Wisconsin Motor Vehicle Salesperson Manual Practice Test

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Question: 1 / 145

When any new, demonstrator or executive-driven vehicle has corrected damage of more than 6 percent of the MSRP, what must be done?

A record must be kept by the dealer

When a vehicle has corrected damage of over 6 percent of the manufacturer's suggested retail price, it does not need to be returned to the manufacturer or have the sale voided. Instead, the dealership is required to keep a record of this information and present a written damage disclosure statement to the customer before delivering the vehicle. This is to ensure that the customer is aware of any damage to the vehicle before making the purchase. This option is the most efficient and effective way to handle the situation and allows for transparency between the dealership and the customer.

The sale must be voided

The vehicle must be returned to the manufacturer

A written damage disclosure statement must be presented to the purchaser before delivery of the vehicle

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