State of Colorado Motor Vehicle Dealer Board Mastery Examination
2025
1. The Motor Vehicle Dealer Board has among its members:
Board is comprised of three
(3) motor vehicle dealers, three
(3) used motor vehicle dealers, three
(3) public member
2. The Motor Vehicle Dealer Board is authorized and empowered to
a. issue or deny buyer agent licenses
b. issue or deny manufacturer representative licenses
c. issue or deny motor vehicle dealer and salesperson licenses
d. all of the above: C. the administration, enforcement, issuance, and denial of
licenses to motor vehicle dealers, motor vehicle salespersons, used motor vehicle
dealers, wholesale motor vehicle auction dealers, and wholesalers
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
The executive director is hereby charged with the administration, enforcement,
and issuance or denial of the licensing of buyer agents, distributors, manufacturer
representatives, and motor vehicle manufacturers.
3. The Motor Vehicle Dealer Board is authorized and empowered to:
a. investigate any suspected or alleged violation by any motor vehicle sales-
person
b. investigate any suspected or alleged violation by any motor vehicle dealer
c. order an administrative hearing be held if it believes there is probable
cause that a violation occurred
d. all of the above: D.
(f) (I) To investigate through the executive director, on its own motion or upon the
written and signed complaint of any person, any suspected or alleged violation by
any motor vehicle dealer, motor vehicle
salesperson, used motor vehicle dealer, wholesale motor vehicle auction dealer,
or wholesaler licensee of any of the terms and provisions of this part 1 or of any
rule or regulation promulgated by the board under the authority conferred upon it
in this section. The board shall order an investigation of all written and signed
, State of Colorado Motor Vehicle Dealer Board Mastery Examination
2025
complaints, shall have the authority to issue subpoenas and to delegate the
authority to issue subpoenas to the executive director, and the executive director
shall make an investigation of all such complaints transmitted by the board
pursuant to section 12-6-105.
if the board determines that there is probable cause to believe a violation of this
article has occurred, it may order that an administrative hearing be held pursuant to
section 24-4-105, C.R.S.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
4. Dealers may be administratively fined by the Dealer Board up to what
amount for
each separate offense?: (m) (I) (A) If a hearing is held before an administrative
law judge or a hearing officer designated by the
board from within the board's membership, after due notice and a hearing by such
judge or hearing
officer pursuant to section 24-4-105, C.R.S., to review the findings of law and fact
and the fairness of any
fine imposed and to uphold such fine, to impose an administrative fine upon its
own initiative, which
shall not exceed ten thousand dollars for each separate offense
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
5. New and used motor vehicle dealers, wholesalers and wholesale
auction dealers are
required to have a surety bond in the amount of $: $50,000 for
Dealer/Wholesaler
https://www.colorado.gov/pacific/enforcement/dealer-and-wholesaler-motor-
vehicle-powersports-auto-industry-division
6. Motor vehicle salespersons are required to have a surety bond in the
amount of
$: Surety Bond with FULL LEGAL NAME in the amount of $15,000. A photocopy
may be submitted.
, State of Colorado Motor Vehicle Dealer Board Mastery Examination
2025
https://www.colorado.gov/pacific/enforcement/salesperson-auto-industry-division
7. Selling ___ or more vehicles or offering for sale more than ___ vehicles at
the same
address or telephone number in any one calendar year, shall be prima facie
evidence that
a person is engaged in the business of selling motor vehicles.: The sale or
lease of three or
more new or new and used motor vehicles or the offering for sale or lease of more
than three new or
new and used motor vehicles at the same address or telephone number in any
one calendar year shall
be prima facie evidence that a person is engaged in the business of selling or
leasing new or new and used motor vehicles.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
8. The definition of a used motor vehicle dealer includes which of the
following?: (17) "Used motor vehicle dealer" means any person who, for
commission or with intent to make a profit
or gain of money or other thing of value, sells, exchanges, leases, or offers an
interest in used motor
vehicles, or attempts to negotiate a sale, exchange, or lease of used and new
motor vehicles or who is
engaged wholly or in part in the business of selling used motor vehicles, whether or
not such motor vehicles are owned by such person.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mo
tor%20Vehicles%20laws.pdf 9. Wholesalers may:
a. make a profit or gain selling to dealers and wholesalers
b. employ a motor vehicle salesperson
c. conduct business in their own personal name
d. hold both a wholesale license and a motor vehicle salesperson license at
the same time: A.
Regulation 12-6-102 (18)
No person may hold both a wholesaler license and a motor vehicle salesperson
license at the same time.
A wholesaler may not employ a motor vehicle salesperson.
