Buyer's Guide

Question 1

When a dealer offers for sale, a used vehicle that is still under the manufacturers
warranty and no other warranty is included in the purchase price, the “Warranty” box on the Federal Buyer’s guide window sticker may be checked. (T/F)

Answer 1

 True.

Question 2

If a dealer offers vehicles for sale in Spanish and intends to conduct sales in Spanish:

Answer 2

 The dealer must display both the English and Spanish versions of the ‘‘Buyer’s
Guide’’ on their used vehicles.
 The ‘‘Buyer’s Guide’’ window label and contractual disclosure statement on the
Buyer’s order must be in Spanish.

Question 3

A Buyer’s guide must be posted on motorcycles, vehicles destined for scrap and
agricultural equipment. (T/F)

Answer 3

 False.

Question 4

The shorthand phrase “Drive Train or Power Train” is a sufficient description of systems covered under the warranty without further explanation on the Buyer’s Guide? (T/F)

Answer 4

 False.

Question 5

When an in-house warranty is given:

Answer 5

 A separate document (Other than the Buyer’s Guide.); containing all federally
required language must be given to the customer

Question 6

When offering a vehicle at a public auction, a Buyer’s guide:

Answer 6

 Must be displayed on the vehicle

 Must be signed by the purchaser

Question 7

The reverse of the Buyer’s guide must be signed

Answer 7

 In every retail sale of a used vehicle

Question 8

A paragraph incorporating the terms of the Federal Trade Commission Buyer’s guide must be included on the

Answer 8

 Buyer’s order.

Question 9

When a dealer offers for sale, a used vehicle that is covered by a third party service agreement that is included in the purchase price (Manufacturer’s warranty no longer in effect) the full “Warranty” box on the Federal Buyers Guide window sticker should be checked. (T/F)

Answer 9

 False

Question 10

Which of the following must be included on the Buyer’s Guide?

Answer 10

 Purchaser’s signature

Question 11

For dealer arranged financing (spot delivery), if the retail installment contract is not
approved and the deal is cancelled you must:

Answer 11

 Return the customer’s trade-in.