STATE OF COLORADO MOTOR VEHICLE
DEALER BOARD CERTIFICATION
EVALUATION SCRIPT 2026 FULL
QUESTIONS AND CORRECT ANSWERS
GRADED A+
⩥ 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.
⩥ Answer: With respect to a consumer credit transaction, after a
consumer has been in default for ten days for failure to make a required
payment and has not voluntarily surrendered possession of goods or the
mobile home that are collateral, a creditor may give the consumer the
notice described in this section. A creditor gives notice to the consumer
pursuant to this section when the creditor delivers the notice to the
consumer or mails the notice to the consumer at the consumer's
residence, as defined in section 5-1-201 (6).
⩥ In- Transit plates may be used on motor vehicles Answer: answer-
such as tow trucks and delivery vehicles.
Dealer In-Transit License Plates: 1. May be displayed on vehicles that:
a. Are for intra-state and inter-state transport of vehicles offered for sale,
consigned to be sold, or owned by a dealer. b. Are being operated from
point of purchase to the point of storage, or from the point of storage to
the point of sale. c. Are for demonstration purposes only when a
dealership employee is in the vehicle with the prospective buyer. d. Are
in a safe roadworthy condition. 2. Dealer In-Transit license plates may
not be displayed on vehicles that: 76 Auto Industry Division Study
Guide- Miscellaneous Statutes & Regulations a. Are being operated by
prospective buyers without a dealership employee being present in the
,vehicle while being operated, or; b. Have been sold, leased, or rented, or;
c. Are dealer or dealership employees' personal vehicles, or; d. Are
loaned or donated by the dealership, or; e. Are being pulled, hauled or
are otherwise considered cargo, or; f. Are tow vehicles or parts
pickup/delivery vehicles.
⩥ Answer: "Advertise" or "advertisement" means any commercial
message in any newspaper, magazine, leaflet, flyer, or catalog, on radio,
television, or a public address system, in direct mail literature or other
printed material, on any interior or exterior sign or display, in any
window display, on a computer display, or in any point-of-transaction
literature or price tag that is delivered or made available to a customer or
prospective customer in any manner; except that the term does not
include materials required to be displayed by federal or state law
⩥ Answer: "Motor vehicle dealer" means a person who, for commission
or with intent to make a profit or gain of money or other thing of value,
sells, leases, exchanges, rents with option to purchase, offers, or attempts
to negotiate a sale, lease, or exchange of an interest in new or new and
used motor vehicles or who is engaged wholly or in part in the business
of selling or leasing new or new and used motor vehicles, whether or not
the motor vehicles are owned by the person. 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 is prima facie
evidence that a person is engaged in the business of selling or leasing
new or new and used motor vehicles. "Motor vehicle dealer" includes an
owner of real property who allows more than three new or new and used
motor vehicles to be offered for sale or lease on the property during one
, calendar year unless said property is leased to a licensed motor vehicle
dealer. "Motor vehicle dealer" does not include: (a) Receivers, trustees,
administrators, executors, guardians, or other persons appointed by or
acting under the judgment or order of any court; (b) Public officers
while performing their official duties; (c) Employees of a motor vehicle
dealer when engaged in the specific performance of their duties as
employees; (d) A wholesaler or anyone selling motor vehicles solely to
wholesalers; (e) Any person engaged in the selling of a fire truck; or (f)
A motor vehicle auctioneer.
⩥ Answer: "Motor vehicle salesperson" means a natural person who, for
a salary, commission, or compensation of any kind, is employed either
directly or indirectly, regularly or occasionally, by a motor vehicle dealer
or used motor vehicle dealer to sell, lease, purchase, or exchange or to
negotiate for the sale, lease, purchase, or exchange of motor vehicles.
⩥ Answer: "Used motor vehicle dealer" means a 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 motor vehicles, or who is engaged wholly or in part in the business
of selling used motor vehicles, whether or not the motor vehicles are
owned by the person. The sale of three or more used motor vehicles or
the offering for sale of more than three used motor vehicles at the same
address or 7 Auto Industry Division Study Guide- Motor Vehicle
Statutes telephone number in any one calendar year is prima facie
evidence that a person is engaged in the business of selling used motor
vehicles. "Used motor vehicle dealer" includes an owner of real property
who allows more than three used motor vehicles to be offered for sale on
DEALER BOARD CERTIFICATION
EVALUATION SCRIPT 2026 FULL
QUESTIONS AND CORRECT ANSWERS
GRADED A+
⩥ 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.