2025
1. The Motor Vehicle Dealer Board has among its members:
Board is comprised of three
(3) motor vehicle dealers, three
(3) used motor vehicle dealers, three
(3) public member
2. The Motor Vehicle Dealer Board is authorized and empowered to
a. issue or deny buyer agent licenses
b. issue or deny manufacturer representative licenses
c. issue or deny motor vehicle dealer and salesperson licenses
d. all of the above: C. the administration, enforcement, issuance, and denial of
licenses to motor vehicle dealers, motor vehicle salespersons, used motor vehicle
dealers, wholesale motor vehicle auction dealers, and wholesalers
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
The executive director is hereby charged with the administration, enforcement,
and issuance or denial of the licensing of buyer agents, distributors, manufacturer
representatives, and motor vehicle manufacturers.
3. The Motor Vehicle Dealer Board is authorized and empowered to:
a. investigate any suspected or alleged violation by any motor vehicle sales-
person
b. investigate any suspected or alleged violation by any motor vehicle dealer
c. order an administrative hearing be held if it believes there is probable
cause that a violation occurred
d. all of the above: D.
(f) (I) To investigate through the executive director, on its own motion or upon the
written and signed complaint of any person, any suspected or alleged violation by
any motor vehicle dealer, motor vehicle
salesperson, used motor vehicle dealer, wholesale motor vehicle auction dealer,
or wholesaler licensee of any of the terms and provisions of this part 1 or of any
rule or regulation promulgated by the board under the authority conferred upon it
in this section. The board shall order an investigation of all written and signed
, State of Colorado Motor Vehicle Dealer Board Mastery Examination
2025
complaints, shall have the authority to issue subpoenas and to delegate the
authority to issue subpoenas to the executive director, and the executive director
shall make an investigation of all such complaints transmitted by the board
pursuant to section 12-6-105.
if the board determines that there is probable cause to believe a violation of this
article has occurred, it may order that an administrative hearing be held pursuant to
section 24-4-105, C.R.S.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
4. Dealers may be administratively fined by the Dealer Board up to what
amount for
each separate offense?: (m) (I) (A) If a hearing is held before an administrative
law judge or a hearing officer designated by the
board from within the board's membership, after due notice and a hearing by such
judge or hearing
officer pursuant to section 24-4-105, C.R.S., to review the findings of law and fact
and the fairness of any
fine imposed and to uphold such fine, to impose an administrative fine upon its
own initiative, which
shall not exceed ten thousand dollars for each separate offense
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
5. New and used motor vehicle dealers, wholesalers and wholesale
auction dealers are
required to have a surety bond in the amount of $: $50,000 for
Dealer/Wholesaler
https://www.colorado.gov/pacific/enforcement/dealer-and-wholesaler-motor-
vehicle-powersports-auto-industry-division
6. Motor vehicle salespersons are required to have a surety bond in the
amount of
$: Surety Bond with FULL LEGAL NAME in the amount of $15,000. A photocopy
may be submitted.
, State of Colorado Motor Vehicle Dealer Board Mastery Examination
2025
https://www.colorado.gov/pacific/enforcement/salesperson-auto-industry-division
7. Selling ___ or more vehicles or offering for sale more than ___ vehicles at
the same
address or telephone number in any one calendar year, shall be prima facie
evidence that
a person is engaged in the business of selling motor vehicles.: The sale or
lease of three or
more new or new and used motor vehicles or the offering for sale or lease of more
than three new or
new and used motor vehicles at the same address or telephone number in any
one calendar year shall
be prima facie evidence that a person is engaged in the business of selling or
leasing new or new and used motor vehicles.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mot
or%20Vehicles%20laws.pdf
8. The definition of a used motor vehicle dealer includes which of the
following?: (17) "Used motor vehicle dealer" means any person who, for
commission or with intent to make a profit
or gain of money or other thing of value, sells, exchanges, leases, or offers an
interest in used motor
vehicles, or attempts to negotiate a sale, exchange, or lease of used and new
motor vehicles or who is
engaged wholly or in part in the business of selling used motor vehicles, whether or
not such motor vehicles are owned by such person.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mo
tor%20Vehicles%20laws.pdf 9. Wholesalers may:
a. make a profit or gain selling to dealers and wholesalers
b. employ a motor vehicle salesperson
c. conduct business in their own personal name
d. hold both a wholesale license and a motor vehicle salesperson license at
the same time: A.
Regulation 12-6-102 (18)
No person may hold both a wholesaler license and a motor vehicle salesperson
license at the same time.
A wholesaler may not employ a motor vehicle salesperson.
