Motor Vehicle Salesperson Exam with Questions and Answers
Motor Vehicle Salesperson Exam with Questions and Answers What are the requirements for a salesperson license? ANSWER - 18 years old - agree to act in good faith as a salesperson - are familiar with motor vehicle sales laws, lease laws and contract laws Advertising ANSWER Using false, deceptive or misleading advertising or representations to induce the purchase of a motor vehicle is an unfair practice and is prohibited. Vehicle Prices ANSWER The advertised price must include all charges that the customer will pay, except sales tax, title and registration fees. Post advertised prices on the vehicle. Don't use phrases such as "write your own deal" or "name your own price" because they mislead customers. New Vehicle Discount ANSWER You may only advertise new vehicles using terms such as "invoice" or "cost" when you disclose that the "actual dealer cost is, or may be less, due to factory holdback, rebates, incentives, or other discounts." "Free" merchandise ANSWER Don't use the word "free" in any advertising if the customer must purchase something to receive the "free" merchandise, equipment, accessories or service. You may state that an item "is included with" the purchase. Trade-in allowance ANSWER You are not allowed to use phrases such as, "we will pay up to", "appraise your own vehicle" or "as much as" when advertising allowance for a trade-in.
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- Uploaded on
- April 27, 2024
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- 5
- Written in
- 2023/2024
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- Exam (elaborations)
- Contains
- Questions & answers
