AUTOMOTIVE SALES LICENSE,
COLORADO CORRECT 100%
Which of the following is an example of a "new" motor vehicle?
1. A farm tractor which ha snot been used
2. A motor vehicle which has been used for less than 4 months by a prior owner
3. A demonstration vehicle with 1300 miles
4. A motor vehicle titles in the name of a private party - ANSWER
The only items that can be added to an advertised price are:
1. Dealer handling and preparation charges
2. Specific savings and discounts
3. Finance charges, sales tax, emissions, or other governmental fees and
transportation costs
4. All of the above - ANSWER3. Finance charges, sales tax, emissions, or other
governmental fees and transportation costs
Dealer Board Advertising Rules
Regulation 12-6-118(3)(k)
Rule 13
Advertising shall be construed to be misleading or inaccurate in the following
particulars;
Advertising the price of a vehicle without including all costs to the purchaser at the
time of delivery, except sales tax, finance charges, cost of emissions test, and
transportation costs, incurred after sale, to deliver the vehicle to the purchaser at the
purchaser's request.
Which of the following is true about Colorao's Lemon Law? - ANSWER
A salesperson can change dealerships during the licensing year provided that a
change of employer notification form and fee is submitted to the Board. It is unlawful
for such a salesperson to act as a motor vehicle salesperson or power sports
salesperson until a new license is procured.
1. True
2. False - ANSWER1. True
Study Guide Motor Vehicle Statutes 2017-2018
12-6-116 #3
"It shall be unlawful for such salesperson to act as a motor vehicle salesperson until
a new license is procured."
COLORADO CORRECT 100%
Which of the following is an example of a "new" motor vehicle?
1. A farm tractor which ha snot been used
2. A motor vehicle which has been used for less than 4 months by a prior owner
3. A demonstration vehicle with 1300 miles
4. A motor vehicle titles in the name of a private party - ANSWER
The only items that can be added to an advertised price are:
1. Dealer handling and preparation charges
2. Specific savings and discounts
3. Finance charges, sales tax, emissions, or other governmental fees and
transportation costs
4. All of the above - ANSWER3. Finance charges, sales tax, emissions, or other
governmental fees and transportation costs
Dealer Board Advertising Rules
Regulation 12-6-118(3)(k)
Rule 13
Advertising shall be construed to be misleading or inaccurate in the following
particulars;
Advertising the price of a vehicle without including all costs to the purchaser at the
time of delivery, except sales tax, finance charges, cost of emissions test, and
transportation costs, incurred after sale, to deliver the vehicle to the purchaser at the
purchaser's request.
Which of the following is true about Colorao's Lemon Law? - ANSWER
A salesperson can change dealerships during the licensing year provided that a
change of employer notification form and fee is submitted to the Board. It is unlawful
for such a salesperson to act as a motor vehicle salesperson or power sports
salesperson until a new license is procured.
1. True
2. False - ANSWER1. True
Study Guide Motor Vehicle Statutes 2017-2018
12-6-116 #3
"It shall be unlawful for such salesperson to act as a motor vehicle salesperson until
a new license is procured."
