COLORADO SALES TEST GUIDE EXAM
PAPER 2026 QUESTIONS WITH CORRECT
ANSWERS GRADED A+
⩥ Motor vehicles may be sold on Sunday (s). Answer: False
⩥ Selling, leasing, exchanging, renting with option to purchase, offering,
or negotiating an exchange of interest in three (3) or more motor
vehicles or three (3) or more powersports vehicles in any one calendar
year, shall be prima facie evidence that a person is engaged in the
business of selling or leasing motor vehicles or powersports vehicles.
Answer: False
⩥ Colorado's Lemon Law covers. Answer: new self-propelled vehicles,
including pickups and vans
⩥ All motor vehicle dealers and powersports dealers must be open to
inspection (of books and records) by the motor vehicle board and its
agents. Answer: Monday through Friday from 9 A.M. to 5 P.M
⩥ If an advertisement for a closed-end credit sale contains the down
payment amount, payment amount, number of payments, and period of
repayment, the annual percentage rate does not need to be disclosed.
Answer: False
,⩥ What is the highest fine per offense that the Motor Vehicle Dealer
Board or an Administrative Law Judge may impose on a dealer, who
sells primarily vehicles that weigh 1,500 pounds or more?. Answer:
$10,000
⩥ Licensed powersport dealers may not sell powersports on Sunday(s).
Answer: False
⩥ The Motor Vehicle Dealer Board is authorized and empowered to.
Answer: - Issue licenses to and regulate wholsalers - impose a fine of up
to $20,000 for each separate offense - act as an enforcement arm in
licensing and regulation
⩥ 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: False
⩥ Which of the following is true about Colorado's Lemon Law?.
Answer: a "reasonable number of attempts" to repair applies when the
motor vehicle has been out of service for repairs a cumulative total of 30
or more business days during the warranty term or 1 year from date of
delivery
, ⩥ The license of a wholesale auction dealer or wholesaler may be
denied, suspended, revoked or fined for the following. Answer:
Attempting to negotiate the sale, lease, or exchange of an interest in
motor vehicles to persons other than new or used dealers, wholesalers, or
wholesale auction dealers
⩥ The license of a motor vehicle salesperson or a powersports
salesperson may be denied. revoked, or suspended on any of the
following grounds except. Answer: using point of sale literature in
advertising
⩥ Three of the following are deceptive trade practices. Which one of the
following is not?. Answer: delivering goods as promised
⩥ New and used motor vehicle dealers, powersports dealers, wholesalers
and wholesale auction dealers are required to have a surety bond in the
amount of. Answer: $50,000
⩥ The license of a new or used dealer, wholesale auction dealer, or
wholesaler may be denied. suspended, revoked or fined for all of the
following grounds except. Answer: employing a properly licensed
salesperson
⩥ Which of the following persons are required, by federal law, to adhere
to the Truth in Mileage Act?. Answer: - new and used motor vehicle
dealers - motor vehicle lessors - motor vehicle auctioneers
PAPER 2026 QUESTIONS WITH CORRECT
ANSWERS GRADED A+
⩥ Motor vehicles may be sold on Sunday (s). Answer: False
⩥ Selling, leasing, exchanging, renting with option to purchase, offering,
or negotiating an exchange of interest in three (3) or more motor
vehicles or three (3) or more powersports vehicles in any one calendar
year, shall be prima facie evidence that a person is engaged in the
business of selling or leasing motor vehicles or powersports vehicles.
Answer: False
⩥ Colorado's Lemon Law covers. Answer: new self-propelled vehicles,
including pickups and vans
⩥ All motor vehicle dealers and powersports dealers must be open to
inspection (of books and records) by the motor vehicle board and its
agents. Answer: Monday through Friday from 9 A.M. to 5 P.M
⩥ If an advertisement for a closed-end credit sale contains the down
payment amount, payment amount, number of payments, and period of
repayment, the annual percentage rate does not need to be disclosed.
Answer: False
,⩥ What is the highest fine per offense that the Motor Vehicle Dealer
Board or an Administrative Law Judge may impose on a dealer, who
sells primarily vehicles that weigh 1,500 pounds or more?. Answer:
$10,000
⩥ Licensed powersport dealers may not sell powersports on Sunday(s).
Answer: False
⩥ The Motor Vehicle Dealer Board is authorized and empowered to.
Answer: - Issue licenses to and regulate wholsalers - impose a fine of up
to $20,000 for each separate offense - act as an enforcement arm in
licensing and regulation
⩥ 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: False
⩥ Which of the following is true about Colorado's Lemon Law?.
Answer: a "reasonable number of attempts" to repair applies when the
motor vehicle has been out of service for repairs a cumulative total of 30
or more business days during the warranty term or 1 year from date of
delivery
, ⩥ The license of a wholesale auction dealer or wholesaler may be
denied, suspended, revoked or fined for the following. Answer:
Attempting to negotiate the sale, lease, or exchange of an interest in
motor vehicles to persons other than new or used dealers, wholesalers, or
wholesale auction dealers
⩥ The license of a motor vehicle salesperson or a powersports
salesperson may be denied. revoked, or suspended on any of the
following grounds except. Answer: using point of sale literature in
advertising
⩥ Three of the following are deceptive trade practices. Which one of the
following is not?. Answer: delivering goods as promised
⩥ New and used motor vehicle dealers, powersports dealers, wholesalers
and wholesale auction dealers are required to have a surety bond in the
amount of. Answer: $50,000
⩥ The license of a new or used dealer, wholesale auction dealer, or
wholesaler may be denied. suspended, revoked or fined for all of the
following grounds except. Answer: employing a properly licensed
salesperson
⩥ Which of the following persons are required, by federal law, to adhere
to the Truth in Mileage Act?. Answer: - new and used motor vehicle
dealers - motor vehicle lessors - motor vehicle auctioneers
