or have insurance for their vehicles -
ANSWER-A)True
In transit plates may be used on motor vehicles - ANSWER-D) consigned to
wholesale auction dealers for transport from point of purchase to point of storage
When a salesperson leaves a dealer, that dealer must do all of the following except
- ANSWER-Immediately employ a new salesperson, licensed or not
The license of a new or used dealer, wholesale auction dealer or wholesaler may be
denied suspended, revoked or fined for all of the following grounds except -
ANSWER-Employing a properly licensed salesperson
The only items that can be added to an advertised price are - ANSWER-C) Dealer
handling and preparation charges
The license of a motor vehicle salesperson or a powersports salesperson may be
denied, revoked, or suspended on any of the following grounds except: -
ANSWER-D)using point of sale literature in advertising
A buyer agent may - ANSWER-be retained or hired by a consumer to assist,
represent, or act on behalf of such
consumer in connection with the purchase or lease of a motor vehicle
Three of the following are deceptive trade practices. Which of the following is not?
- ANSWER-Delivering goods as promised
, A new or used motor vehicle dealer may legally do which of the following with a
temporary permit? - ANSWER-Issue a permit for a demonstration drive by a
consumer
Re federal cash reporting rule requires dealers to file form 83000.... - ANSWER-15
Days
A new motor vehicle has three of the following characteristics. Which one doesn't
it have? - ANSWER-D) a title
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has
how many days to report conviction? - ANSWER-A ) 30 Days
Three of the following are require when a dealer is advertising a lease of a a motor
vehicle or powersports vehicle with a payment amount which one is not required? -
ANSWER-D) disclosing the cost of leasing versus the cost of purchasing
The definition of a used mother vehicle dealer or used powersports dealer includes
which of the following ? - ANSWER-A person who attempts to negotiate a sale or
lease of a used motor vehicle or powersports vehicle with the intent to make a
profit or gain
A customer's trade- in vehicle on a financed deal may be sold - ANSWER-D) only
when the financing has been approved
Wholesalers : - ANSWER-C)must use a name other than their personal name on all
business documents
