DMV Salesperson Practice Exam
What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? - Answer- A $1,000 civil penalty
The customer may return the vehicle
Vehicles can be sold in Virginia "As Is" if: - Answer- A Buyers Guide is completely filled out, signed, and dated by the buyer.
The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale.
A disclosure is printed on the front of the buyers order.
A vehicle must be inspected: - Answer- Between the time it comes into a dealer's inventory and the time it is sold at retail.
If a vehicle does not pass inspection: - Answer- The dealer may bring it into compliance.
The dealer may deliver the vehicle with a valid rejection sticker and a written disclosure,
which may be in the form of an official inspection receipt.
A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailers and motor homes if they have the proper: - Answer- License issued by DMV.
A second set of temporary tags may be issued to a customer if: - Answer- The title is not available at the end of the first 30-day period.
The vehicle is to be titled and registered out of state.
All paper work is submitted to DMV along with an explanation as to why a second set needs to be issued.
All required fees are submitted to the Department of Motor Vehicles.
When issuing temporary license plates, the dealer: - Answer- May not charge the customer more than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than: - Answer- 5 days. Temporary transport plates may be used to: - Answer- Transport vehicles from auctions or other points of purchase or sale.
A salesperson's "certificate of qualification": - Answer- Must be obtained before applying
for a salesperson's license.
Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons include: - Answer- A civil penalty of not more than $1,000 per violation.
Suspension of the license.
Revocation of the license.
A new motor vehicle is defined as one which: - Answer- Has not been previously titled.
Has less than 7,500 miles on the odometer.
Any person who is licensed in another state of the United States as a motor vehicle dealer may sell vehicles at wholesale auctions in Virginia only after obtaining a: - Answer- Certificate of registration.
The following must be licensed to engage in business in Virginia: - Answer- Motor Vehicle Dealer.
Motor Vehicle Distributor or Manufacturer.
Motor Vehicle Salesperson.
TRUE / FALSE: No salesperson shall be employed by more than one dealer, unless the dealerships are owned by the same person, partnership or corporation. - Answer- TRUE
TRUE / FALSE: Each dealership must post a list of the salespersons that work there. - Answer- TRUE
TRUE / FALSE: Salespersons must carry their license at all times and show it when asked. - Answer- TRUE
Temporary certificates of ownership issued by dealers must contain: - Answer- Date of issuance.
Name and address of purchaser.
What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? - Answer- A $1,000 civil penalty
The customer may return the vehicle
Vehicles can be sold in Virginia "As Is" if: - Answer- A Buyers Guide is completely filled out, signed, and dated by the buyer.
The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale.
A disclosure is printed on the front of the buyers order.
A vehicle must be inspected: - Answer- Between the time it comes into a dealer's inventory and the time it is sold at retail.
If a vehicle does not pass inspection: - Answer- The dealer may bring it into compliance.
The dealer may deliver the vehicle with a valid rejection sticker and a written disclosure,
which may be in the form of an official inspection receipt.
A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailers and motor homes if they have the proper: - Answer- License issued by DMV.
A second set of temporary tags may be issued to a customer if: - Answer- The title is not available at the end of the first 30-day period.
The vehicle is to be titled and registered out of state.
All paper work is submitted to DMV along with an explanation as to why a second set needs to be issued.
All required fees are submitted to the Department of Motor Vehicles.
When issuing temporary license plates, the dealer: - Answer- May not charge the customer more than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than: - Answer- 5 days. Temporary transport plates may be used to: - Answer- Transport vehicles from auctions or other points of purchase or sale.
A salesperson's "certificate of qualification": - Answer- Must be obtained before applying
for a salesperson's license.
Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons include: - Answer- A civil penalty of not more than $1,000 per violation.
Suspension of the license.
Revocation of the license.
A new motor vehicle is defined as one which: - Answer- Has not been previously titled.
Has less than 7,500 miles on the odometer.
Any person who is licensed in another state of the United States as a motor vehicle dealer may sell vehicles at wholesale auctions in Virginia only after obtaining a: - Answer- Certificate of registration.
The following must be licensed to engage in business in Virginia: - Answer- Motor Vehicle Dealer.
Motor Vehicle Distributor or Manufacturer.
Motor Vehicle Salesperson.
TRUE / FALSE: No salesperson shall be employed by more than one dealer, unless the dealerships are owned by the same person, partnership or corporation. - Answer- TRUE
TRUE / FALSE: Each dealership must post a list of the salespersons that work there. - Answer- TRUE
TRUE / FALSE: Salespersons must carry their license at all times and show it when asked. - Answer- TRUE
Temporary certificates of ownership issued by dealers must contain: - Answer- Date of issuance.
Name and address of purchaser.
