Practice Test Geeks(FLHSMV) Florida Highway Safety and Motor Vehicles Practice Test
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Motor Vehicle Dealer Regulations Flashcards

7 cards from real FLHSMV practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Motor Vehicle Dealer Regulations flashcards as text

  1. Under Florida dealer regulations, a 'salvage vehicle' must be disclosed because:

    Answer: Buyers have a right to know about significant damage history affecting value and safety

    Florida law requires disclosure of salvage history because it materially affects the vehicle's value and safety, protecting buyers from fraud.

  2. When a Florida dealer accepts a trade-in, they are required to:

    Answer: Obtain a properly assigned title from the customer

    Dealers must obtain a properly assigned title from the trade-in vehicle's owner to legally process the transaction.

  3. A Florida motor vehicle dealer who advertises a vehicle at a specific price must:

    Answer: Sell the vehicle at that price or disclose in the ad that it is subject to change

    Florida's dealer advertising rules prohibit deceptive pricing and require dealers to honor advertised prices or clearly disclose limitations.

  4. Which of the following persons is exempt from Florida's motor vehicle dealer licensing requirement?

    Answer: A licensed auctioneer selling vehicles on behalf of a licensed dealer

    Licensed auctioneers acting as agents for licensed dealers are generally exempt because the dealer holds the license.

  5. What does a 'dealer reassignment' on a vehicle title allow?

    Answer: A dealer to transfer a vehicle to another dealer without re-titling in their own name

    A dealer reassignment allows title to pass directly from one dealer to another, streamlining wholesale transactions without re-titling.

  6. Florida law requires motor vehicle dealers to have a sign at their place of business that includes:

    Answer: The dealer's name and license number visible to the public

    Florida dealers must post a sign displaying the dealer's name and license number so it is visible to the public at the licensed location.

  7. A Florida dealer receives a deposit on a vehicle but the sale falls through due to financing denial. The dealer must:

    Answer: Refund the deposit to the buyer within 10 days of financing denial

    If a sale falls through due to financing denial, Florida dealers are required to return the buyer's deposit within 10 days.