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.

What must a lessee-become-buyer know about a leased vehicle's history?

The duration of the lease period only
Any disclosures related to previous use, condition, and history required by the MVDA
Only the lease payments history
The name of the previous lessee for direct inquiry

The correct answer is: Any disclosures related to previous use, condition, and history required by the MVDA

A lessee-become-buyer should know more than just the duration of the lease period. Options A and C are incorrect because they both only provide information about the lease period, not the vehicle's history. Option D may provide some information, but it may not include all disclosures required by the MVDA. Only option B provides a comprehensive understanding of the vehicle's history, including previous use, condition, and any necessary disclosures.