Wisconsin Car Sales Practice Test

These questions are part of the practice quiz. Start practicing

• What is the Non-Acceptance Penalty Rate?
• What is the difference between dealer financing and third-party financing in Wisconsin?
• What can happen if a Wisconsin dealer fails to comply with consumer protection laws?
• How are vehicle titles transferred when there is a remaining loan on the vehicle in Wisconsin?
• What happens if the vehicle is not delivered within 15 days after anticipated delivery date?
• How should Wisconsin dealers handle known defects in a used vehicle?
• Why is there a manufacturers buy back?
• If you claim vehicles are available and on hand, what must you be able to do?
• How long if out of car sales do you need to retake the test?
• Which of the following constitutes deceptive bait advertising that must be avoided?
• Within 30 days of purchase, which two items must be submitted to the DMV?
• Which statement best describes the nature of an implied warranty in Wisconsin?
• What is the purpose of a Wisconsin bill of sale?
• Which document commonly accompanies a title transfer to prove the sale price and terms?
• The Wisconsin Buyers Guide includes which of the following?
• Which phrase is not allowed to use when presenting a trade-in allowance?
• What must buy here pay here dealers offer?
• Which statement is true about the odometer requirement when selling a vehicle with a nonworking odometer?
• What information does a vehicle history report provide?
• When handling a trade-in in Wisconsin, what must be reconciled?
• What must be displayed before writing a purchase contract on a used vehicle?
• When can you use the phrase 'free merchandise' in advertising a vehicle?
• What is not required to transfer a vehicle?
• When a vehicle has a branded title (salvage or rebuilt), what must the dealer do?
• Which of these is a true requirement for the MSRP label?
• What is the recommended practice for test drives in Wisconsin?
• Which statement about disclosures when a sale changes are required?
• Are there restrictions on dealer advertising of used vehicles in Wisconsin?
• What is the difference between an express warranty and an implied warranty in Wisconsin?
• Who is responsible for renewing your license?
• Why is it important to verify the Vehicle Identification Number (VIN) during a sale?
• When can you sale to an person under the age of 18?
• Which timeframe requires retaking the license exam after being out of car sales?
• How should the total cost of a vehicle be presented in Wisconsin ads?
• What is a required safety equipment item?
• Who must place deposits in a separate trust account?
• Before selling a vehicle, if a recall is identified, what is the appropriate dealership action?
• What documents should accompany a vehicle sold to an out-of-state buyer?
• What are the potential consequences if a dealer misrepresents a vehicle's fuel efficiency in Wisconsin advertising?
• What can you not do when advertising?
• The vehicle price must include all charges except?
• What needs to be displayed when advertising a vehicle?
• What is the key purpose of Wisconsin's motor vehicle dealer regulations?
• Which of the following describes a violating advertising practice regarding financing terms?
• Which statement correctly describes truth-in-lending disclosures in Wisconsin financing?
• When can you use phrases like 'last remaining', 'close out', or 'clearance'?
• When should you offer an uninspected vehicle for sale?
• What is a 'notice of transfer' in Wisconsin titles?
• Vehicle history is 'material' if any of the following are true?
• How can a customer protect themselves when buying a vehicle from a Wisconsin dealer?
• Which is the best practice for documenting a cancellation or changes to a sale in Wisconsin?
• Time frame to void when dealer does not accept offer?
• What happens when the dealer does not accept the customer's offer?
• What can be on a dealer supplemental price label?
• What must a dealer disclose about a vehicle's past damage history?
• If you tell the customer that the vehicle has the remainder of the manufacturer's warranty and the manufacturer does not cover it, what must the dealership do?
• When advertising a vehicle, which item must you disclose about the vehicle?
• If a customer asks for it, what must you provide?
• When can a customer cancel a contract?
• What is the primary purpose of a motor vehicle dealer license in Wisconsin?
• When can a dealer disclose a vehicle's lien status?
• Dealer buys a vehicle with the odometer not working what must they do?
• When can you do a "Trade In Reappraisal"?
• What has to be disclosed about a vehicle to a customer if the vehicle was used for?
• Which statement about temporary plates is correct?
• Which statement best describes the requirement for truthful advertising by Wisconsin dealers?
• What should a dealer do with recall information when presenting a vehicle to a buyer?
• When asked by a customer, which information related to the seller must you disclose?
• Can a customer cancel an Off-Premise Sale?
• Which statement about documenting cancellations or changes to a sale is correct?
• Which governs whether a salesperson may work at a different dealership?
• What is the importance of accuracy in odometer readings in Wisconsin transactions?
• How should a dealer handle a vehicle with a branded title (salvage or rebuilt) in Wisconsin?
• Regarding salvage titles for six-year-old vehicles, which statement is true?
• What does 'as is' sale mean for a used vehicle in Wisconsin?
• What is the significance of a VIN check before offering a vehicle for sale?
• Which action would be considered a violating advertising practice regarding financing terms?
• What is a 'bond' in the context of Wisconsin auto dealers?
• What must a customer have before a test drive?
• When can you write a purchase contract on a used vehicle?
• A damage disclosure statement should be given when?
• Which step should a buyer take to verify a Wisconsin dealer's disclosures and terms?
• What does the National Title Information System require to be placed on branded-title vehicles?
• What must you do if terminated?
• What must be visible on branded titles to warn buyers?
• What should a dealer do if a recall notice is issued for a vehicle before selling it?
• What action helps prevent title fraud when selling a vehicle?
• When a customer asks for financing disclosures, what should a dealer provide?
