Wisconsin Motor Vehicle Salesperson Manual Practice Test

Disable ads (and more) with a premium pass for a one time $4.99 payment

Question: 1 / 145

Which phrases are prohibited when advertising a vehicle price?

"below market price"

"name your own price"

The phrase "name your own price" is prohibited when advertising a vehicle price because it suggests that the seller is willing to negotiate the vehicle's price without any guidelines or limitations. This can be misleading for consumers and can lead to confusion regarding the actual market value of the vehicle. It implies an ambiguity concerning the pricing structure, which regulatory agencies seek to avoid to ensure transparency and fairness in vehicle sales practices.

In contrast, phrases like "below market price," "special offer," and "best in the city" may provide a comparison or suggest promotional pricing, but they follow certain advertising rules that are designed to protect consumer interests. These phrases can lead to ambiguous definitions of what is considered "best" or "below market," but they do not imply the same level of customer-driven pricing as the approved phrase does. Therefore, understanding the principles behind vehicle pricing and advertising helps ensure compliance with regulations while also guiding consumers in making informed decisions.

Get further explanation with Examzify DeepDiveBeta

"special offer"

"best in the city"

Next

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy