MASTERY EXAM, CAR SALES TEST COLORADO ACTUAL EXAM
200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ||ALREADY GRADED A+||BRAND NEW VERSION!!
The definition of a used motor vehicle dealer includes which of the following? - ANSWER-"Used
motor vehicle dealer" means any person who, for commission or with intent to make a profit
sells used cars.
Wholesalers may: - ANSWER-make a profit or gain selling to dealers and wholesalers
Three of the following are characteristics of an off-premise permit. Which one is not? -
ANSWER-the permit could be used for a permanent second location
All motor vehicle dealers and used motor vehicle dealers must be open - ANSWER-a. a
minimum of 12 hours per week Hours of operation posted and opened at least 3 days per week
for a continuous four hours per day between 8 AM and 9 PM.
the license of a motor vehicle salesperson may be denied, revoked, or suspended on the
following grounds except: - ANSWER-advertising a salvaged vehicle that identifies that vehicle as
a salvage vehicle
The license of a motor vehicle salesperson may be denied, revoked, or suspended on the
following grounds except: - ANSWER-not having a valid Colorado drivers license
The license of a motor vehicle salesperson may be denied, revoked, or suspended on the
following grounds except - ANSWER-to engage as a licensee without having in force a good and
sufficient bond with corporate surety
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, MASTERY EXAM, CAR SALES TEST COLORADO ACTUAL EXAM
A dealer, wholesaler or salesperson who is convicted of any felony or any criminal pursuant to
Article 3, 4 or 5 of Title 18, C.R.S. (felony or criminal misdemeanor) or like crime pursuant to
federal law or law of any other state has _____ days to give the Dealer Board written notice of
such conviction? - ANSWER-30 days after such conviction
When a salesperson voluntarily leaves or is discharged from a dealership, the dealer must
immediately return that salesperson's _________ to the Dealer Board. - ANSWER-motor vehicle
dealer or used motor vehicle dealer who last employed the salesperson shall confiscate and
return such salesperson's license to the board
A salesperson can change dealerships during the licensing year provided that a Change of
Employer Notification form is submitted to the Board. It is unlawful for such sales person to act
as a motor vehicle salesperson until a new _________ is procured. - ANSWER-It shall be
unlawful for such salesperson to act as a motor vehicle salesperson until a new license is
procured.
A new motor vehicle has three of the following characteristics. Which one doesn't it have? -
ANSWER-motor vehicle that is titled
Which of the following would always indicate a motor vehicle is used? - ANSWER-a vehicle that
is titled
Since 1985, the Federal Trade Commission's Used Car Rule has required that dealers
prominently and conspicuously display the __________________ on every used car or light
truck offered for sale. This is also known as the "as is" sticker. - ANSWER-Buyers Guide
Which of the following must be identified in advertising? - ANSWER-all of the above
The only items that can be added to an advertised price are: - ANSWER-none of the above
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, MASTERY EXAM, CAR SALES TEST COLORADO ACTUAL EXAM
A dealer may advertise in which of the following manners? - ANSWER-d. using a color picture in
the ad that is not the same color as the actual vehicle being advertised as long as the disclosure,
"vehicle colors may vary" is included
A dealer's advertising must contain the dealer's licensed name and/or the word(s): - ANSWER-
The dealer's name or the word "dealer" must be included in the advertisement or both name
and the word "dealer" if the name appears but does not clearly reflect that the business is a
dealer.
The Colorado Consumer Protection Act declares bait and switch advertising to be a deceptive
trade practice. Bait and switch advertising would include which of the following? - ANSWER-all
of the above
Three of the following are required to be disclosed when a dealer is advertising a closed-end
credit sale of a motor vehicle with a down payment amount, payment amount, number of
payments, period of repayment or amount of finance charge. Which one is not required? -
ANSWER-a. tax rate
A dealer has how many days to deliver or facilitate delivery of title from the date of sale? -
ANSWER-The title or MCO must be procured by the dealer or wholesaler upon the sale and
delivery of the vehicle and delivered or mailed to the purchaser or channel mortgage company
within thirty (30) days pursuant to 42-6-112, C.R.S.
Which of the following is not proof of ownership of a motor vehicle for a Colorado dealer? -
ANSWER-a signed Monroney Label
Which one of the following statements is true regarding dealer demo plates? - ANSWER-May be
displayed on vehicles for demonstration drive purposes, during normal business hours, when a
dealership employee is in the vehicle with the prospective buyer.
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, MASTERY EXAM, CAR SALES TEST COLORADO ACTUAL EXAM
May be displayed on vehicles operated by a prospective buyer for demonstration drives.
Demonstration drives by a prospective purchaser shall not exceed seven calendar days.2.12 Lost
or stolen dealer plates shall be reported within seventy-two (72) hours to the local law
Which of the following is true regarding dealer demo plates? - ANSWER-dealer demo plates may
be displayed only on vehicles owned by or consigned to the dealer or wholesaler
Which of the following is true regarding depot plates? - ANSWER-A depot plate may be used by
the dealership to transport vehicles to and from the dealer's place of business or storage for the
purpose of completing work that involves repairing, painting, upholstering, polishing or other
similar types of work on the vehicle.
A depot plate may also be used for road testing the vehicle after repair. Movement of a vehicle
using a depot plate for any purpose other than those listed above shall constitute private use.
A new or used motor vehicle dealer may legally do which of the following with a temporary
registration permit? - ANSWER-issue a permit for a demonstration drive by a consumer
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
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