COLORADO CAR SALES MASTERY EXAM Q&A:
THE ULTIMATE STUDY GUIDE AND BUNDLED
PRACTICE EXAMS GRADED A+ 2026.
⫸ When advertising a specific number of motor vehicles that same
number of vehicles must have been invoiced to the dealer Answer:
True
⫸ Advertising may include any commercial message in any
newspaper, magazine, flyer, on radio, television, public address
system, computer display or window display, which is delivered or
made available to a customer or prospective customer in any manner
whatsoever. Answer: True
⫸ Dealers must either be self insured or have insurance for their
vehicles Answer: True
⫸ In transit plates may be used on motor vehicles Answer:
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: 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: 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: title
THE ULTIMATE STUDY GUIDE AND BUNDLED
PRACTICE EXAMS GRADED A+ 2026.
⫸ When advertising a specific number of motor vehicles that same
number of vehicles must have been invoiced to the dealer Answer:
True
⫸ Advertising may include any commercial message in any
newspaper, magazine, flyer, on radio, television, public address
system, computer display or window display, which is delivered or
made available to a customer or prospective customer in any manner
whatsoever. Answer: True
⫸ Dealers must either be self insured or have insurance for their
vehicles Answer: True
⫸ In transit plates may be used on motor vehicles Answer:
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: 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: 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: title
