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.

Is disclosing a vehicle's status as a former daily rental mandatory after it has been owned by a non-dealer?

Yes, always
No, if it was owned by a private individual afterward
Yes, but only if less than a year has passed since its use as a rental
No, but it's encouraged for transparency

The correct answer is: No, if it was owned by a private individual afterward

Disclosing a vehicle's status as a former daily rental is not mandatory if it was owned by a private individual afterward. This is due to the fact that once a vehicle is sold to a non-dealer, the previous owner no longer has a legal obligation to disclose its history. While it is important to be transparent about a vehicle's past usage, it is not mandatory after it has been owned by a private individual. Options A and C are incorrect because they state that disclosure is always mandatory, which is not true in this scenario. Option D is partially correct in that it is encouraged, but it is not mandatory.