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Exam (elaborations)

Auto Salesperson License (Wisconsin Only) (Latest Update 2024)

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Auto Salesperson License (Wisconsin Only) (Latest Update 2024)

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Auto Salesperson License (Wisconsin
Only) (Latest Update 2024)
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

,Auto Salesperson License (Wisconsin
Only) (Latest Update 2024)

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

, Auto Salesperson License (Wisconsin
Only) (Latest Update 2024)
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



What is the new vehicle discount? - Correct Answer ✅you
may only advertise new vehicles using terms such as
"invoice" or "cost" when you disclose what the actual dealer
cost is or may be less than due to factory hold back, rebates,
incentives or other discounts

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Uploaded on
August 21, 2024
Number of pages
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Written in
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Type
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