Wisconsin Motor Vehicle Salesperson Manual Practice Test

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the Wisconsin Motor Vehicle Salesperson Exam. Prepare yourself with multiple-choice questions focusing on the essential knowledge required for vehicle sales in Wisconsin. Get ready to ace your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What must be completed in order to adjust the price of an order-out new vehicle?

The sales contract
The price protection section on the purchase contract
A new loan application
A dealer's price change form

The correct answer is: The price protection section on the purchase contract

Adjusting the price of an order-out new vehicle requires completing the price protection section on the purchase contract. This is because the purchase contract outlines the agreed upon price for the vehicle and the price protection section allows for any adjustments to be made before the sale is finalized. Option A, the sales contract, is not specifically designed for price adjustments and could cause confusion. Option C, a new loan application, is unrelated to the price of the vehicle. Option D, a dealer's price change form, may be used for internal record keeping, but it is not the appropriate form for adjusting the price of an order-out new vehicle.