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WISCONSIN AUTO SALESPERSON LICENSE EXAM QUESTIONS WITH CORRECT ANSWERS
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WISCONSIN AUTO SALESPERSON LICENSE EXAM QUESTIONS WITH CORRECT ANSWERS
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WISCONSIN AUTO SALESPERSONLICENSE EXAM QUESTIONS WITH
CORRECT ANSWERS
Who needs a motor vehicle salesperson license? - answer-anyone who wants to
sell/lease vehicles in wisconsin
What are the requirements for a salesperson license? - answer-- 18 + years old
- agree to follow the "good faith" salesperson standards
- familiar to sales contract laws
How do you renew your license? - answer-your employer renews the license and pays
the fee. There is no written text for renewals
How do you get a duplicate salesperson license? - answer-employer completes the
application for your lost/destroyed licenses
What happens when you change dealerships? - answer-during your licensed period you
give your license o the former employer and complete a new application at the new
place of employment
What do you do when you terminate emplyment? - answer-when you terminate
employment you give your license to your employer before leaving
What is a lapsed license? - answer-when your wi license expired more than 5 years
ago. You will need to retake the written test. Fee and application is the same as first
time applicants
What happens if there's a criminal conviction? - answer-under most circumstances you
may be licensed even if you are convicted of a crime. The dealer/agent will investigate
before approving or denying your license.
What do you do if you were denied? - answer-if your application on a motor vehicle
salesperson license is declined you may appeal to the division of hearing and appeals.
If your application is denied you'll receive a denial letter which contains reasons why
and instructions on how to get an appeal
What is a dealership group? - answer-a dealership group is 2 or more dealerships with
the same majority owner.
What arent you allowed to do when advertising? - answer-using false, deceptive or
misleading advertising or representations to induce the purchaser of a motor vehicle is
an unfair proactive and is prohibited
, What must you advertise for vehicle prices? - answer-ad price must include all charges
except the sales, title and registration fee. Post advertised prices on the vehicle. Do not
use phrases like "write your own deal" or "name your own price" because they mislead
customers
What is the new vehicle discount? - answer-you may only advertise new vehicles using
terms such as "invoice" or "cost" when you disclose what the actual dealer cost is or
may be less than due to factory hold back, rebates, incentives or other discounts
"free" merchandise - answer-do not use the word "free" in advertising if the customer
needs to purchase something to receive the "free" merchandise
Trade-in allowance - answer-you are not allowed to use phrases such as "we will pay
you up to" "appraise your own vehicle" or "as much as" when advertising an allowance
for trade in
What do you need on your advertisements? - answer-when advertising vehicles, include
the dealer name
Availability of vehicles - answer-if you say a certain type of vehicle is available. Be sure
to have enough to meet demand, if they aren't on hand you need to know they'll be
delivered within a reasonable time
Damaged vehicles - answer-if 2 or more vehicles are damaged by the same cause
include damage in all ads. Tell customers about the damage (such as flood or hail
damage)
Model years - answer-when advertising include model years, also display "used" "low
mileage" and "one- owner" as it applies
"clearance" merchandise - answer-when advertising don't use "last of the remaining"
"close out" or "clearance" unless the dealership is going out of buisness
Lease vehicles - answer-clearly identify if a vehicle is for sale or for lease on all
advertisements.
Manufacturers suggested retail price (msrp) - answer-this federally required label must
remain in the window as a new vehicle until it is delivered to its retail purchaser. This
label contains information about standard equipment, options, base price, transport,
final assembly point and receiving dealer. Label not required for trucks
Dealer supplemental price label - answer-this label lists optional equipment or
accessories installed by the dealer,final price and any price changes.label must remain
in window until delivered to customer
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