CERTIFICATION EXAM 2026 QUESTIONS AND
ANSWERS GRADED A+
◉ Dealers must either be self-insured or have insurance for their
vehicles Answer: (A) true
◉ Is it acceptable for a licensed dealer to place an advertisement
using only the name "ABC Enterprise"?. Answer: (B) False is has to
say ABC enterprise dealership
◉ A dealer has how many days to deliver or facilitate delivery of title
from the date
of sale? Answer: (D) 30 days
◉ According to Colorado law , motor vehicle leasing company do
NOT need a motor vehicle dealers license Answer: (B) False
◉ Three of the following are required to be disclosed in an
advertisement when a dealer is advertising a close-end credit sale or
a motor vehicle or power sport vehicle with a down payment
amount, payment amount, number of payment, period of repayment
, or amount of financing charge. Which one is NOT required? Answer:
(C) amount of percentage of the down payment
◉ Three of the following are deceptive trade of practices. Which one
of the following is Not? Answer: (D) delivering goods as promised
◉ Member of motor vehicle dealer board must Answer: (C) be a
resident of the state for at least 5 years
◉ Depot plates may be used during normal business hours to
transport a motor vehicle Answer: (D) all the above
◉ The license of a motor vehicle sales person or a powersport
salesperson may be denied ,revoked , or suspended on any of the
following EXCEPT? Answer: (A) advertising a salvage vehicle while
identifying the vehicle as salvage vehicle
◉ A dealer is required to conspicuously display in there place of
business the license of each sale person employed by the dealer
Answer: (A)true
◉ The license of a motor Sale person or powersport sale person me
be denied, revoked or suspended on any of the following ground
except Answer: (B) advertising a salvage vehicle while identifying
the vehicle as salvage