OMVIC Practice Test

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Question: 1 / 400

Which dealer class buys, sells, or trades in both new and used vehicles?

a. Broker

b. General Dealer (used subclass)

c. General Dealer (new and used subclass)

The correct term for a dealer class that buys, sells, or trades in both new and used vehicles is a "General Dealer (new and used subclass)." A broker typically acts as an intermediary between buyers and sellers, but does not typically buy or sell vehicles themselves. A "General Dealer (used subclass)" may only specialize in selling used vehicles, making option B incorrect. A wholesaler typically sells goods in large quantities to retailers, making option D incorrect. Therefore, option C is the best and most accurate answer.

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d. Wholesaler

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