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Colorado Car Sales Mastery Exam 2025/2026| LATEST UPDATE GUARANTEED PASS| CORRECT QUESTIONS +| GRADED A+ The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or suspended on any of the following grounds except: - โโโ advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle According to colorado law, which of the following must be licensed as a motor vehicle dealer and or powersports dealer? - โโโ All of the above Colorado Lemon law covers: - โโโ defects that substantially impair the market value of the vehicl
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The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked or suspended on any of the following grounds except: - โโโ advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle According to colorado law, which of the following must be licensed as a motor vehicle dealer and or powersports dealer? - โโโ All of the above Colorado Lemon law covers: - โโโ defects that substantially impair the market value of the vehicle Three of the following are required to be disclosed in an advertisement when a dealer is advertisement a closed end credit sale of a mother vehicle or powersports...except? - โโโ tax rate The motor vehicle dealer board is authorized and empowered to: - โโโ All the above The motor vehicle dealer board is authorized and empowered to: - โโโ All the above Local law enforcement officers must be notified within repossession of a motor vehicle occurs: - โโโ 1 Hour All motor vehicle dealers and power-sports dealers must post a clear, legible sign on their principal place of business if: - โโโ they will be open less than 40 hours a week A dealer may issue a temporary permits for each roadworthy vehicle sold - โโโ False The motor vehicle dealer board may be decide how large a fine to impose on a dealer who sells primarily vehicles that weigh 1,500 pounds or more so long as it does not exceed 5k - โโโ True The Colorado's consumer protection act declares bait and switch advertising to be deceptive trade practice. Bait and switch advertising includes which of the following - โโโ all of the above Three of the following types of motor vehicles are exempt from the truth in mileage act. Which one is not exempt? - โโโ motor vehicles with out-of-state titles
The motor vehicle dealer board does not have among its members - โโโ three employees from the enforcement division 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 less than 1,500 pounds - โโโ $1, Three of the following are characteristics of an off-premise permit.. Which one is not? - โโโ The permit cannot exceed six days except for the national western stock show, the colorado state fair, greely stampede Which of the following is a true statement regarding dealers and buyers? - โโโ a dealer shall clearly indicate on the costumer contract when a vehicle sold "as is" and without a guarantee When advertising a specific number of motor vehicles that same number of vehicles must have been invoiced to the dealer - โโโ True Advertising may include any commercial message in any newspaper, magazine, flyer, on radio, television, public address system, computer display or window display, which is delivered or made available to a customer or prospective customer in any manner whatsoever. - โโโ True Dealers must either be self insured or have insurance for their vehicles - โโโ True In transit plates may be used on motor vehicles - โโโ consigned to wholesale auction dealers for transport from point of purchase to point of storage When a salesperson leaves a dealer, that dealer must do all of the following except - โโโ Immediately employ a new salesperson, licensed or not 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 - โโโ Employing a properly licensed salesperson The only items that can be added to an advertised price are - โโโ Dealer handling and preparation charges The license of a motor vehicle salesperson or a powersports salesperson may be denied, revoked, or suspended on any of the following grounds except: - โโโ using point of sale literature in advertising A buyer agent may - โโโ be retained or hired by a consumer to assist, represent, or act on behalf of such consumer in connection with the purchase or lease of a motor vehicle Three of the following are deceptive trade practices. Which of the following is not? - โโโ Delivering goods as promised A new or used motor vehicle dealer may legally do which of the following with a temporary permit? - โโโ Issue a permit for a demonstration drive by a consumer
The only items that can be added to an advertised price are: - โโโ All of the above