Wisconsin Auto Sales License Exam Newest
2026 Questions and Correct Detailed Answers
Already Graded A+
What must a contract contain? - CORRECT ANSWER-- name/address of
dealer and customer
- full name of salesperson and 8 digits of license number
- year/make/model/VIN
- chassis and finished year of the model (if they arent identical
- warranties
- price, and components of vehicle
- list of parts added/removed
- penalty for customer refusing delivey
What aren't you allowed to do while advertising - CORRECT ANSWER-use
deceptive or misleading advertising to induce price
What terms cannot be used when discussing trade in allowance? -
CORRECT ANSWER-- We will pay up to
- appraise your own vehicle
- as much as
what wording can you NOT use in advertisements unless the dealership is
going out of business - CORRECT ANSWER-- close out
- last of remaining
,Do you always have to disclose when a vehicle has been flood damaged -
CORRECT ANSWER-yes
MSRP - CORRECT ANSWER-a label on the window of a car that has
information on standard equipment, base price, transport method,
assembly point, receiving dealer
Are MSRPs required for trucks? - CORRECT ANSWER-no
Dealer Supplemental Price Label - CORRECT ANSWER-a label that lists
optional equipment or accessories installed by the dealership
Wisconsin Buyers Guide - CORRECT ANSWER-the results of a safety
inspection
when is the Wisconsin Buyers Guide not required - CORRECT ANSWER--
trucks over 16,000 pounds
- demo vehicles
- unrepaired salvage
- leased vehicles that are bought after the leasing period is up
what must you include about the model year - CORRECT ANSWER-model
year, whether or not it's used or new, or "one-owner" when applicable
, what must be ensured to list a vehicle as available - CORRECT ANSWER-
that there is enough available or that it can be delivered within a
reasonable time
Do you need to include the dealership name in advertisements? -
CORRECT ANSWER-yes
If a product is only free with purchase necessary what wording would you
use instead of "free" - CORRECT ANSWER-included with
Title Brand - CORRECT ANSWER-info on the title containing terms such as
- buyback, modified, former police vehicle etc.
How long does a dealership have to deliver the application for a
title/registration on a bought vehicle? - CORRECT ANSWER-7 days after
delivery
MVII - CORRECT ANSWER-a WI title and license plate application for
transferring ownership
when can dealer plates NOT be used - CORRECT ANSWER-- on rental
vehicles
- on vehicles that are not for sale
Which COPIED documents need to be kept by the dealership for a
minimum of 5 years? - CORRECT ANSWER-purchase contracts,
2026 Questions and Correct Detailed Answers
Already Graded A+
What must a contract contain? - CORRECT ANSWER-- name/address of
dealer and customer
- full name of salesperson and 8 digits of license number
- year/make/model/VIN
- chassis and finished year of the model (if they arent identical
- warranties
- price, and components of vehicle
- list of parts added/removed
- penalty for customer refusing delivey
What aren't you allowed to do while advertising - CORRECT ANSWER-use
deceptive or misleading advertising to induce price
What terms cannot be used when discussing trade in allowance? -
CORRECT ANSWER-- We will pay up to
- appraise your own vehicle
- as much as
what wording can you NOT use in advertisements unless the dealership is
going out of business - CORRECT ANSWER-- close out
- last of remaining
,Do you always have to disclose when a vehicle has been flood damaged -
CORRECT ANSWER-yes
MSRP - CORRECT ANSWER-a label on the window of a car that has
information on standard equipment, base price, transport method,
assembly point, receiving dealer
Are MSRPs required for trucks? - CORRECT ANSWER-no
Dealer Supplemental Price Label - CORRECT ANSWER-a label that lists
optional equipment or accessories installed by the dealership
Wisconsin Buyers Guide - CORRECT ANSWER-the results of a safety
inspection
when is the Wisconsin Buyers Guide not required - CORRECT ANSWER--
trucks over 16,000 pounds
- demo vehicles
- unrepaired salvage
- leased vehicles that are bought after the leasing period is up
what must you include about the model year - CORRECT ANSWER-model
year, whether or not it's used or new, or "one-owner" when applicable
, what must be ensured to list a vehicle as available - CORRECT ANSWER-
that there is enough available or that it can be delivered within a
reasonable time
Do you need to include the dealership name in advertisements? -
CORRECT ANSWER-yes
If a product is only free with purchase necessary what wording would you
use instead of "free" - CORRECT ANSWER-included with
Title Brand - CORRECT ANSWER-info on the title containing terms such as
- buyback, modified, former police vehicle etc.
How long does a dealership have to deliver the application for a
title/registration on a bought vehicle? - CORRECT ANSWER-7 days after
delivery
MVII - CORRECT ANSWER-a WI title and license plate application for
transferring ownership
when can dealer plates NOT be used - CORRECT ANSWER-- on rental
vehicles
- on vehicles that are not for sale
Which COPIED documents need to be kept by the dealership for a
minimum of 5 years? - CORRECT ANSWER-purchase contracts,
