Colorado Car Sales Practice Test

Under federal law, who is required to adhere to the Truth in Mileage Act?

1. Only vehicle manufacturers

2. All vehicle salespersons

3. All parties involved in selling a vehicle

4. Only buyers of used vehicles

The correct answer is: All parties involved in selling a vehicle

The Truth in Mileage Act is designed to protect consumers by ensuring that the mileage stated on a vehicle's title is accurate and not tampered with. This legislation applies to all parties involved in the sale of a vehicle, including dealerships, private sellers, and any intermediaries in the transaction. By holding all involved parties accountable, the act helps to prevent odometer fraud and ensures that buyers receive truthful information about the vehicle's usage and condition. This broad application is essential for maintaining transparency and trust in the vehicle sales market. Adhering to this law is crucial for anyone selling a vehicle to ensure compliance and protect consumers.