WISCONSIN AUTO SALES LICENSE QUESTIONS AND CORRECT ANSWERS 2025/2026

WISCONSIN AUTO SALES LICENSE QUESTIONS AND CORRECT ANSWERS 2025/2026 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 disclose when a vehicle has been flood damaged - Answer -yes MSRP - Answer -a label on the window of a car that has information on standard equipment, base price, transport method, assembly point, receiving dealer Are MSRPs required for trucks? - Answer -noDealer Supplemental Price Label - Answer -a label that lists optional equipment or accessories installed by the dealership Wisconsin Buyers Guide - Answer -the results of a safety inspection when is the Wisconsin Buyers Guide not required - Answer -- trucks over 16,000 pounds - demo vehicles - unrepaired salvage - leased vehicles that are bought after the leasing period is