The advertised price of a motor vehicle must include which of the following?

Prepare for the Colorado Sales License Test. Study with flashcards and multiple choice questions, featuring hints and explanations. Ace your exam!

The correct answer is that the advertised price of a motor vehicle must include dealer handling and preparation charges. This requirement ensures transparency for consumers, as it provides a more accurate total of what they will need to pay out of pocket when purchasing a vehicle. Dealer handling and preparation charges encompass costs associated with getting the vehicle ready for sale, including cleaning, inspecting, and preparing the documentation.

By including these charges in the advertised price, potential buyers receive a clearer picture of the total cost upfront, reducing the chances of any surprises later in the buying process. Other considerations such as dealer's profit margin, sales tax, and financing fees typically do not need to be included in the advertised price. Profit margins can vary widely and are not a standardized part of the sales price, while sales tax and financing fees differ based on the buyer's location and choices, thereby making them more variable and less conducive to consistent advertisement practices.

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