COLORADO SALES MASTERY PRACTICE
REVIEW 2026 UPDATED QUESTIONS AND
SOLUTIONS GRADED A+
⩥
Answer: It is unlawful for any person to advertise for sale, to sell, to use,
or to install or to have installed any device which causes an odometer to
register any mileage other than the true mileage driven. For purposes of
this section, the true mileage driven is that mileage driven by the vehicle
as registered by the odometer within the manufacturer's designed
tolerance. (2) It is unlawful for any person or the person's agent to
disconnect, reset, or alter the odometer of any motor vehicle with the
intent to change the number of miles indicated thereon. (3) It is unlawful
for any person, with the intent to defraud, to operate a motor vehicle on
any street or highway knowing that the odometer of such vehicle is
disconnected or nonfunctional. (4) Nothing in this part 2 shall prevent
the service, repair, or replacement of an odometer, if the mileage
indicated thereon remains the same as before the service, repair, or
replacement. When the odometer is incapable of registering the same
mileage as before such service, repair, or replacement, the odometer
shall be adjusted to read zero, and a notice in writing shall be attached to
the left door frame of the vehicle by the owner or the owner's agent
specifying the mileage prior to repair or replacement of the odometer
and the date on which it was repaired or replaced. Any removal or
alteration of such notice so affixed is unlawful. 23 Auto Industry
Division Study Guide- Miscellaneous Statutes & Regulations (5) It is
unlawful for any transferor to fail to comply with 49 U.S.C. sec. 32705
,and any rule concerning odometer disclosure requirements or to
knowingly give a false statement to a transferee in making any
disclosure required by such law.
⩥ A dealer has how many days to deliver or facilitate delivery of title
from the date of sale
Answer: A dealer of motor or off-highway vehicles shall, within thirty
days after the sale, deliver or facilitate the delivery of the certificate of
title to a purchaser or the holder of a chattel mortgage on the motor or
offhighway vehicle subject to section 42-6-109.
⩥ full use dealer plates can be displayed on all vehicles owned and
offered for sale by dealer or wholesaler, except those that are used on
tow vehicles or parts delivery/pickup vehicles
Answer: Right Answer- False
An application for a full-use dealer plate may be submitted by a motor
vehicle dealer or wholesaler who: (A) Has sold more than twenty-five
motor vehicles in the twelve-month period preceding application; (B)
Purchases an existing motor vehicle dealership or wholesale business
that has sold more than twenty-five vehicles during the twelve-month
period preceding application; or(C) Obtains a license to operate a new or
used motor vehicle dealership or wholesale business with an inventory
of fifty or more motor vehicles. (II) Full-use dealer plates may be used
in lieu of, in the same manner as, and to the same extent as number
plates issued pursuant to section 42-3-201. 29 Auto Industry Division
,Study Guide- Miscellaneous Statutes & Regulations (b) (I) The
department shall issue full-use dealer plates upon payment of the fee
specified in subparagraph (II) of this paragraph (b) and upon application
of a motor vehicle dealer or wholesaler accompanied by satisfactory
evidence that the applicant is entitled to the plate in accordance with the
criteria established in subparagraph (I) of paragraph (a) of this
subsection (6). (II) The annual fee for full-use dealer plates shall be
established and adjusted annually by the department based on the
average of specific ownership taxes and registration fees paid for
passenger vehicles and light duty trucks that are seven model years old
or newer and that were registered during the one-year period preceding
January 1 of each year. Such annual fee shall be prorated on a monthly
basis. The annual fee for full-use dealer plates for motorcycles shall be
established and adjusted annually by the department based on the
average of specific ownership taxes and registration fees paid for
motorcycles that are seven model years old or newer and that were
registered during th
⩥ A customers trade-in vehicle on a financed deal may be sold
Answer: Only when the financing has been approved
Accepts a used vehicle as a trade-in on the purchase or lease of a motor
vehicle, used motor vehicle, powersports vehicle, or used powersports
vehicle and sells or leases the vehicle that has been traded in before the
purchaser or lessee has been approved for a consumer credit transaction
as defined in section 5-1-301 (12) if the approval is a condition of the
purchase or lease;
, ⩥ Which of the following steps are required to porperly and legally
repossess a motor vehicle
Answer: allow the debtor 20 days to cure
If a mortgagee, lienholder, or the mortgagee's or lienholder's assignee or
the agent of either repossesses a motor or off-highway vehicle because
of default in the terms of a secured debt, the repossessor shall notify,
either orally or in writing, a law enforcement agency, as provided in this
section, of the repossession, the name of the owner, the name of the
repossessor, and the name of the mortgagee, lienholder, or assignee. The
notification must be made at least one hour before, if possible, and in
any event no later than one hour after, the repossession occurs. If the
repossession takes place in an incorporated city or town, the repossessor
shall notify the police department, town marshal, or other local law
enforcement agency of the city or town. If the repossession takes place
in the unincorporated area of a county, the repossessor shall notify the
county sheriff. (2) A repossessor who violates subsection (1) of this
section is guilty of a class 2 misdemeanor and, upon conviction, shall be
punished as provided in section 18-1.3-501, C.R.S. (3) If a motor or off-
highway vehicle being repossessed is subject to the "Uniform
Commercial Code - Secured Transactions", article 9 of title 4, C.R.S.,
the repossession is governed by section 4-9- 629, C.R.S. (4) As used in
this section, the term "repossessor" means the party who physically takes
possession of the motor or off-highway vehicle and drives, tows, or
transports the vehicle for delivery to the mortgagee, lienholder, or
assignee or the agent of the mortgagee, lienholder, or assignee.
