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STATE OF COLORADO SA LES LICENSE
TEST QUESTIONS WITH CORRECT
ANSWERS(RATED A)
Question : The definition of a used motor vehicle dealer
or used dealer includes which of the following?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
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:
All Of The Above ~Amend and repeal rules, regulations and previsions
Correct answer: All Of The Above
~Amend and repeal rules, regulations and previsions
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Question : Which of the following statements is true
regarding dealer demo plates?a demo drive cannot exceed 7 days
Correct answer: a demo drive cannot exceed 7 days
Question : Which is true regarding in-transit plates?
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
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?The selling of boat trailers and snowmobile are exempt
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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?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
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 : which of the following is a used vehicle?
any vehicle that has been previously bought a demo vehicle with 1500 miles
Correct answer: any vehicle that has been previously
bought a demo vehicle with 1500 miles
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Question : Which of the following are deceptive trade
practices?All of the above Bait and switch
Correct answer: All of the above
Bait and switch
Question : How many temp permits may a dealer issue for
each roadworthy vehicle sold?1 An extension can only be issued but the DMV
Correct answer: 1
An extension can only be issued but the DMV
Question : Depot plates may be used during normal
business hours to transport a motor vehicle