Colorado Car Sales Practice Test

What type of motorcycles is exempt from the Truth in Mileage Act?

1. Motorcycles with an odometer reading under 10,000 miles

2. Motorcycles manufactured over 10 years ago

3. Motorcycles that aren't licensed

4. All motorcycles

The correct answer is: Motorcycles manufactured over 10 years ago

Motorcycles manufactured over 10 years ago are exempt from the Truth in Mileage Act primarily because the Act aims to provide protection to consumers from misleading odometer readings on newer vehicles. As vehicles age, the relevance and reliability of odometer readings decrease, and older vehicles often have less value tied to their mileage due to factors like wear and tear, restoration, or modification. Therefore, the law recognizes that the potential for misleading information is significantly lower for bikes older than 10 years, acknowledging the historical context in which a motor vehicle's mileage is less critical for its valuation and consumer insights. The other options do not reflect the specifics of the exemption under the Truth in Mileage Act. Motorcycles with an odometer reading under 10,000 miles might still require an accurate mileage disclosure. Motorcycles that aren't licensed still fall under the obligations of the act, and stating that all motorcycles are exempt would not align with the intent of the legislation.