Mastery Exam- Car Sales Test Colorado || Most Recent Exam
2026 -2027 Actual Complete Real Exam Questions And Correct
Answers (Verified Answers) Already Graded A+ | Guranteed
Success!! | Newest Exam | Just Released!!
Which of the following is true about dealer demo plates -
ANSWER -a demo
plate may be used on a commercial vehicle owned by
the ownership
an advertisement would not include - ANSWER -a
salespersons verbal
statement of the manufactor's suggested
retail price
local law enforcement must be notified with ______ hour
before or after the
repossession of a motor vehicle occurs -
ANSWER -1
Advertising may include any commerical message in any
newspaper, magazine, flyer, on radio, television, or public
address system, computer display, or window display which is
delivered or made aviable for a customer or prospect customer
,in any manner what so ever. - ANSWER -false... can't be any
manner right???
dealers must either be self insura=ed ir have insurance for
their vehicles -
ANSWER -
false
Three of the following are required when a dealer is advertising
a lease of a motor vehicle or powersports vehicle with a
payment amount. Which on is not required? - ANSWER -
disclosing the cost of a leasing versus the cost of purchasing
records of vehicle transfers and odometer statements
must be related for
________ years -
ANSWER -5
wholesalers - ANSWER -Wholesalers shall use a name other
than their personal name on all business documents for the
purchase and sale of motor vehicles"
Wholesaler" means a person who, for commission or with
intent to make a profit or gain of money or other thing of value,
sells, exchanges, or offers or attempts to negotiate a sale,
lease, or exchange of an interest in new or new and used motor
vehicles solely to motor vehicle dealers or used motor vehicle
dealers.
,No person may hold both a wholesaler license and a motor
vehicle salesperson
license at the same
time.
wholesaler may not employ a motor vehicle salesperson.
licensed powersport dealers may sell powersports on
Sundays - ANSWER -
False
When advertising the sale of a specific motor vehicle. If not
statement has been made concerning a specific-time and of the
advertised price, such vehicle shall be sold at the advertised
price for a period of fice days following the last date the ad was
published - ANSWER -True?
When a salesperson leaves a dealer, the dealer must do all
the following
execpt: - ANSWER -Immediately employ a new salesperson,
licensed or not
Which of the following is considered prima facie evidence that
a person is engaged in the business of setting of leasing motor
vehicles or powersport vehicles - ANSWER -selling, leasing,
exchanging, renting, with option to purchase, offering, or
negotiating, an exchange of interest in three or more vehicles
or ten or more powersport vehicles in any one calendar year
, What is the highest fine per offense (key word) that the motor
vehicle dealer board or an admirative law judge may impose on
a dealer who sells primarily vehicles that weigh less than 1,500
pounds - ANSWER -$1,000
The federal odometer law declares that it is unlawful to do any
of the following
execpt: - ANSWER -to replace the odometer under certain
circumstances
the license of a motor vehicle salesperson or powersport
may be denied,
revoked, or suspended on any of the following grounds
except: - ANSWER -
advertising a salvaged vehicle while identifying the vehicle as a
salvage vehicle
Three of the following are required to be disclosed in an
advertisement when a dealer us advertising a closed-end credit
sale of motor vehicle or powersports vehicle with down
payment amount, payment amount, number of payments and
period of repayment or amount of finance charge. Which one is
n ot required? - ANSWER -tax rate
the license of a motor vehicle salesperson or powersport may
be denied, revoked, or suspended on any of the following
grounds except: - ANSWER using point of sale literature in
advertising
2026 -2027 Actual Complete Real Exam Questions And Correct
Answers (Verified Answers) Already Graded A+ | Guranteed
Success!! | Newest Exam | Just Released!!
Which of the following is true about dealer demo plates -
ANSWER -a demo
plate may be used on a commercial vehicle owned by
the ownership
an advertisement would not include - ANSWER -a
salespersons verbal
statement of the manufactor's suggested
retail price
local law enforcement must be notified with ______ hour
before or after the
repossession of a motor vehicle occurs -
ANSWER -1
Advertising may include any commerical message in any
newspaper, magazine, flyer, on radio, television, or public
address system, computer display, or window display which is
delivered or made aviable for a customer or prospect customer
,in any manner what so ever. - ANSWER -false... can't be any
manner right???
dealers must either be self insura=ed ir have insurance for
their vehicles -
ANSWER -
false
Three of the following are required when a dealer is advertising
a lease of a motor vehicle or powersports vehicle with a
payment amount. Which on is not required? - ANSWER -
disclosing the cost of a leasing versus the cost of purchasing
records of vehicle transfers and odometer statements
must be related for
________ years -
ANSWER -5
wholesalers - ANSWER -Wholesalers shall use a name other
than their personal name on all business documents for the
purchase and sale of motor vehicles"
Wholesaler" means a person who, for commission or with
intent to make a profit or gain of money or other thing of value,
sells, exchanges, or offers or attempts to negotiate a sale,
lease, or exchange of an interest in new or new and used motor
vehicles solely to motor vehicle dealers or used motor vehicle
dealers.
,No person may hold both a wholesaler license and a motor
vehicle salesperson
license at the same
time.
wholesaler may not employ a motor vehicle salesperson.
licensed powersport dealers may sell powersports on
Sundays - ANSWER -
False
When advertising the sale of a specific motor vehicle. If not
statement has been made concerning a specific-time and of the
advertised price, such vehicle shall be sold at the advertised
price for a period of fice days following the last date the ad was
published - ANSWER -True?
When a salesperson leaves a dealer, the dealer must do all
the following
execpt: - ANSWER -Immediately employ a new salesperson,
licensed or not
Which of the following is considered prima facie evidence that
a person is engaged in the business of setting of leasing motor
vehicles or powersport vehicles - ANSWER -selling, leasing,
exchanging, renting, with option to purchase, offering, or
negotiating, an exchange of interest in three or more vehicles
or ten or more powersport vehicles in any one calendar year
, What is the highest fine per offense (key word) that the motor
vehicle dealer board or an admirative law judge may impose on
a dealer who sells primarily vehicles that weigh less than 1,500
pounds - ANSWER -$1,000
The federal odometer law declares that it is unlawful to do any
of the following
execpt: - ANSWER -to replace the odometer under certain
circumstances
the license of a motor vehicle salesperson or powersport
may be denied,
revoked, or suspended on any of the following grounds
except: - ANSWER -
advertising a salvaged vehicle while identifying the vehicle as a
salvage vehicle
Three of the following are required to be disclosed in an
advertisement when a dealer us advertising a closed-end credit
sale of motor vehicle or powersports vehicle with down
payment amount, payment amount, number of payments and
period of repayment or amount of finance charge. Which one is
n ot required? - ANSWER -tax rate
the license of a motor vehicle salesperson or powersport may
be denied, revoked, or suspended on any of the following
grounds except: - ANSWER using point of sale literature in
advertising
