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State of Colorado Sales License Test Questions and Answers

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State of Colorado Sales License Test Questions and Answers Three of the following types of motor vehicles are exempt from the truth in mileage act. - ANSWER- ~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not self propelled (Trailers) The def...

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  • November 3, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
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KaylinHoffman
Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024




State of Colorado Sales License Test

Questions and Answers


Three of the following types of motor vehicles are exempt from the truth in mileage act. - ANSWER✔✔-

~Vehicles 10 years old or older~Vehicles having a gross empty weight more than 10,000 lbs~Vehicles not

self propelled (Trailers)


The definition of a used motor vehicle dealer or used 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


The Motor Vehicle Board is authorized and empowered to: - ANSWER✔✔-All Of The Above


~Amend and repeal rules, regulations and previsions


When advertising a specific number of motor vehicles, that same number of vehicles must be invoiced to

the dealer - ANSWER✔✔-TRUE


bait and switch is - ANSWER✔✔-ad that attracts consumers with a low-priced product, then tries to sell

them a higher-priced product


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 - ANSWER✔✔-TRUE


By obtaining an off-premise permit, dealers may sell motor vehicles at another location on Sunday -

ANSWER✔✔-FALSE - NO Sale of vehicle should be done on Sundays

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, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024


Which of the following statements is true regarding dealer demo plates? - ANSWER✔✔-a demo drive

cannot exceed 7 days


Colorado Lemon Law includes: - ANSWER✔✔-defects that substantially impair the market value of the

vehicle


Motor vehicle insurance is required: - ANSWER✔✔-for all registered vehicles intended for use on

colorado roads


Which is true regarding in-transit plates? - 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


Licensed dealers may sell which of the following on Sundays? - ANSWER✔✔-The selling of boat trailers

and snowmobile are exempt


Which of the following steps are required to properly and legally repossess a motor vehicle? -

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


An advertisement may include - ANSWER✔✔-licensed name with the word DEALER


which of the following is a used vehicle? - ANSWER✔✔-any vehicle that has been previously bought a

demo vehicle with 1500 miles


Which of the following are deceptive trade practices? - ANSWER✔✔-All of the above


Bait and switch


How many temp permits may a dealer issue for each roadworthy vehicle sold? - ANSWER✔✔-1


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