OMVIC Practice Test
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Question: 1 / 275
True or False: The total amount the dealer will charge the consignor on the sale of the vehicle can be negotiated after the sale and does not have to be included in the contract.
False
The correct answer is false. The total amount the dealer charges the consignor on the sale of the vehicle is typically negotiated and agreed upon before the sale and is included in the contract. Attempting to negotiate the total amount after the sale may not be possible or may lead to complications and disagreements between the dealer and consignor. It is important to thoroughly review and understand the terms and conditions of the contract before agreeing to sell a vehicle on consignment.
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