Wisconsin Auto Sales License Exam with Verified Solutions
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Course
Wisconsin Auto Sales License
Institution
Wisconsin Auto Sales License
Wisconsin Auto Sales License Exam with Verified Solutions
1. What aren't you al-
lowed to do while ad-
vertising
2. What terms cannot
be used when dis-
cussing trade in al-
lowance?
3. what wording can
you NOT use in ad-
vertisements unless
the dealership is go-
ing out of business
4. ...
Wisconsin Auto Sales License Exam with Verified Solutions
1. What aren't you al- use deceptive or misleading advertising to induce
lowed to do while ad- price
vertising
2. What terms cannot - We will pay up to
be used when dis- - appraise your own vehicle
cussing trade in al- - as much as
lowance?
3. what wording can - close out
you NOT use in ad- - last of remaining
vertisements unless
the dealership is go-
ing out of business
4. Do you always have yes
to disclose when
a vehicle has been
flood damaged
5. MSRP a label on the window of a car that has information
on standard equipment, base price, transport method,
assembly point, receiving dealer
6. Are MSRPs required no
for trucks?
7. Dealer Supplemental a label that lists optional equipment or accessories
Price Label installed by the dealership
8. Wisconsin Buyers the results of a safety inspection
Guide
9. when is the Wiscon- - trucks over 16,000 pounds
sin Buyers Guide not - demo vehicles
required - unrepaired salvage
- leased vehicles that are bought after the leasing
period is up
10.
1/8
, Wisconsin Auto Sales License Exam with Verified Solutions
what must you in- model year, whether or not it's used or new, or
clude about the mod- "one-owner" when applicable
el year
11. what must be en- that there is enough available or that it can be deliv-
sured to list a vehicle ered within a reasonable time
as available
12. Do you need to in- yes
clude the dealership
name in advertise-
ments?
13. If a product is included with
only free with
purchase necessary
what wording would
you use instead of
"free"
14. Title Brand info on the title containing terms such as
- buyback, modified, former police vehicle etc.
15. How long does a 7 days after delivery
dealership have to
deliver the applica-
tion for a title/regis-
tration on a bought
vehicle?
16. MVII a WI title and license plate application for transferring
ownership
17. when can dealer - on rental vehicles
plates NOT be used - on vehicles that are not for sale
18. Which COPIED doc- purchase contracts, applications for titles and regis-
uments need to be tration, odometer statements, cosigning agreements,
kept by the dealer- factory invoices, power of attorney forms, titles
2/8
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