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!

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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.