Wisconsin Motor Vehicle Salesperson Manual Practice Test

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Prepare for the Wisconsin Motor Vehicle Salesperson Test with our comprehensive quiz. Test your knowledge with a variety of questions designed to enhance your understanding and boost your confidence for the exam.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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When can the dealer cancel the prelease agreement?

If the customer's credit is not approved by the sales finance company loaning money for the lease
If the customer changes their mind
If the vehicle is available earlier than expected
If the customer requests additional features

The correct answer is: If the customer's credit is not approved by the sales finance company loaning money for the lease

Car dealerships typically have a prelease agreement with a sales finance company that allows customers to lease a vehicle. This agreement is contingent upon the customer's credit being approved by the sales finance company. Therefore, if the customer's credit is not approved, the dealership is no longer able to offer the prelease agreement and may need to cancel it. This option is the only one that directly relates to the agreement being nullified due to circumstances outside of the customer's control. Options B, C, and D would not cause the prelease agreement to be cancelled by the dealer.