Colorado Car Sales Practice Test

What must an applicant submit along with their license application?

1. An advertisement example

2. A remittance for the license fee

3. A report of their sales history

4. A recommendation from a current dealer

The correct answer is: A remittance for the license fee

When applying for a license in the context of car sales, it is essential for the applicant to submit a remittance for the license fee. This fee is a standard requirement that helps cover administrative costs associated with processing the application and maintaining regulatory oversight within the industry. Paying the fee also indicates the applicant's serious intent to comply with the licensing laws and regulations governing car sales in Colorado. Other components, such as providing advertising examples, sales history reports, or recommendations from current dealers, may enhance an application or be beneficial in advance of starting a dealership. However, these are not required elements of the application process. Submitting the license fee is crucial to ensure that the application can be processed and will lead to the issuance of the appropriate license, allowing the applicant to legally engage in car sales activities.