⩥
REVIEW 2026 UPDATED QUESTIONS AND
SOLUTIONS GRADED A+
⩥
Answer: It is unlawful for any person to advertise for sale, to sell, to use,
or to install or to have installed any device which causes an odometer to
register any mileage other than the true mileage driven. For purposes of
this section, the true mileage driven is that mileage driven by the vehicle
as registered by the odometer within the manufacturer's designed
tolerance. (2) It is unlawful for any person or the person's agent to
disconnect, reset, or alter the odometer of any motor vehicle with the
intent to change the number of miles indicated thereon. (3) It is unlawful
for any person, with the intent to defraud, to operate a motor vehicle on
any street or highway knowing that the odometer of such vehicle is
disconnected or nonfunctional. (4) Nothing in this part 2 shall prevent
the service, repair, or replacement of an odometer, if the mileage
indicated thereon remains the same as before the service, repair, or
replacement. When the odometer is incapable of registering the same
mileage as before such service, repair, or replacement, the odometer
shall be adjusted to read zero, and a notice in writing shall be attached to
the left door frame of the vehicle by the owner or the owner's agent
specifying the mileage prior to repair or replacement of the odometer
and the date on which it was repaired or replaced. Any removal or
alteration of such notice so affixed is unlawful. 23 Auto Industry
Division Study Guide- Miscellaneous Statutes & Regulations (5) It is
unlawful for any transferor to fail to comply with 49 U.S.C. sec. 32705
,and any rule concerning odometer disclosure requirements or to
knowingly give a false statement to a transferee in making any
disclosure required by such law.
⩥ A dealer has how many days to deliver or facilitate delivery of title
from the date of sale
Answer: A dealer of motor or off-highway vehicles shall, within thirty
days after the sale, deliver or facilitate the delivery of the certificate of
title to a purchaser or the holder of a chattel mortgage on the motor or
offhighway vehicle subject to section 42-6-109.
⩥ full use dealer plates can be displayed on all vehicles owned and
offered for sale by dealer or wholesaler, except those that are used on
tow vehicles or parts delivery/pickup vehicles
Answer: Right Answer- False
An application for a full-use dealer plate may be submitted by a motor
vehicle dealer or wholesaler who: (A) Has sold more than twenty-five
motor vehicles in the twelve-month period preceding application; (B)
Purchases an existing motor vehicle dealership or wholesale business
that has sold more than twenty-five vehicles during the twelve-month
period preceding application; or(C) Obtains a license to operate a new or
used motor vehicle dealership or wholesale business with an inventory
of fifty or more motor vehicles. (II) Full-use dealer plates may be used
in lieu of, in the same manner as, and to the same extent as number
plates issued pursuant to section 42-3-201. 29 Auto Industry Division
,Study Guide- Miscellaneous Statutes & Regulations (b) (I) The
department shall issue full-use dealer plates upon payment of the fee
specified in subparagraph (II) of this paragraph (b) and upon application
of a motor vehicle dealer or wholesaler accompanied by satisfactory
evidence that the applicant is entitled to the plate in accordance with the
criteria established in subparagraph (I) of paragraph (a) of this
subsection (6). (II) The annual fee for full-use dealer plates shall be
established and adjusted annually by the department based on the
average of specific ownership taxes and registration fees paid for
passenger vehicles and light duty trucks that are seven model years old
or newer and that were registered during the one-year period preceding
January 1 of each year. Such annual fee shall be prorated on a monthly
basis. The annual fee for full-use dealer plates for motorcycles shall be
established and adjusted annually by the department based on the
average of specific ownership taxes and registration fees paid for
motorcycles that are seven model years old or newer and that were
registered during th
⩥ A customers trade-in vehicle on a financed deal may be sold
Answer: Only when the financing has been approved
Accepts a used vehicle as a trade-in on the purchase or lease of a motor
vehicle, used motor vehicle, powersports vehicle, or used powersports
vehicle and sells or leases the vehicle that has been traded in before the
purchaser or lessee has been approved for a consumer credit transaction
as defined in section 5-1-301 (12) if the approval is a condition of the
purchase or lease;
, ⩥ Which of the following steps are required to porperly and legally
repossess a motor vehicle
Answer: allow the debtor 20 days to cure
If a mortgagee, lienholder, or the mortgagee's or lienholder's assignee or
the agent of either repossesses a motor or off-highway vehicle because
of default in the terms of a secured debt, the repossessor shall notify,
either orally or in writing, a law enforcement agency, as provided in this
section, of the repossession, the name of the owner, the name of the
repossessor, and the name of the mortgagee, lienholder, or assignee. The
notification must be made at least one hour before, if possible, and in
any event no later than one hour after, the repossession occurs. If the
repossession takes place in an incorporated city or town, the repossessor
shall notify the police department, town marshal, or other local law
enforcement agency of the city or town. If the repossession takes place
in the unincorporated area of a county, the repossessor shall notify the
county sheriff. (2) A repossessor who violates subsection (1) of this
section is guilty of a class 2 misdemeanor and, upon conviction, shall be
punished as provided in section 18-1.3-501, C.R.S. (3) If a motor or off-
highway vehicle being repossessed is subject to the "Uniform
Commercial Code - Secured Transactions", article 9 of title 4, C.R.S.,
the repossession is governed by section 4-9- 629, C.R.S. (4) As used in
this section, the term "repossessor" means the party who physically takes
possession of the motor or off-highway vehicle and drives, tows, or
transports the vehicle for delivery to the mortgagee, lienholder, or
assignee or the agent of the mortgagee, lienholder, or assignee.
⩥
