DMV Salesperson Practice Exam: Quiz!

51 Questions | Total Attempts: 4341

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DMV Salesperson Practice Exam: Quiz!

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Questions and Answers
  • 1. 
    A Buyers Guide must be placed on:
    • A. 

      Demonstrators available for sale.

    • B. 

      Used trucks under 16,00 lbs. GVW.

    • C. 

      Consignment vehicles.

    • D. 

      All of the above.

    • E. 

      Just A & B.

  • 2. 
    A dealer can sell a vehicle "As Is" or without a warranty in Virginia?
    • A. 

      True.

    • B. 

      False.

  • 3. 
    A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailer, and motor homes if they have the proper:
    • A. 

      License issued by MVDB.

    • B. 

      License issued by DMV.

    • C. 

      License issued by Ford.

    • D. 

      B & C.

  • 4. 
    A dealer makes a goodwill substitution for a vehicle previously delivered and titled to a customer. The sales and use tax refund process is:
    • A. 

      Negotiable.

    • B. 

      The tax is not refundable.

    • C. 

      Completed by signing the buyers contract.

  • 5. 
    A dealer may allow the prospective purchaser to use the license plates assigned to the dealer for:
    • A. 

      Up to 3 days, and reissued once for the same amount of time.

    • B. 

      Up to 3 days, and not reissued for the same amount of time.

    • C. 

      Up to 5 days, and reissued once for the same amount of time.

    • D. 

      Up to 5 days, and not reissued for the same amount of time.

  • 6. 
    A salesperson "certificate of qualification":
    • A. 

      Gives you the legal right to sell cars anywhere, anytime.

    • B. 

      Must be obtained before applying for a salespersons license.

    • C. 

      Allows you to buy cars from a Dealer Only wholesale auction.

  • 7. 
    A salesperson may use a dealer plate if he or she:
    • A. 

      Gives the dealer a copy of their driver's license.

    • B. 

      Owns the vehicle.

    • C. 

      Works at least 25 hours each week on a regular basis and is compensated for this work.

    • D. 

      All of the above.

  • 8. 
    A second set of tags may be issued to a customer if:
    • A. 

      The title is not available after the 30 day period, and is to be titled and registered out of state.

    • B. 

      All paperwork is to be submitted to DMV along with an explanation as to why a second set needs to be issued.

    • C. 

      All required fees are submitted to the Department of Motor Vehicles before authorization of temporary tags may be issued.

    • D. 

      All of the above.

  • 9. 
    A vehicle Identification Number is comprised of 17 alpha numeric characters. Which character identifies the model year:
    • A. 

      10th

    • B. 

      5th

  • 10. 
    A vehicle must be inspected:
    • A. 

      Before it comes to the dealer.

    • B. 

      Between the time it comes into a dealers inventory and the time it is sold at retail.

    • C. 

      When it become's the customer's property, after the sale.

    • D. 

      All of the above.

  • 11. 
    After proper forms are completed, dealer plates may be used on a vehicle in a dealers inventory:
    • A. 

      By a prospective purchaser.

    • B. 

      By a customer whose vehicle is in the dealers shop for repairs.

    • C. 

      By an employee.

    • D. 

      All of the above.

    • E. 

      Just A & B.

  • 12. 
    Dealer license plates may be:
    • A. 

      Used if only the user signs an insurance agreement.

    • B. 

      Used on vehicles in the inventory of the dealer.

    • C. 

      May be issued for a five day period and reissued for one additional five day period.

    • D. 

      All of the above.

  • 13. 
    Effective July 2012, a Temporary Supplemental License issued from the MVDB:
    • A. 

      May only be issued for 8 off site sales in a year

    • B. 

      Cannot have consecutive sales in the same jurisdiction.

    • C. 

      If notifications are required, notifications must be sent by Certified Mail.

    • D. 

      All of the above.

  • 14. 
    How many years is a dealership required to maintain proof that a Virginia Safety Inspection was performed prior to sale retail?
    • A. 

      2 years.

    • B. 

      3 years.

    • C. 

      4 years.

    • D. 

      5 years.

  • 15. 
    If a financing company denies a loan application, it must:
    • A. 

      Charge a fee to the applicant.

    • B. 

      Provide the applicant with a written statement explaining the reason of denial within 30 days.

    • C. 

      Charge a fee to the inquirer.

    • D. 

      All of the above.

  • 16. 
    If a vehicle does not pass inspection:
    • A. 

      The dealer may bring it into compliance.

    • B. 

      The dealer may drive the vehicle with a valid inspection sticker and written disclosure, which may be in the form of an official inspection receipt.

    • C. 

      The dealer cannot rent a vehicle without a rental license issued by the Virginia Department of Taxation.

    • D. 

      All of the above.

    • E. 

      Just A & B.

  • 17. 
    If a vehicle is to titled out of state, temporary tags are issued and the purchase does not have the required liability insurance, the dealer:
    • A. 

      Must collect 1/2 of the uninsured motorist fee and submit to DMV

    • B. 

      Must collect 1/12th of the uninsured motorist fee and submit to DMV

  • 18. 
    In general, a completed buyers order is legally binding when:
    • A. 

      Both parties agree on a price and sign the buyers order.

    • B. 

      When just the dealer signs the buyers order.

  • 19. 
    In order for a dealer to occasionally rent a vehicle without a rental license:
    • A. 

      The dealer must sign a service of use contract.

    • B. 

      The dealer cannot rent a vehicle without a rental license issued by the Virginia Department of Taxation.

    • C. 

      The dealer needs the dealer tags on the vehicle.

  • 20. 
    On the buyers order, the line item, “balance due at settlement” is used:
    • A. 

      With cash transactions

    • B. 

      With finance transactions

    • C. 

      With both, cash and finance, transactions

  • 21. 
    Temporary transport plates may be issued no more than:
    • A. 

      3 days

    • B. 

      4 days

    • C. 

      5 days

    • D. 

      One week

  • 22. 
    Temporary transport plates may be used to:
    • A. 

      Transport vehicles from auction or other points of purchase or sale.

    • B. 

      Use in case of emergency.

    • C. 

      Put on inventory cars while in the dealers lot.

    • D. 

      All of the above.

  • 23. 
    The Buyers Guide is placed on a vehicle:
    • A. 

      After the point of sale is completed.

    • B. 

      During the demonstration.

    • C. 

      Before it is offered for sale.

    • D. 

      None of the above.

  • 24. 
    The customer does not have to receive a copy of the odometer statement?
    • A. 

      True.

    • B. 

      False.

  • 25. 
    The dealer may authorize a person, other than a full-time employee, to transport a vehicle on a dealer plate to and from a point of sale, an auction, and a repair facility or dealer exchange for a period not to exceed:
    • A. 

      For 3 hours

    • B. 

      For 24 hours

    • C. 

      For 3 days

    • D. 

      For thirty days

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