Dive into the OMVIC Practice Test and test your knowledge on laws, regulations, and ethical practices in the automotive industry. Perfect for aspiring dealers and salespersons to validate their expertise!

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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According to the text, what is the maximum percentage by which final repair costs can exceed the initial estimate?

  1. 10%

  2. 20%

  3. 30%

  4. 40%

The correct answer is: 10%

The maximum percentage by which final repair costs can exceed the initial estimate is 10%. This information is stated in the text and it is not mentioned that it can go beyond this amount. Therefore, options B, C, and D are incorrect.