OMVIC Practice Test

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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!

Practice this question and more.

Dealers are required to disclose damage repairs exceeding what amount?

2000
3000
5000
10,000

The correct answer is: 3000

Dealers are required to disclose damage repairs exceeding $3000. This is because there are different regulations and laws depending on the cost of repairs. Option A is too low and would not accurately reflect the potential damage to the vehicle. Option C is a common misconception but according to most regulations, dealers only need to disclose repairs exceeding $3000. Anything below that amount is not considered major damage. Option D is too high and would require dealers to disclose all repairs, regardless of their significance.