DEALER LICENSE EXAM 2026/2027 AND A NEW UPDATED STUDY
GUIDE COMPLETE ACCURATE TEST APPROVED QUESTIONS AND
CORRECT DETAILED ANSWERS (CORRECT VERIFIED ANSWERS)
NEWEST UPDATED VERSION |GUARANTEED PASS A+
Which of the following are true regarding the Vehicle title and Transfer
fees?
a. Transfer fees are $15.00
b. If late, dealer must pay $5 ASF penalty
c. All of the above
answer- C. All of the above
An unwind usually results from the dealer's failure to obtain financing
for the customer from a lending institution.
a. True
b. False
answer- A. true
If the purchaser overpays the dealer an amount for the licensing or
transfer of the title of vehicle other than actual amount due, the dealer
may:
a. Keep the overpayment as part of down payment
b. Dealer may never keep overpayment and must return it to customer
,answer- b. Dealer may never keep overpayment and must return it to
customer
The Federal Buyers Guide must be displayed on the side windows of the
vehicle so that both sides of the label can be read. It must be signed on
the back by the customer.
a. True
b. False
answer- a. True
What is it most that a dealer can charge customer for smog fee and smog
certificate?
a. $25
b. $35
c. $45
d. $50
answer- d. $50
The Report of Sales Book is provided by the DMV and is the property of
the dealer.
a. True
b. False
, answer- b. False
After a hearing, the department May revoke and/or suspend a dealers
license if they have
a. Wrote the department a check with insufficient funds at the bank
b. knowingly permits someone to illegally use their special plates
c. fall asleep or wrong information on the registration of a vehicle
d. All of the above
answer- d. All of the above
When a dealer runs out of ROS and needs emergency supplies, where
does he/ she get them from?
a. Another dealer
b. DMV Sacramento
c. Occupational Licensing Inspector
answer- c. Occupational Licensing Inspector
Which are true regarding the dealer Special Plates?
a. Dealer can use the SPecial Plates to go on vacation