MASTERY EXAM CAR SALES COLORADO
QUESTIONS AND ANSWERS LATEST 2025-2026
EXAM UPDATE
Wholesalers - Answer-C)must use a name other than their personal
name on all business documents
A dealer is required to have on file the licenses of each of their
employed salespersons but need not display them in their place of
business - Answer-False
The license of a motor vehicle salesperson or a powersports salesperson
may be denied, revoked or suspended on the following grounds -
Answer-D) all of the above
A dealer must take in the title in their own name before selling a car to
retail customer - Answer-B) False
A salesperson can change dealerships during the licensing year
provided that the correct form and fee is submitted to the board such
sales person may begin work as a motor vehicle salespersons or
powersports salesperson while awaiting a new license from the board -
Answer-B) False
Records of vehicles transfers and odometer statements must be retained
for: - Answer-C) 5 year
,Motor vehicle dealers, powersport dealers, used motor vehicle dealers,
used powersports dealers or wholesalers are not required to report to the
dealer board - Answer-B) any change in the hours of operation of the
business when the business continues full time (review)
Which of the following would indicate a motor vehicle is "used" -
Answer-A certificate of title has been issued
A motor vehicle dealer is responsible for : - Answer-D) all of the above
An advertisement would include - Answer-D) all of the above
The license of a new or used dealer, wholesale auction dealer, or
wholesaler may be denied, suspended revoked or fined for the following
- Answer-D) all of the above
Which of the following is a deceptive trade practice? - Answer-D) All
of the above are deceptive trade practices
Demonstration plates can be displayed on vehicles that are used by the
dealership for any commercial purpose - Answer-true
A dealers advertising must contain the dealers licensed name and the
words - Answer-C) dealer
,Which of the following does not fit the definition of a motor vehicle
dealer - Answer-C) someone who sells motor vehicles solely to
wholesalers
Depot plates may be used during normal business hours to transport a
motor vehicle - Answer-D ) all of the above
Licensed powersport dealers may not sell powersports on Sundays (
verify) - Answer-False
By definition an advertisement may include any commercial message
on any computer display or window, display which is delivered or made
available to a customer or prospective customer in any manner
whatsoever - Answer-True ( verify)
The motor Vehicle dealer board is authorized and empowered to -
Answer-D) all of the above
The federal odometer law declares that it is unlawful to do any of the
following except - Answer-C) to operate a motor vehicle on any street,
with the intent to defraud, knowing that the odometer is disconnected
Dealer demo plates may be used on motor vehicles - Answer-D)
properly assigned in the name of the dealership
, New and used motor vehicle dealers, powersports dealers, and
wholesale auction dealers are required to have a surety bond - Answer-
D) all of the above
Motor vehicle and powersport salespeople are required to have a surety
bond in the amount of : - Answer-15k$
The buyers guide or "as is" sticker must be - Answer-Provided to a
customer in another language than English
In advertisement motor vehicle, a dealer or salesperson may - Answer-
Make reference "dealer cost" or "invoice price"
Which of the following steps are require to properly and legally
repossess a motor vehicle - Answer-Effect a lien creating a security
interest
Which of the following motor vehicles may be sold on Sundays? -
Answer-C)Motor Homes
The Motor Vehicle Dealer Board is authorized and empowered to: -
Answer-issue or deny motor vehicle dealer and salesperson licenses
Dealers may be administratively fined by the Dealer Board up to what
amount for each separate offense? - Answer-shall not exceed 10,000
dollars for each separate offense
QUESTIONS AND ANSWERS LATEST 2025-2026
EXAM UPDATE
Wholesalers - Answer-C)must use a name other than their personal
name on all business documents
A dealer is required to have on file the licenses of each of their
employed salespersons but need not display them in their place of
business - Answer-False
The license of a motor vehicle salesperson or a powersports salesperson
may be denied, revoked or suspended on the following grounds -
Answer-D) all of the above
A dealer must take in the title in their own name before selling a car to
retail customer - Answer-B) False
A salesperson can change dealerships during the licensing year
provided that the correct form and fee is submitted to the board such
sales person may begin work as a motor vehicle salespersons or
powersports salesperson while awaiting a new license from the board -
Answer-B) False
Records of vehicles transfers and odometer statements must be retained
for: - Answer-C) 5 year
,Motor vehicle dealers, powersport dealers, used motor vehicle dealers,
used powersports dealers or wholesalers are not required to report to the
dealer board - Answer-B) any change in the hours of operation of the
business when the business continues full time (review)
Which of the following would indicate a motor vehicle is "used" -
Answer-A certificate of title has been issued
A motor vehicle dealer is responsible for : - Answer-D) all of the above
An advertisement would include - Answer-D) all of the above
The license of a new or used dealer, wholesale auction dealer, or
wholesaler may be denied, suspended revoked or fined for the following
- Answer-D) all of the above
Which of the following is a deceptive trade practice? - Answer-D) All
of the above are deceptive trade practices
Demonstration plates can be displayed on vehicles that are used by the
dealership for any commercial purpose - Answer-true
A dealers advertising must contain the dealers licensed name and the
words - Answer-C) dealer
,Which of the following does not fit the definition of a motor vehicle
dealer - Answer-C) someone who sells motor vehicles solely to
wholesalers
Depot plates may be used during normal business hours to transport a
motor vehicle - Answer-D ) all of the above
Licensed powersport dealers may not sell powersports on Sundays (
verify) - Answer-False
By definition an advertisement may include any commercial message
on any computer display or window, display which is delivered or made
available to a customer or prospective customer in any manner
whatsoever - Answer-True ( verify)
The motor Vehicle dealer board is authorized and empowered to -
Answer-D) all of the above
The federal odometer law declares that it is unlawful to do any of the
following except - Answer-C) to operate a motor vehicle on any street,
with the intent to defraud, knowing that the odometer is disconnected
Dealer demo plates may be used on motor vehicles - Answer-D)
properly assigned in the name of the dealership
, New and used motor vehicle dealers, powersports dealers, and
wholesale auction dealers are required to have a surety bond - Answer-
D) all of the above
Motor vehicle and powersport salespeople are required to have a surety
bond in the amount of : - Answer-15k$
The buyers guide or "as is" sticker must be - Answer-Provided to a
customer in another language than English
In advertisement motor vehicle, a dealer or salesperson may - Answer-
Make reference "dealer cost" or "invoice price"
Which of the following steps are require to properly and legally
repossess a motor vehicle - Answer-Effect a lien creating a security
interest
Which of the following motor vehicles may be sold on Sundays? -
Answer-C)Motor Homes
The Motor Vehicle Dealer Board is authorized and empowered to: -
Answer-issue or deny motor vehicle dealer and salesperson licenses
Dealers may be administratively fined by the Dealer Board up to what
amount for each separate offense? - Answer-shall not exceed 10,000
dollars for each separate offense
