Sales license Study guides, Class notes & Summaries

Car Sales Test Colorado Questions and Answers The License of a motor vehicle salesperson or a power sports salesperson may be denied revoked, or suspended on any of the following grounds except: - ANSWER ️️ Advertising a salvage vehicle while identifying the vehicle as a salvage vehicle The advertise price of a motor vehicle must include: - ANSWER ️️ Answer- Finance Charge Advertisement of rate of finance charge. If an advertisement states a rate of finance charge, it shall state...

Wisconsin Auto Sales License Exam Questions and Answers (Graded A) What aren't you allowed to do while advertising - ANSWER ️️ use deceptive or misleading advertising to induce price What terms cannot be used when discussing trade in allowance? - ANSWER ️️ - We will pay up to - appraise your own vehicle - as much as what wording can you NOT use in advertisements unless the dealership is going out of business - ANSWER ️️ - close out - last of remaining Do you always have to ...

Car Sales Test with Latest Questions and Expert Answers Advertising ANSWER Don't use false advertising for purchasing a motor vehicle Vehicle Pricing ANSWER The price must include all charges that the customer will pay except sales tax, title and registration fees. Don't use phrases such as "name your own price" or "write your own deal" "Free" ANSWER Don't use the word free if customer must purchase something to receive the free merchandise. Trade-Ins ANSWER Not allowed to u...

VA Sales License Test with Questions and Answers What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? ANSWER 1. a $1000 civil penalty 2. the customer may return the vehicle Vehicles can be sold in Virginia "As Is" if: ANSWER 1. A buyers guide is completely filled out, signed, and dated by the buyer 2. the dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale 3. a d...

Car Sales Exam with Questions and Answers Components of a good car sale lead ANSWER 1) Rents often 2) Total loss 3) In the market Specific types of customers who make good leads ANSWER 1) Rent often 2) Total loss 3) Month to month renter Total loss customers and their vehicle needs ANSWER Insurance gives 48 hrs of rental How does ERAC car sales compare to competitors in pricing ANSWER ????? Know best way to explain car sales to customer ANSWER -"car sales friend" is going to...

Motor Vehicle Salesperson Exam with Questions and Answers What are the requirements for a salesperson license? ANSWER - 18 years old - agree to act in good faith as a salesperson - are familiar with motor vehicle sales laws, lease laws and contract laws Advertising ANSWER Using false, deceptive or misleading advertising or representations to induce the purchase of a motor vehicle is an unfair practice and is prohibited. Vehicle Prices ANSWER The advertised price must include all charg...

Contracts and Sales Test with Questions and Answers Carson Corp., a retail chain, asked Alto Construction to fix a broken window at one of Carson's stores. Alto offered to make the repairs within 3 days at a price to be agreed on after the work was completed. A contract based on Alto's offer would fail because of indefiniteness as to the a. price involved b. nature of the subject matter c. parties to the contract d. time for performance ANSWER a. price involved On September 10, Harri...

Permit Test (Colorado) with Questions and Answers 1. You may not pass another vehicle on either side of a _______ centerline. ANSWER double solid yellow When drivers come to this sign, they must: ANSWER be ready to stop at the stop sign As you approach an intersection, the traffic light changes from green to yellow. You should: ANSWER be prepared to stop before the intersection. To drive defensively, you must: ANSWER Keep your eyes moving This road sign warns drivers that: ANSWER ...

Colorado DMV Permit Test with Questions and Answers What is the hand signal for a right turn? ANSWER Put left hand and arm up, keeping hand arm still What should you do before changing lanes? ANSWER -Turn your signal on -Check your mirrors -Check your blind spot (Look over your shoulder) What is the "3-second rule? ANSWER The amount of time you should allow between you and another vehicle for safety When is it safe to return to the right-hand lane after passing another vehicle? A...

NEW Motor Vehicle Exam Questions and Answers Motor vehicle dealers, powersport dealers used powersports dealers or wholesalers are REQUIRED to report to the Dealer Board ANSWER any change in the hours of operation of the business when it continues to operate full time Three of the following types of motor vehicles are exempt from the truth in mileage act. Which one is not exempt ANSWER motor vehicles with out of state titiles The definition of a used motor vehicle dealer or used powers...

Car Sales Test Colorado Questions and answers latest update

Mastery Exam, Car Sales Test Colorado Questions and answers latest update