⩥ Answer: With respect to a consumer credit transaction, after a
consumer has been in default for ten days for failure to make a required
payment and has not voluntarily surrendered possession of goods or the
mobile home that are collateral, a creditor may give the consumer the
notice described in this section. A creditor gives notice to the consumer
pursuant to this section when the creditor delivers the notice to the
consumer or mails the notice to the consumer at the consumer's
residence, as defined in section 5-1-201 (6).
⩥ In- Transit plates may be used on motor vehicles Answer: answer-
such as tow trucks and delivery vehicles.
Dealer In-Transit License Plates: 1. May be displayed on vehicles that:
a. Are for intra-state and inter-state transport of vehicles offered for sale,
consigned to be sold, or owned by a dealer. b. Are being operated from
point of purchase to the point of storage, or from the point of storage to
the point of sale. c. Are for demonstration purposes only when a
dealership employee is in the vehicle with the prospective buyer. d. Are
in a safe roadworthy condition. 2. Dealer In-Transit license plates may
not be displayed on vehicles that: 76 Auto Industry Division Study
Guide- Miscellaneous Statutes & Regulations a. Are being operated by
prospective buyers without a dealership employee being present in the
,vehicle while being operated, or; b. Have been sold, leased, or rented, or;
c. Are dealer or dealership employees' personal vehicles, or; d. Are
loaned or donated by the dealership, or; e. Are being pulled, hauled or
are otherwise considered cargo, or; f. Are tow vehicles or parts
pickup/delivery vehicles.
⩥ Answer: "Advertise" or "advertisement" means any commercial
message in any newspaper, magazine, leaflet, flyer, or catalog, on radio,
television, or a public address system, in direct mail literature or other
printed material, on any interior or exterior sign or display, in any
window display, on a computer display, or in any point-of-transaction
literature or price tag that is delivered or made available to a customer or
prospective customer in any manner; except that the term does not
include materials required to be displayed by federal or state law
⩥ Answer: "Motor vehicle dealer" means a person who, for commission
or with intent to make a profit or gain of money or other thing of value,
sells, leases, exchanges, rents with option to purchase, offers, or attempts
to negotiate a sale, lease, or exchange of an interest in new or new and
used motor vehicles or who is engaged wholly or in part in the business
of selling or leasing new or new and used motor vehicles, whether or not
the motor vehicles are owned by the person. 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 is prima facie
evidence that a person is engaged in the business of selling or leasing
new or new and used motor vehicles. "Motor vehicle dealer" includes an
owner of real property who allows more than three new or new and used
motor vehicles to be offered for sale or lease on the property during one
, calendar year unless said property is leased to a licensed motor vehicle
dealer. "Motor vehicle dealer" does not include: (a) Receivers, trustees,
administrators, executors, guardians, or other persons appointed by or
acting under the judgment or order of any court; (b) Public officers
while performing their official duties; (c) Employees of a motor vehicle
dealer when engaged in the specific performance of their duties as
employees; (d) A wholesaler or anyone selling motor vehicles solely to
wholesalers; (e) Any person engaged in the selling of a fire truck; or (f)
A motor vehicle auctioneer.
⩥ Answer: "Motor vehicle salesperson" means a natural person who, for
a salary, commission, or compensation of any kind, is employed either
directly or indirectly, regularly or occasionally, by a motor vehicle dealer
or used motor vehicle dealer to sell, lease, purchase, or exchange or to
negotiate for the sale, lease, purchase, or exchange of motor vehicles.
⩥ Answer: "Used motor vehicle dealer" means a 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 motor vehicles, or who is engaged wholly or in part in the business
of selling used motor vehicles, whether or not the motor vehicles are
owned by the person. The sale of three or more used motor vehicles or
the offering for sale of more than three used motor vehicles at the same
address or 7 Auto Industry Division Study Guide- Motor Vehicle
Statutes telephone number in any one calendar year is prima facie
evidence that a person is engaged in the business of selling used motor
vehicles. "Used motor vehicle dealer" includes an owner of real property
who allows more than three used motor vehicles to be offered for sale on
