STATE OF COLORADO MOTOR VEHICLE
DEALER BOARD ADVANCED REVIEW
PAPER 2026 COMPLETE ANSWERS
GRADED A+
⩥ Three of the following are required when a dealer is advertising lease
of a motor vehicle or power sports vehicle with a payment amount.
Which one is NOT required? Answer: B. Disclosing the cost of leasing
versus the cost of purchasing
⩥ The motor vehicle board is authorized and empowered to: Answer: D.
All of the above
⩥ motor vehicles may be sold on Sundays? (52)
(True or False) Answer: False
⩥ motor vehicle board may decide how large a fine to impose on a
dealer who sells primarily vehicle that weigh 1500 pounds or more so
long as it does not exceed $5,000
(True or False) Answer: False
⩥ The motor vehicle board does NOT have among its members (pg.6)
Answer: C. Three employees from the enforcement division
, ⩥ Colorado's lemon law covers Answer: B. New self-propelled vehicles,
including pickups and vans
⩥ The federal trade commission's used car rule has required the dealers
prominently and conspicuously display the "_____" on every used motor
vehicle or light truck offered for sales. this is also known as the "as is"
sticker. Answer: Buyer's guide
⩥ Incoming and outgoing mileage disclosures must be retained for 5
years Answer: True
⩥ Dealer should ensure that their reposessor are bonded through the
state attorney general's office. Dealers employing and unbonded
reposessor: (pg. 83) Answer: C. May become liable for the actions of the
reposessor
⩥ Which of the following is true about Colorado's lemon law: (pg.86)
Answer: C. A ''reasonable number of attempts" to repair applies when
the motor vehicle has been out of service for repairs a cumulative total
of 30 or more business days during the warranty term or 1 year from
date of delivery
⩥ Wholesalers may: (pg.6) Answer: A. Make a profit or gain selling to
wholesalers and dealer
DEALER BOARD ADVANCED REVIEW
PAPER 2026 COMPLETE ANSWERS
GRADED A+
⩥ Three of the following are required when a dealer is advertising lease
of a motor vehicle or power sports vehicle with a payment amount.
Which one is NOT required? Answer: B. Disclosing the cost of leasing
versus the cost of purchasing
⩥ The motor vehicle board is authorized and empowered to: Answer: D.
All of the above
⩥ motor vehicles may be sold on Sundays? (52)
(True or False) Answer: False
⩥ motor vehicle board may decide how large a fine to impose on a
dealer who sells primarily vehicle that weigh 1500 pounds or more so
long as it does not exceed $5,000
(True or False) Answer: False
⩥ The motor vehicle board does NOT have among its members (pg.6)
Answer: C. Three employees from the enforcement division
, ⩥ Colorado's lemon law covers Answer: B. New self-propelled vehicles,
including pickups and vans
⩥ The federal trade commission's used car rule has required the dealers
prominently and conspicuously display the "_____" on every used motor
vehicle or light truck offered for sales. this is also known as the "as is"
sticker. Answer: Buyer's guide
⩥ Incoming and outgoing mileage disclosures must be retained for 5
years Answer: True
⩥ Dealer should ensure that their reposessor are bonded through the
state attorney general's office. Dealers employing and unbonded
reposessor: (pg. 83) Answer: C. May become liable for the actions of the
reposessor
⩥ Which of the following is true about Colorado's lemon law: (pg.86)
Answer: C. A ''reasonable number of attempts" to repair applies when
the motor vehicle has been out of service for repairs a cumulative total
of 30 or more business days during the warranty term or 1 year from
date of delivery
⩥ Wholesalers may: (pg.6) Answer: A. Make a profit or gain selling to
wholesalers and dealer
