Wisconsin Motor Vehicle Salesperson Manual Practice Test

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

Prepare for your Wisconsin Motor Vehicle Salesperson Exam with an engaging quiz format featuring multiple choice questions and detailed explanations. Stay ahead of the competition and ensure your success on test day!

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 is a prelease agreement?

An agreement to enter into a consumer lease of a motor vehicle that will be available and ready to be delivered to a customer at a later time
An agreement to purchase a vehicle for cash
An agreement to buy a vehicle without inspecting it
An agreement that provides lease options for future cars

The correct answer is: An agreement to enter into a consumer lease of a motor vehicle that will be available and ready to be delivered to a customer at a later time

A prelease agreement is an agreement between a customer and a dealership to enter into a consumer lease for a motor vehicle that will be available and ready to be delivered at a later time. Option B is incorrect because it mentions purchasing a vehicle for cash, which is not a lease agreement. Option C is incorrect because it mentions buying a vehicle without inspecting it, which is not a prelease agreement. Option D is incorrect because it mentions future cars, but a prelease agreement is specifically for a single vehicle that will be available in the near future.