DMV Dealer License Test 2025/2026
Exam Questions Marking Scheme New
Update | A+ Rated
The National Motor Vehicle Title Information System requires which of the
following?
a. All warranty agreements be sent to DMV
b. All vehicles have a Car Fax
c. A red warning decal be placed on vehicles with branded titles
d. Both A and B - 🧠 ANSWER ✔✔c. A red warning decal be placed on
vehicles with branded titles
When a dealer sells a vehicle that was consigned to them to sell, they
must:
a. Provide the seller an accounting and payment within 20 days of the sale
b. Test drive it before agreeing to sell it
1
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, c. Provide a warranty
d. None of the above - 🧠 ANSWER ✔✔a. Provide the seller an accounting
and payment within 29 days of the sale.
Which of the following are permitted methods for computing interest rate?
a. The Pre-Computed Basis Method
b. The Simple Interest Basis Method
c. The Friedman Method
d. Both A and B - 🧠 ANSWER ✔✔d. Both A and B
What is the maximum a dealer may charge a customer for a smog test? - 🧠
ANSWER ✔✔$50.00
What is the basic DMV transfer fee to transfer the title into the buyer's
name? - 🧠 ANSWER ✔✔$15.00
If the buyer defaults on a Conditional Sales Contract, the dealer may,
subject to proper notification to the buyer:
2
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
Exam Questions Marking Scheme New
Update | A+ Rated
The National Motor Vehicle Title Information System requires which of the
following?
a. All warranty agreements be sent to DMV
b. All vehicles have a Car Fax
c. A red warning decal be placed on vehicles with branded titles
d. Both A and B - 🧠 ANSWER ✔✔c. A red warning decal be placed on
vehicles with branded titles
When a dealer sells a vehicle that was consigned to them to sell, they
must:
a. Provide the seller an accounting and payment within 20 days of the sale
b. Test drive it before agreeing to sell it
1
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, c. Provide a warranty
d. None of the above - 🧠 ANSWER ✔✔a. Provide the seller an accounting
and payment within 29 days of the sale.
Which of the following are permitted methods for computing interest rate?
a. The Pre-Computed Basis Method
b. The Simple Interest Basis Method
c. The Friedman Method
d. Both A and B - 🧠 ANSWER ✔✔d. Both A and B
What is the maximum a dealer may charge a customer for a smog test? - 🧠
ANSWER ✔✔$50.00
What is the basic DMV transfer fee to transfer the title into the buyer's
name? - 🧠 ANSWER ✔✔$15.00
If the buyer defaults on a Conditional Sales Contract, the dealer may,
subject to proper notification to the buyer:
2
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
