OMVIC Practice Test

If a dealer does not have a specific new vehicle in stock, but will locate the vehicle and bring it in, what must be disclosed to the purchaser regarding the mileage?

1. A statement that there is no maximum

2. A maximum distance that will be shown on the odometer at the time of delivery

3. The distance from the dealer to the purchaser's location

4. A maximum distance or a statement (initialled by the buyer) that there is no maximum

The correct answer is: A maximum distance or a statement (initialled by the buyer) that there is no maximum

The correct answer is option D, where a maximum distance or a statement (initialled by the buyer) that there is no maximum must be disclosed to the purchaser. This means that the dealer must inform the buyer of the maximum distance the vehicle will have on the odometer when it is delivered, or obtain the buyer's initials to indicate that there is no maximum. Option A, stating that there is no maximum, is incorrect because it does not specify any relevant information about the distance the vehicle will have on the odometer at the time of delivery. Option B, specifying a maximum distance shown on the odometer at the time of delivery, is incorrect because it does not provide the buyer with an option to indicate that there is no maximum distance. Option C, indicating the distance between the dealer and the purchaser's location, is also incorrect as it is not relevant to the disclosure of the vehicle's mileage. In summary, by choosing option D and disclosing the maximum distance or obtaining the buyer's initials to indicate that there is no maximum, the dealer is providing transparency and allowing the buyer to make an informed decision about the vehicle's mileage.