DMV Salesperson Practice Exam

DMV Salesperson Practice Exam

What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? - ✔✔A $1,000 civil penalty

The customer may return the vehicle

Vehicles can be sold in Virginia "As Is" if: - ✔✔A Buyers Guide is completely filled out, signed, and dated by the buyer.

The dealer provides the buyer, prior to the sale, a separate written disclosure as to the effect of an "As Is" sale.

A disclosure is printed on the front of the buyers order.

A vehicle must be inspected: - ✔✔Between the time it comes into a dealer's inventory and the time it is sold at retail.

If a vehicle does not pass inspection: - ✔✔The dealer may bring it into compliance.

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

A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailers and motor

homes if they have the proper: - ✔✔License issued by DMV.

A second set of temporary tags may be issued to a customer if: - ✔✔The title is not available at the end of the first 30-day period.

The vehicle is to be titled and registered out of state.

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

All required fees are submitted to the Department of Motor Vehicles.

When issuing temporary license plates, the dealer: - ✔✔May not charge the customer more than the fee charged the dealer for the plates.

Temporary transport plates may be issued for no more than: - ✔✔5 days.

Temporary transport plates may be used to: - ✔✔Transport vehicles from auctions or other points of purchase or sale.

A salesperson's "certificate of qualification": - ✔✔Must be obtained before applying for a salesperson's license.

Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons include: - ✔✔A civil penalty of not more than $1,000 per violation.

Suspension of the license.

Revocation of the license.

A new motor vehicle is defined as one which: - ✔✔Has not been previously titled.

Has less than 7,500 miles on the odometer.

Any person who is licensed in another state of the United States as a motor vehicle dealer may sell vehicles at wholesale auctions in Virginia only after obtaining a: - ✔✔Certificate of registration.

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