WISCONSIN AUTO SALES LICENSE EXAM
NEWEST 2024-2025 ACTUAL EXAM QUESTIONS
COMPLETE 300 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||
When it is impossible to repair the odometer what must you do?
- ANSWER- Set mileage to zero, place sticker on left door
frame, specify mileage before the repairs and must say "not
actual mileage"
What must a customer have before a test drive? - ANSWER-
Valid Drivers License
When is a contract required? - ANSWER- Offer is accepted,
accept down payment, deposit or trade in.
The Dealer does not accept the customers offer, what happens? -
ANSWER- After 2 hours it is voided, down payment, deposit, or
title for a trade in vehicle must be given back to the customer
immediatley.
,2|Page
When can you write a purchase contract on a used vehicle? -
ANSWER- After inspected and the Wisconsin Buyers Guide is
displayed
What must you do on an "As-Is" vehicle? - ANSWER- Identify
on the purchase contract the dealership is not providing any
warranty
When can you do a "Trade In Reappraisal"? - ANSWER-
Vehicle has been damaged, parts have been removed, and
mileage exceeds the limits on the purchase contract
Can a customer cancel an Off-Premise Sale? - ANSWER- Yes,
they have 3 days to rethink the purchase it is called the cooling
of period. The customer gets 2 copies of this right when
purchasing vehicle
When can you sale to an person under the age of 18? -
ANSWER- Must have a parents or guardians notarized signature
in the "Consent to Purchase" section of the application for Title
and Registration
,3|Page
When can a customer cancel a contract? - ANSWER- Vehicle
has not be delivered within 15 days after the anticipated delivery
date, they can cancel without penalty.
What is the Non-Acceptance Penalty Rate? - ANSWER- Not
more than 5% of the capitalized cost of the vehicle if customer
fails to take delivery.
When do you give a warranty disclosure? - ANSWER- identify
any warranty or service contract with the vehicle on the
purchase contract
If you tell the customer the vehicle they are buying has the
remainder of the manufactures warranty and the manufacture
does not cover it what happens? - ANSWER- The dealership
will be required to honor the warranty
When a customer files a claim prior to the end of there warranty
what happens if the warranty expires and it is not fixed? -
ANSWER- The warranty contuines until the vehicle is fixed by
the warrantor's exspense
A vehicle is salvaged when? - ANSWER- Damage to vehicle
exceeds 70% of its fair market value. Vehicle 6 years old will
not have a salvage title they are exempt
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Why is there a manufacturers buy back? - ANSWER- Due to
lemon law
What has to be disclosed about a vehicle to a customer if the
vehicle was used for? - ANSWER- Police Vehicle or Public
Transportation ie. taxi
What kind of vehicles are exempt from the odometer disclosure?
- ANSWER- Mopeds, vehicles 10 years old or older, vehicles
with a gross weight rating of 16,000 lbs.
When can you not use dealers plates on vehicles? - ANSWER-
Rental vehicles, vehicles not for sale not displaying a buyers
guide.
What must buy here pay here dealers offer? - ANSWER- 30 day
or 1,000 mile warranty and put fair market value notices on their
vehicles.
Maximum a dealer can charge for a SMOG test? - ANSWER-
$50
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