Colorado Car Sales Practice Test

Question: 1 / 400

When is it required to provide a buyer's guide to a customer?

Before negotiation begins

At the time of sale for used vehicles

Providing a buyer's guide at the time of sale for used vehicles is a requirement because it serves to inform potential buyers about the condition of the vehicle and any warranties associated with it. The buyer's guide is a crucial document that outlines the key features of a used vehicle, such as whether it is being sold "as is" or with a warranty, and highlights the specifics of what coverage is included, if applicable. This transparency helps the buyer make an informed decision and ensures that the seller is complying with federal regulations regarding the sale of used cars.

Delivering the buyer's guide earlier in the process, such as before negotiations begin, is not sufficient, as the buyer may need this information during the final stages of the purchase decision. Similarly, providing it only upon request does not fulfill the obligation to ensure that all buyers receive this essential information proactively. Offering a buyer's guide after the sale's completion would negate its purpose, which is to assist the buyer in understanding their rights and the vehicle’s status before committing to the purchase.

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Only if requested by the buyer

After the sale is completed

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