Wisconsin Motor Vehicle Salesperson Manual Practice Test

Question: 1 / 400

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

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.

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A new loan application

A dealer's price change form

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