• If the odometer cannot be repaired, which statement is required on the odometer label?
• What color is the warning decal used for branded titles?
• The dealer does not accept the customers offer, what happens?
• What must you do on an "As-Is" vehicle?
• How should trade-ins be handled in Wisconsin transactions?
• What must you do with your license when you switch employers?
• How should a dealer respond to a consumer complaint about a vehicle sale?
• Maximum a dealer can charge for a SMOG test?
• How should a Wisconsin vehicle sale contract be structured?
• What is a bond in Wisconsin auto dealership licensing?
• What should a dealer do if a customer requests a copy of the odometer disclosure?
• What can you do if your license is denied?
• Which is the correct description of the deposit rule for auto brokers?
• What are common unlawful tactics in auto advertising Wisconsin dealers must avoid?
• What is a dealer's responsibility regarding recalls in Wisconsin?
• When is odometer disclosure required in Wisconsin vehicle transactions?
• Which of the following is the best practice for handling a customer who is financing a vehicle?
• After a vehicle is sold, within how many hours should it be removed from advertising?
• In a vehicle sale, which fee paid to the seller or dealer is considered taxable?
• In Wisconsin, within how many days must a dealer submit a registration application and fees to the DMV?
• What is required when selling a vehicle to a customer from out of state?
• If a buyer defaults on a conditional sales contract, which actions may the dealer take?
• Disclose proper vehicle information; concealing facts or failing to provide required information is?
• Which statement about the Wisconsin Buyers Guide is true?
• What kind of advertising misrepresentations are prohibited by Wisconsin law?
• Dealerships are required to test drive vehicle, inspect inside and outside of the vehicle, and under the hood. What do they not have to do?
• What is the consequence of withholding required vehicle information?
• What is the proper way to address license denial?
• When a customer files a claim before the warranty ends and the warranty expires before the repair is completed, what happens?
• Which statement about the Wisconsin Buyers Guide is true?
• Which document is commonly required to disclose mileage when selling a used vehicle?
• When advertising a vehicle what must you state about the vehicle?
• When selling a consigned vehicle, within how many days must the dealer provide accounting and payment to the seller?
• Which of the following is true about deposits in auto broker transactions?
• Who must sign the vehicle Certificate of Ownership?
• How do Wisconsin dealers handle 'doc fees' or documentary service fees?
• You may only advertise new vehicles using terms such as 'invoice' or 'cost' only when?
• What phrases can you not use when pricing vehicles?
• Which statement about Wisconsin dealer licensing is true?
• What is the required action for verifying a buyer's identity during a vehicle sale?
• Changing car sales employers you must?
• To which agency should the dealer submit the registration application and fees?
• When is a contract required?
• Which combination of items is excluded from the 6% damage calculation?
• When should you show the prior owner's odometer statement?
• Is it ever legal for a Dealer to roll back mileage if stated?
• What is the basic DMV fee to transfer the title into the buyer's name?
• What records should be kept for each sale by a Wisconsin dealer?
• When can you not use dealer plates on vehicles?
• Which statement accurately describes deposits and trust accounts for auto brokers?
• When asked by a customer, what must you disclose?
• Auto brokers must limit deposits to what percentage of the purchase price and place all deposits where?
• What is required in an 'as is' sale besides the 'as is' statement?
• Damage disclosure threshold: Damage of more than 6% of MSRP triggers disclosure.
• What is the purpose of a vehicle history report in Wisconsin sales?
• If a dealer claims vehicles are available, what must be true?
• When is a Pre-delivery inspection sheet required by the manufacturer on new vehicles?
• Which of the following describes Buy Here Pay Here warranty durations?
• In a vehicle sale, which items are taxable?
• Which remedies are available to the dealer when a buyer defaults?
• What is the purpose of obtaining signatures from both parties on the sale contract?
• Which option correctly states where auto broker deposits must be held?
• When a Dealer sells a vehicle that was consigned to them, they must?
• Cooling-off period copies for Off-Premise Sale?
• Salespeople may work at another dealership only if?
• If a vehicle has been sold how long before it should be taken down from advertising?
• When do you give a warranty disclosure?
• Which elements are typically included in a Wisconsin vehicle sale contract?
• Which statement is typically included on a dealer supplemental price label?
• How long must the MSRP label remain in the vehicle?
• What kind of vehicles are exempt from the odometer disclosure?
• What is required as part of obtaining or renewing a Wisconsin auto dealer license?
• Which disclosures are required in Wisconsin for a used-car sale?
• In Wisconsin, within how many days must a dealer submit a registration application and fees to the DMV?
• Which statement about odometer disclosure exemptions is true?
• Should you disclose any unperformed manufacturer recalls?
• What is the role of the Wisconsin Department of Transportation in dealer licensing?
• What is not taxable in a vehicle sales transaction?
• What is the recommended practice for dealer staff training in Wisconsin?
• Which of the following is exempt from odometer disclosure?
• A vehicle is salvaged when?
• How does Wisconsin law define unfair or deceptive acts or practices in auto sales?
• If flood damage history is known, what should be disclosed?
• Which documents are typically required to transfer title when selling a vehicle in Wisconsin?
• What steps should a dealer take when a vehicle has outstanding safety recalls?
• How are taxes and fees typically handled in Wisconsin vehicle transactions?
• What documentation should accompany a used vehicle sold 'as is'?
• Which designation indicates the vehicle was not inspected for sale?
• What is required to register a newly purchased vehicle in Wisconsin?
• When it is impossible to repair the odometer what must you do?
• During a termination, who holds the authority to manage the salesperson's license?