Car sales Latest recent & frequently tested
exams with questions and verified accurate
solutions (detailed & elaborated) GRADED A+
, Advertising - correct ans:Don't use false advertising for purchasing a motor vehicle
Vehicle Pricing - correct ans:The price must include all charges that the customer will pay except sales
tax, title and registration fees. Don't use phrases such as "name your own price" or "write your own
deal"
"Free" - correct ans:Don't use the word free if customer must purchase something to receive the free
merchandise.
Trade-Ins - correct ans:Not allowed to use the phrases "we will pay up to" or "appraise your own
vehicle" or "as much as" when trade ins are involved.
Damaged Vehicles - correct ans:If two or more vehicles are damaged by the same cause include the
cause of the damage in all adds.
Salvage Vehicle - correct ans:Vehicle less than 7 years old which damaged by collision or other
occurrence to the extent that the estimated or actual cost, whichever is greater, or repairing the vehicle
exceeds 70% of its fair market value.
Transferred to Insure Upon Payment of Claim - correct ans:Vehicle is less than seven model years old,
damaged more than 30% but not more then 70% of its fair market value.
Vehicle is a Manufacture's Buyback - correct ans:Vehicle was repurchased by the manufacture under
Wisconsin's or another state's Lemon Law
Rebuilt Salvage - correct ans:Vehicle that was declared salvage and has now been rebuilt and has passed
a Wisconsin salvage inspection
Vehicle Flood Damaged - correct ans:Vehicle was damaged by flood to the extent that the estimated or
actual cost of repairs exceed 70% of its fair market value.
exams with questions and verified accurate
solutions (detailed & elaborated) GRADED A+
, Advertising - correct ans:Don't use false advertising for purchasing a motor vehicle
Vehicle Pricing - correct ans:The price must include all charges that the customer will pay except sales
tax, title and registration fees. Don't use phrases such as "name your own price" or "write your own
deal"
"Free" - correct ans:Don't use the word free if customer must purchase something to receive the free
merchandise.
Trade-Ins - correct ans:Not allowed to use the phrases "we will pay up to" or "appraise your own
vehicle" or "as much as" when trade ins are involved.
Damaged Vehicles - correct ans:If two or more vehicles are damaged by the same cause include the
cause of the damage in all adds.
Salvage Vehicle - correct ans:Vehicle less than 7 years old which damaged by collision or other
occurrence to the extent that the estimated or actual cost, whichever is greater, or repairing the vehicle
exceeds 70% of its fair market value.
Transferred to Insure Upon Payment of Claim - correct ans:Vehicle is less than seven model years old,
damaged more than 30% but not more then 70% of its fair market value.
Vehicle is a Manufacture's Buyback - correct ans:Vehicle was repurchased by the manufacture under
Wisconsin's or another state's Lemon Law
Rebuilt Salvage - correct ans:Vehicle that was declared salvage and has now been rebuilt and has passed
a Wisconsin salvage inspection
Vehicle Flood Damaged - correct ans:Vehicle was damaged by flood to the extent that the estimated or
actual cost of repairs exceed 70% of its fair market value.
