Colorado Sales License Practice Test

When a vehicle is sold "as is," it signifies that the buyer is accepting the vehicle in its current condition without any warranties or guarantees from the dealer regarding its performance, condition, or any future repairs. It is crucial for the dealer to clearly indicate the "as is" status on the customer contract to ensure that the buyer understands they are taking on any risks associated with the vehicle's current state. This clarity protects both parties: the dealer from future liability for repairs, and the buyer by informing them that the vehicle may have issues that are not disclosed.

The other choices imply some level of assurance or additional services related to the vehicle. Providing a warranty or a claim that the vehicle has passed a safety inspection could mislead the customer into thinking they are entitled to certain protections or guarantees, which contradicts the "as is" concept. Similarly, stating that the vehicle is eligible for future service could imply ongoing support or inspections, which are not part of an "as is" sale. Therefore, the accurate and legally required action is to include a clear indication of the "as is" status without guarantees.