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State of Colorado Motor Vehicle Dealer Board Mastery Examination COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS (2025) |COMPLETE SOLUTIONS |A+ GRADED |100% CORRECT!!

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State of Colorado Motor Vehicle Dealer Board Mastery Examination COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS (2025) |COMPLETE SOLUTIONS |A+ GRADED |100% CORRECT!!

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5/31/25, 7:30 AM State of Colorado Motor Vehicle Dealer Board Mastery Examination COMPREHENSIVE QUESTIONS AND VERIFIED ANSW…




State of Colorado Motor Vehicle Dealer Board
Mastery Examination COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS (2025)
|COMPLETE SOLUTIONS |A+ GRADED |100%
CORRECT!!

Save




Terms in this set (52)


Board is comprised of three (3) motor vehicle
dealers, three (3) used motor vehicle dealers, and
The Motor Vehicle Dealer three (3) public members
Board has among its
members
https://www.colorado.gov/pacific/enforcement/deal
er-board-members-auto-industry-division

C. the administration, enforcement, issuance, and
The Motor Vehicle Dealer denial of licenses to motor vehicle dealers, motor
Board is authorized and vehicle salespersons, used motor vehicle dealers,
empowered to wholesale motor vehicle auction dealers, and
wholesalers
a. issue or deny buyer
agent licenses https://www.colorado.gov/pacific/sites/default/files
b. issue or deny /January%207%202015%20Motor%20Vehicles%20law
manufacturer s.pdf
representative licenses
c. issue or deny motor The executive director is hereby charged with the
vehicle dealer and administration, enforcement, and issuance or denial
salesperson licenses of the licensing of buyer agents, distributors,
d. all of the above manufacturer representatives, and motor vehicle
manufacturers.

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,5/31/25, 7:30 AM State of Colorado Motor Vehicle Dealer Board Mastery Examination COMPREHENSIVE QUESTIONS AND VERIFIED ANSW…


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
The Motor Vehicle Dealer
salesperson, used motor vehicle dealer, wholesale
Board is authorized and
motor vehicle auction dealer, or wholesaler licensee
empowered to:
of any of the terms and provisions of this part 1 or of
a. investigate any
any rule or regulation promulgated by the board
suspected or alleged
under the authority conferred upon it in this section.
violation by any motor
The board shall order an investigation of all written
vehicle salesperson
and signed complaints, shall have the authority to
b. investigate any
issue subpoenas and to delegate the authority to
suspected or alleged
issue subpoenas to the executive director, and the
violation by any motor
executive director shall make an investigation of all
vehicle dealer
such complaints transmitted by the board pursuant
c. order an administrative
to section 12-6-105.
hearing be held if it
believes there is
if the board determines that there is probable cause
probable cause that a
to believe a violation of this article has occurred, it
violation occurred
may order that an administrative hearing be held
d. all of the above
pursuant to section 24-4-105, C.R.S.


https://www.colorado.gov/pacific/sites/default/files
/January%207%202015%20Motor%20Vehicles%20law
s.pdf




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,5/31/25, 7:30 AM State of Colorado Motor Vehicle Dealer Board Mastery Examination COMPREHENSIVE QUESTIONS AND VERIFIED ANSW…


(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
Dealers may be
review the findings of law and fact and the fairness
administratively fined by
of any
the Dealer Board up to
fine imposed and to uphold such fine, to impose an
what amount for
administrative fine upon its own initiative, which
each separate offense?
shall not exceed ten thousand dollars for each
separate offense


https://www.colorado.gov/pacific/sites/default/files
/January%207%202015%20Motor%20Vehicles%20law
s.pdf

New and used motor $50,000 for Dealer/Wholesaler
vehicle dealers,
wholesalers and https://www.colorado.gov/pacific/enforcement/deal
wholesale auction er-and-wholesaler-motor-vehicle-powersports-
dealers are auto-industry-division
required to have a surety
bond in the amount of $

Motor vehicle Surety Bond with FULL LEGAL NAME in the amount
salespersons are of $15,000. A photocopy may be submitted.
required to have a surety
bond in the amount of https://www.colorado.gov/pacific/enforcement/sale
$ sperson-auto-industry-division




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, 5/31/25, 7:30 AM State of Colorado Motor Vehicle Dealer Board Mastery Examination COMPREHENSIVE QUESTIONS AND VERIFIED ANSW…


The sale or lease of three or
Selling ___ or more
more new or new and used motor vehicles or the
vehicles or offering for
offering for sale or lease of more than three new or
sale more than ___
new and used motor vehicles at the same address
vehicles at the same
or telephone number in any one calendar year shall
address or telephone
be prima facie evidence that a person is engaged in
number in any one
the business of selling or leasing new or new and
calendar year, shall be
used motor vehicles.
prima facie evidence that
a person is engaged in
https://www.colorado.gov/pacific/sites/default/files
the business of selling
/January%207%202015%20Motor%20Vehicles%20law
motor vehicles.
s.pdf

(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
The definition of a used vehicles, or attempts to negotiate a sale, exchange,
motor vehicle dealer or lease of used and new motor vehicles or who is
includes which of the engaged wholly or in part in the business of selling
following? 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%20Motor%20Vehicles%20law
s.pdf




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