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COLORADO SALES TEST GUIDE COMPREHENSIVE questions answered, 2025 verified graded A+ already passed!

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COLORADO SALES TEST GUIDE COMPREHENSIVE questions answered, 2025 verified graded A+ already passed!

Instelling
COLORADO SALES
Vak
COLORADO SALES

Voorbeeld van de inhoud

COLORADO SALES TEST GUIDE COMPREHENSIVE
questions answered, 2025 verified graded A+ already
passed!
Three of the following types of motor vehicles are exempt from the truth in
mileage act. - (ANSWER)~Vehicles 10 years old or older~Vehicles having a gross
empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers)



The definition of a used motor vehicle dealer or used 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



The Motor Vehicle Board is authorized and empowered to: - (ANSWER)All Of The
Above~Amend and repeal rules, regulations and previsions



When advertising a specific number of motor vehicles, that same number of
vehicles must be invoiced to the dealer - (ANSWER)TRUE



bait and switch is - (ANSWER)ad that attracts consumers with a low-priced
product, then tries to sell them a higher-priced product



Selling, Leasing, Trade-In, with 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 -
(ANSWER)TRUE

,By obtaining an off-premise permit, dealers may sell motor vehicles at another
location on Sunday - (ANSWER)FALSE - NO Sale of vehicle should be done on
Sundays



Which of the following statements is true regarding dealer demo plates? -
(ANSWER)a demo drive cannot exceed 7 days



Colorado Lemon Law includes: - (ANSWER)defects that substantially impair the
market value of the vehicle



Motor vehicle insurance is required: - (ANSWER)for all registered vehicles
intended for use on colorado roads



Which is true regarding in-transit plates? - (ANSWER)in-transit plates may be
used to transport vehicles from point of purchase to point of storage or from
point of storage to point of sale



Licensed dealers may sell which of the following on Sundays? - (ANSWER)The
selling of boat trailers and snowmobile are exempt



Which of the following steps are required to properly and legally repossess a
motor vehicle? - (ANSWER)effect a lien creating a security interest, Allow the
required payment to default (become at least 10 days late), send or hand deliver
a "right to cure" letter to the debtor and allow the debtor 20 days to cure

, An advertisement may include - (ANSWER)licensed name with the word DEALER



which of the following is a used vehicle? - (ANSWER)any vehicle that has been
previously bought a demo vehicle with 1500 miles



Which of the following are deceptive trade practices? - (ANSWER)All of the
aboveBait and switch



How many temp permits may a dealer issue for each roadworthy vehicle sold? -
(ANSWER)1 - An extension can only be issued but the DMV



Depot plates may be used during normal business hours to transport a motor
vehicle - (ANSWER)all of the above - All plates



Three of the following are required when a dealer is advertising a lease of a motor
vehicle with a payment amount - (ANSWER)~Amount or percentage of the down
payment~terms of repayment (car payment date)~Annual percentage rate
(interest rate of the loan)




which is NOT required when advertising a lease? - (ANSWER)disclosing the cost of
lease vs purchasing



Prominently and conspicuously display the ________? - (ANSWER)-for 60 days in
a B2C sale-for 7 days in a B2B sale

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