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.

When a customer buys a vehicle from a registered dealer, they have a cooling-off period of:

24 hours
48 hours
10 days
There is no cooling-off period

The correct answer is: There is no cooling-off period

Buying a vehicle can be a big decision, so it's important for customers to have the opportunity to change their mind if needed. However, in this scenario, there is no cooling-off period which means customers cannot change their mind and get their money back after purchasing a vehicle from a registered dealer. Options A, B, and C offer different time frames for a cooling-off period, but since the correct answer is D, these options are incorrect.