Colorado Car Sales Mastery Exam Questions and Verified Answers 2026/27 Graded A+
The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked
or suspended on any of the following grounds except: - b) advertising a salvaged vehicle
while identifying the vehicle as a salvage vehicle
According to colorado law, which of the following must be licensed as a motor vehicle dealer
and or powersports dealer? - d) All of the above
Colorado Lemon law covers: - c)defects that substantially impair the market value of a
vehicle
Three of the following are required to be disclosed in an advertisement when a dealer is
advertisement a closed end credit sale of a mother vehicle or powersports...except? - d)
tax rate
The motor vehicle dealer board is authorized and empowered to: - D)all of the above
Local law enforcement officers must be notified within ___ hours before or after the
repossession of a motor vehicle occurs: - A)1 hours
All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their
principal place of business if: - B) they will be open less than 40 hours a week
,A dealer may issue a temporary permits for each roadworthy vehicle sold - B) false
(verify)
The motor vehicle dealer board may be decide how large a fine to impose on a dealer who sells
primarily vehicles that weigh 1,500 pounds or more so long as it does not exceed 5k -
a)True (verify)
The Colorado's consumer protection act declares bait and switch advertising to be deceptive
trade practice. Bait and switch advertising includes which of the following - d)all of the
above
Three of the following types of motor vehicles are exempt from the truth in mileage act. Which
one is not exempt? - B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - c)three employees
from the enforcement division
What is the highest fine per offense that the motor vehicle dealer board or an administrative law
judge may impose on a dealer , who sells primarily vehicles that weigh less than 1,500 pounds -
$1,000
Three of the following are characteristics of an off-premise permit. . Which one is not? -
The permit cannot exceed six days except for the national western stock show, the
colorado state fair, greely stampede
,Which of the following is a true statement regarding dealers and buyers? - B) a dealer
shall clearly indicate on the costumer contract when a vehicle sold "as is" and without a
guarantee
When advertising a specific number of motor vehicles that same number of vehicles must have
been invoiced to the dealer - A)True
Dealers must either be self insured or have insurance for their vehicles - A)True
In transit plates may be used on motor vehicles - D) 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 -
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 - Employing a
properly licensed salesperson
The only items that can be added to an advertised price are - C) 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: - D)using point of sale literature in
advertising
A buyer agent may - 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? -
Delivering goods as promised
A new or used motor vehicle dealer may legally do which of the following with a temporary
permit? - Issue a permit for a demonstration drive by a consumer
Re federal cash reporting rule requires dealers to file form 83000.... - 15 Days
A new motor vehicle has three of the following characteristics. Which one doesn't it have? -
D) a title
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has how many days
to report conviction? - A ) 30 Days
The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked
or suspended on any of the following grounds except: - b) advertising a salvaged vehicle
while identifying the vehicle as a salvage vehicle
According to colorado law, which of the following must be licensed as a motor vehicle dealer
and or powersports dealer? - d) All of the above
Colorado Lemon law covers: - c)defects that substantially impair the market value of a
vehicle
Three of the following are required to be disclosed in an advertisement when a dealer is
advertisement a closed end credit sale of a mother vehicle or powersports...except? - d)
tax rate
The motor vehicle dealer board is authorized and empowered to: - D)all of the above
Local law enforcement officers must be notified within ___ hours before or after the
repossession of a motor vehicle occurs: - A)1 hours
All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their
principal place of business if: - B) they will be open less than 40 hours a week
,A dealer may issue a temporary permits for each roadworthy vehicle sold - B) false
(verify)
The motor vehicle dealer board may be decide how large a fine to impose on a dealer who sells
primarily vehicles that weigh 1,500 pounds or more so long as it does not exceed 5k -
a)True (verify)
The Colorado's consumer protection act declares bait and switch advertising to be deceptive
trade practice. Bait and switch advertising includes which of the following - d)all of the
above
Three of the following types of motor vehicles are exempt from the truth in mileage act. Which
one is not exempt? - B)motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - c)three employees
from the enforcement division
What is the highest fine per offense that the motor vehicle dealer board or an administrative law
judge may impose on a dealer , who sells primarily vehicles that weigh less than 1,500 pounds -
$1,000
Three of the following are characteristics of an off-premise permit. . Which one is not? -
The permit cannot exceed six days except for the national western stock show, the
colorado state fair, greely stampede
,Which of the following is a true statement regarding dealers and buyers? - B) a dealer
shall clearly indicate on the costumer contract when a vehicle sold "as is" and without a
guarantee
When advertising a specific number of motor vehicles that same number of vehicles must have
been invoiced to the dealer - A)True
Dealers must either be self insured or have insurance for their vehicles - A)True
In transit plates may be used on motor vehicles - D) 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 -
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 - Employing a
properly licensed salesperson
The only items that can be added to an advertised price are - C) 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: - D)using point of sale literature in
advertising
A buyer agent may - 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? -
Delivering goods as promised
A new or used motor vehicle dealer may legally do which of the following with a temporary
permit? - Issue a permit for a demonstration drive by a consumer
Re federal cash reporting rule requires dealers to file form 83000.... - 15 Days
A new motor vehicle has three of the following characteristics. Which one doesn't it have? -
D) a title
A dealer wholesaler or salespersons convicted of any felony or any crime.. Has how many days
to report conviction? - A ) 30 Days