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COLORADO CAR SALES MASTERY
ACTUAL EXAM 2026 AND PREP EXAM |
ALL QUESTIONS AND CORRECT
DETAILED ANSWERS | RATED A + | NEW
AND REVISED
The definition of a used mother vehicle dealer or used powersports
dealer includes which of the following ? - ANSWER- A person who
attempts to negotiate a sale or lease of a used motor vehicle or
powersports vehicle with the intent to make a profit or gain
A customer's trade- in vehicle on a financed deal may be sold -
ANSWER- D) only when the financing has been approved
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
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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
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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)
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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"
COLORADO CAR SALES MASTERY
ACTUAL EXAM 2026 AND PREP EXAM |
ALL QUESTIONS AND CORRECT
DETAILED ANSWERS | RATED A + | NEW
AND REVISED
The definition of a used mother vehicle dealer or used powersports
dealer includes which of the following ? - ANSWER- A person who
attempts to negotiate a sale or lease of a used motor vehicle or
powersports vehicle with the intent to make a profit or gain
A customer's trade- in vehicle on a financed deal may be sold -
ANSWER- D) only when the financing has been approved
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
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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
,3|Page
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)
, 4|Page
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"
