State of Colorado Sales License Test 100% Pass
Question : Three of the following types of motor vehicles are
exempt from the truth in mileage act.
CORRECT ANSWER : Vehicles 10 years old or
olderVehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers)
Question : The definition of a used motor vehicle dealer or
used dealer includes which of the following?
CORRECT 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
Question : The Motor Vehicle Board is authorized and
empowered to:
CORRECT ANSWER : All Of The Above~Amend and
repeal rules, regulations and previsions
Question : When advertising a specific number of motor
vehicles, that same number of vehicles must be invoiced to the dealer
CORRECT ANSWER : TRUE
Question : bait and switch is
CORRECT ANSWER : ad that attracts consumers with a
low-priced product, then tries to sell them a higher-priced product
Question : Selling, Leasing, Trade-In, with option to
purchase, offering or negotiating and exchange of interest in 3+ vehicles in any 1 year is prima facie evidence that a person is engaged in the business of selling or leasing motor vehicles
CORRECT ANSWER : TRUE
Question : By obtaining an off-premise permit, dealers may
sell motor vehicles at another location on Sunday
CORRECT ANSWER : FALSE - NO Sale of vehicle should
be done on Sundays
Question : Which of the following statements is true
regarding dealer demo plates?
CORRECT ANSWER : a demo drive cannot exceed 7 days
Question : Colorado Lemon Law includes:
CORRECT ANSWER : defects that substantially impair the
market value of the vehicle
Question : Motor vehicle insurance is required:
CORRECT ANSWER : for all registered vehicles intended
for use on colorado roads
Question : Which is true regarding in-transit plates?
CORRECT ANSWER : in-transit plates may be used to
transport vehicles from point of purchase to point of storage or from point of storage to point of sale
Question : Licensed dealers may sell which of the following
on Sundays?
CORRECT ANSWER : The selling of boat trailers and
snowmobile are exempt
Question : Which of the following steps are required to
properly and legally repossess a motor vehicle?
CORRECT ANSWER: effect a lien creating a security
interest, Allow the required payment to default (become at least 10 days late), send or hand deliver a "right to cure" letter to the debtor and allow the debtor 20 days to cure
Question : An advertisement may include
CORRECT ANSWER : licensed name with the word
DEALER
Question : which of the following is a used vehicle?
CORRECT ANSWER : any vehicle that has been previously
bought a demo vehicle with 1500 miles
Question : Which of the following are deceptive trade
practices?