Auto Salesperson License (Wisconsin Only) Questions with Correct Answers

Who needs a motor vehicle salesperson license? Correct answer anyone who wants to sell/lease vehicles in wisconsin What are the requirements for a salesperson license? Correct answer - 18 + years old - agree to follow the "good faith" salesperson standards - familiar to sales contract laws How do you renew your license? Correct answer your employer renews the license and pays the fee. There is no written text for renewals How do you get a duplicate salesperson license? Correct answer employer completes the application for your lost/destroyed licenses What happens when you change dealerships? Correct answer during your licensed period you give your license o the former employer and complete a new application at the new place of employment What do you do when you terminate emplyment? Correct answer when you terminate employment you give your license to your employer before leaving What is a lapsed license? Correct answer when your wi license expired more than 5 years ago. You will need to retake the written test. Fee and application is the same as first time applicants What happens if there's a criminal conviction? Correct answer under most circumstances you may be licensed even if you are convicted of a crime. The dealer/agent will investigate before approving or denying your license. What do you do if you were denied? Correct answer if your application on a motor vehicle salesperson license is declined you may appeal to the division of hearing and appeals. If your application is denied you'll receive a denial letter which contains reasons why and instructions on how to get an appeal What is a dealership group? Correct answer a dealership group is 2 or more dealerships with the same majority owner. What arent you allowed to do when advertising? Correct answer using false, deceptive or misleading advertising or representations to induce the purchaser of a motor vehicle is an unfair proactive and is prohibited What must you advertise for vehicle prices? Correct answer ad price must include all charges except the sales, title and registration fee. Post advertised prices on the vehicle. Do not use phrases like "write your own deal" or "name your own price" because they mislead customers