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 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.